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Oh? https://qz.com/1269172/the-epic-mistake-about-manufacturing-thats-cost-americans-millions-of-jobs/ https://qz.com/1269172/the-epic-mistake-about-manufactur
by jjoonathan 5y ago
Oh?
https://qz.com/1269172/the-epic-mistake-about-manufacturing-thats-cost-americans-millions-of-jobs/ https://qz.com/1269172/the-epic-mistake-about-manufacturing-...
tl;dr if you focus on Intel's monopoly money-printer years, multiply it by a hedonic adjustment due to Moore's law, and mix it in with the rest of manufacturing it's enough to hide de-industrialization in your statistics.
- rat87 5y ago> But it turns out that Trump’s story of US manufacturing decline was much closer to being right than the story of technological progress being spun in Washington, New York, and Cambridge. Claiming Trump was really right, is usually sign of a writer trying to get people to read a bunch of opinions that don't match reality presented as "bold independent" stance > Worse than the Great Depression: America’s manufacturing jobs implosion So they're straight up going to max bullshit mode? And they say if we ignore one of the most productive manufacturing sectors (computing) the data looks worse, Is that at all surprising?