For example, nearly 25 years ago, General Motors employed 454,000 workers, more than any other company in America, to produce 5 million cars and trucks a year, according to the Harbour Report which tracks the auto industry.Today, GM makes about the same number of vehicles, but employs just 118,000 workers because of increased mechanization and technology.
Sad that GM has not grown in 25 years. They might have actually grown if we had not given the auto industry away to Japan. I am all for increased productivity through technology, but free traders want increased productivity through exporting jobs.
we did not "give" the auto industry to Japan, they developed better products and took market share. they make cars in Japan without the use of $1 per day labor, and they make alot of cars employing americans. the situation with Japan is totally different then we face today with India and China.