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To: Leaning Right
The only problem with this article is that American manufacturing output is up. Check Department of Commerce statistics. Unfortunately, American manufacturing employment is down. Reason: increased efficiency in manufacturing. That should be a cause for celebration. It should mean that prices are falling. That, however, is hidden by the Federal Reserve's policy of cheapening the dollar. Prices of American-made goods would be even higher except for the increased manufacturing efficiency.

Our problem is not that jobs are disappearing, but that new jobs are not being created. Taxes and regulations are stifling the creation of new jobs. Fix that and the problem will soon be shortage of workers.

11 posted on 02/27/2016 9:38:20 AM PST by JoeFromSidney (,)
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To: JoeFromSidney
Reason: increased efficiency in manufacturing.

OH and off shoring had nothing to do with it.


18 posted on 02/27/2016 10:25:21 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: JoeFromSidney

So how great would the US economy be if we hadn’t closed 55,000 factories, shipped them over seas and dumped 12 million of your fellow Americans into the service economy over the last 15 years? A hell of a lot better.


20 posted on 02/27/2016 10:27:59 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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