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The Mirage of a Return to Manufacturing Greatness
New York Times ^
| APRIL 26, 2016
| Eduardo Porter
Posted on 04/27/2016 5:32:36 AM PDT by expat_panama
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To: expat_panama
41
posted on
04/27/2016 7:27:03 PM PDT
by
Chgogal
(Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
To: expat_panama
Comparing agriculture to manufacturing is stupid.
42
posted on
04/27/2016 7:40:30 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Texas Fossil
Marx believed in Free Trade because of its destructive nature.
43
posted on
04/27/2016 7:42:36 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Robert357
We can't go back to car, railroad and steel manufacturing as the basis of our manufacturing jobs,Why not?
44
posted on
04/27/2016 7:44:32 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: expat_panama
There is an anecdote about a visit by Milton Friedman to China, where he was shown several hundred workers excavating a foundation using nothing but shovels.
He pointed out that one man with a bulldozer could do the job in a couple of days, to which his Chinese guide replied "Yes, but we could not cope with the resulting unemployment."
Friedman's response: "Well, if it's employment you want to guarantee, then throw away the shovels and give them all spoons."
We seem to have more and more Americans who are eager to set up Spoon Brigades.
45
posted on
04/27/2016 8:56:42 PM PDT
by
Eric Pode of Croydon
("I play to people's fantasies." - Donald J. Trump)
To: central_va
Marx was an evil b_tard.
So is Obama.
They both thought it was their right to rule everyone else.
They can all go to hell.
46
posted on
04/27/2016 9:14:48 PM PDT
by
Texas Fossil
((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
To: Robert357
Every major business in every country (yes, including China and Mexico) has talented people figuring out how to produce more with fewer employees.
And they will continue to do so, because your retirement fund and mine are managed by people who seek out the companies who bring in the best bottom lines.
We need to seriously think about how economics will work in a world where we can produce everything we are producing now (and more) with half the employees.
47
posted on
04/27/2016 9:17:45 PM PDT
by
Eric Pode of Croydon
("I play to people's fantasies." - Donald J. Trump)
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