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The article discusses how Germany's middle class manufacturing jobs are booming while the United States is seeing a major decline in that demographic. There's
by fjk 12y ago
The article discusses how Germany's middle class manufacturing jobs are booming while the United States is seeing a major decline in that demographic.
There's a comment after the article by 'LaughingTarget' that touches on a lot of great points but I wanted to bring up this specifically:
> For example, if an accountant is hired at BMW is classified as a manufacturing employee while an accountant in an accounting firm supporting Tesla Motors is classified as a service employee.
Classification of jobs matters, and the article's analysis of manufacturing jobs between Germany and the US seems like an apples to oranges comparison.
- Zigurd 12y agoClassification of products also matters. That bump in durable goods manufacturing? That was an order for 10 submarines. Our manufacturing is highly dependent on military spending. That's not enhancing the quality of life here.
- njharman 12y ago> That's not enhancing the quality of life here. Well that's unknowable. Based on the perceived quality of life of people the USA bombs/embargoes/invades, it's better to be the giver than receiver.
- Zigurd 12y ago> it's better to be the giver than receiver The war spending, coming at the same time as the derivative crash, could be blamed for speeding the end of American global preeminence. That's likely to have a negative effect on quality of life, and those were avoidable errors.