3 ms·
Contradictory perception of what's going on with manufacturing in the U.S. recently is because when seen by investors, economists, and mainstream press, things
by anovikov 4y ago
Contradictory perception of what's going on with manufacturing in the U.S. recently is because when seen by investors, economists, and mainstream press, things look like manufacturing is returning (or even never left apart from a few sectors); when seen by workers, it seems like it has almost disappeared. It's just because manufacturing may be growing but manufacturing employment isn't, and won't be growing: when labor is expensive, it is automated away.
I can't say there's anything wrong about it. Do we want people in developed countries toil in sweatshops?