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It's quite possible that I'm just fooled by the ubiquitous "Made in China" stamp. But another way of looking at your stats is that outsourcing labor-heavy jobs
by AlexTWithBeard 8y ago
It's quite possible that I'm just fooled by the ubiquitous "Made in China" stamp.
But another way of looking at your stats is that outsourcing labor-heavy jobs to China indeed decreases the amount of jobs available to local people. Industrial output, on the other hand, only grows because of the automation.
- ineedasername 8y agoThat's pretty much exactly what I mean. Sure, some jobs have left the country, but those no longer count in our industrial output index referenced in my parent comments. And I'd argue many of these jobs would have been eliminated with automation if they'd staying in the US anyway. Our native industrial output has increased but via automation that actually made jobs decrease. The situation with Carrier, manufacturer of HVAC systems, is a perfect example. They were given a tax break to keep a manufacturing plant in the US, but explicitly stated they'd be investing $13 million in automation that would reduce the number of jobs needed. No other country is getting these jobs instead of the US. The jobs are simply gone, through automation.