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This article fails the basic sniff test. The US is running net trade deficits and continuing to take on more debt every year. As you go about your daily life i
by lgleason 8y ago
This article fails the basic sniff test. The US is running net trade deficits and continuing to take on more debt every year.
As you go about your daily life in the US a significant amount of the manufactured things you purchase are made overseas. Most electronics, made in Asia. Cars, if assembled in the US, have a significant amount of foreign content. Clothes, more often than not overseas. Dishes & kitchen items, mostly China. Major appliances, unless you are buying a GE (now owned by Haire Chinese company) or Whirlpool, made in Mexico, Asia or Europe. Furniture, many choices, especially the ones you assemble, overseas. Lamps, fans, light bulbs, switches, HVAC system etc....mostly China, Mexico etc.. Bed linens, towels, mostly overseas. Your luggage, Asia, Mexico or Europe. If you fly on a US airline on a Boeing plane, it's major overhauls and inspections are being done in Mexico, China etc..
If automation were the culprit, given the transportation costs, these would be manufactured in the US by robots.
- dougabug 8y agoDid you read the article? The central thesis is that automation is not the primary culprit for manufacturing job losses.