Posted on 02/07/2015 5:52:17 PM PST by 2ndDivisionVet
In the last decade, weve lost millions of manufacturing jobs to outsourcing. According to U.S. News and World Report, there are now 5.1 million fewer American manufacturing jobs than in 2001. The lure of low wages, tax advantages, and other cost savings has made for a seemingly straightforward calculus, and manufacturer after manufacturer, supported by intricate spreadsheets, has abandoned ship, until offshoring has become the emerging mantra of the new millennium. U.S. companies that still manufactured locally have slowly become outliers.
Interestingly, this dynamic now seems to be changing, as were beginning to see more manufacturing in the U.S. Total output from American manufacturing relative to gross domestic product is back to pre-recession levels, with more than half a million new jobs. According to the Reshoring Initiative, 15% of this job growth results from reshoring alone. There are many reasons for this shift back to the U.S.
More bang for the buck.
The first has to do with cost. It used to be cheaper to manufacture outside the U.S.; now the costs are now converging. In the manufacturing sector, the U.S. is still among the most productive economies in the world in terms of dollar output per worker. To be more specific, a worker in the U.S. is associated with 10 to 12 times the output of a Chinese worker. Thats not a statement about intrinsic abilities; it merely reflects the superior infrastructure of the United States, with its higher investments in automation, information technology, transportation networks, education, and so on....
(Excerpt) Read more at forbes.com ...
Note that that article is dated 12 years ago.
And you think you are going to find able bodied natural born American citizens who are willing to pick and pack 6 heads of lettuce every minutes 10 -12 hours a day in 100 degree heat without shade for $15 an hour??
As I said earlier, I wouldn’t do it for $100 per hour. I’d like to watch you meet that quota for 10 minutes. And you expect others to do it for 10 hours? Dream on.
When I saw goldbug conspiracy theories, I was probably laughing.
Get me going on what? Proving your claim that the Fed conspired with one or more gold producers to tank the price of gold? LOL!
That's funny on a couple of levels.
Can you imagine the conversation? Hi, this is Alan Greenspan, thanks for meeting with me Mr. (Gold Company CEO). I'd like you to help me keep the price of gold below (magic price level) $X.
Sure, Mr Greenspan, happy to help. After all, why would my company want higher gold prices?
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Nevertheless, here's another:
http://blog.milesfranklin.com/the-dow-jones-propaganda-average
Of course, it's all pig whistle, like the guys who said CMO's and substandard lending practices to please the panderers would end badly.
I'll bet you were laughing out of all orifices when the S&P bottomed at 666.
You work for Goldman or somebody? Troll FR to put out the spin?
You certainly don't discuss anything, just scoff and sneer and behave like a trust-fund RiNO.
On the level?
There's a fed conspiracy.
Proof?
Google this, or that.
You certainly don't discuss anything
What would you like to discuss?
The Fed ran a scam for years dumping gold through Barrick Resources (owned their stock at one point)
You never did clarify. Did you own Barrick stock, or did the Fed?
Just as TPTB maintain CONTROL over financial markets with a pit bulls veracity, I will continue to EXPOSE what they are doing. Thanks to the virality of the internet, it is IMPOSSIBLE for them to prevent the flow of information, and with each passing week more and more damning evidence infiltrates the worldwide web.
Wow, have they disappeared this guy yet?
He's exposing their scheme!
I'll bet you were laughing out of all orifices when the S&P bottomed at 666.
Not really, but I feel better now.
Yeah. More manufacturing doesn't mean more manufacturing jobs.
or they will bring in H1B visa holders from India to take over your job for half the price
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