The US has always done high end manufacturing. The difference from the 70s is that it requires a lot fewer humans. Manufacturing output in the US is up ~75% fro

The US has always done high end manufacturing. The difference from the 70s is that it requires a lot fewer humans. Manufacturing output in the US is up ~75% from 1998-2017: https://www.macrotrends.net/countries/USA/united-states/manufacturing-output https://www.macrotrends.net/countries/USA/united-states/manu... Yet employment is down ~4 million people in the same period: https://fred.stlouisfed.org/series/MANEMP https://fred.stlouisfed.org/series/MANEMP Edit: Here's a FRED blog post talking about the same thing: https://fredblog.stlouisfed.org/2014/12/manufacturing-is-growing-even-when-manufacturing-jobs-are-not/ https://fredblog.stlouisfed.org/2014/12/manufacturing-is-gro...