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These numbers are more in my favor than yours. It's rapidly shrinking in terms of GDP. Sure, the world economy is growing, thus the rising tide lifts all boats
by juve1996 4y ago
These numbers are more in my favor than yours. It's rapidly shrinking in terms of GDP. Sure, the world economy is growing, thus the rising tide lifts all boats - but compared to competitors, the US is doing quite poorly and losing global share quite rapidly.
If your automation argument was true, this would not have happened - output would have increased exponentially and we wouldn't have lost share. Automation is making it more economical now - but that's a recent development, after the decimation of the American middle class.
- twoodfin 4y agoAmerican manufacturing is very much “still here”, not unlike, say, American agriculture, despite also being crowded out of GDP by other growing sectors. So I’m not sure which claim we’re arguing about.
- juve1996 4y agoStill waiting for you to explain global share. Still waiting for you to realize your time scales are 30 years off. I'll always be waiting. Best of luck!
- JAlexoid 4y agoYou moved the goalpost here, buddy. American manufacturing grew in the last 20 years.(and probably before that) Automation didn't produce the increase in jobs, to match population growth... But a claim that US manufacturing shrunk is false. No one in this thread made a claim, including you, that this is about "global scale". You just threw in this argument to avoid accepting the fact that you're wrong.