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The factories of today are nothing like the 1980s factories this administration thinks they are going to bring back. Go to FRED or any other economic data site
by DebtDeflation 1y ago
The factories of today are nothing like the 1980s factories this administration thinks they are going to bring back. Go to FRED or any other economic data site and plot manufacturing output and manufacturing employment on the same chart. The US manufactures more today than we ever have in history and it grows every year. Meanwhile, manufacturing employment is around its all time low and declines every year.
- caycep 1y ago"manufacturing as a service", however that may look, might be more of a fit for the modern economy...unless we really regress back to 1930
- HeyLaughingBoy 1y agoMaaS is definitely a thing and has been for a long time. Contract manufacturers abound in the US.
- deleted 1y ago[deleted]
- michaelt 1y ago> The US manufactures more today than we ever have in history and it grows every year. https://fred.stlouisfed.org/series/OUTMS https://fred.stlouisfed.org/series/OUTMS https://fred.stlouisfed.org/series/OPHMFG https://fred.stlouisfed.org/series/OPHMFG