A dependent class is a welcomed class
It would be much easier to produce an accurate list of what the Left isn’t lying about.
Hillary and Bernie are lying to us...
“Everything about socialism is sham and affectation.” - 23.11 Ch23; Evil; Economic Harmonies; Frederic Bastiat
The lie is the weapon used most often by the criminal.
That missive is papering-over-BS.
I have a fried in HR for a textile company. He told me their equipment is horribly outdated. Profit margin isn’t large enough to afford the new stuff,
——Voters looking for a return to the 1960s economy richly deserve the bitter and lasting disappointment that awaits them-—
That applies to quite a few Freepers who can’t grasp the reality
Democraps lying to the Americn people like they all have been doing for years and years? OMG...who would believe it? /s
Bull. NAFTA and soon the TPP, have and will weaken America, loose more jobs than they create and enrich the establishment politicians in Washington.
The fact that the "Made in" labels on the majority of what Americans buy list something other than "USA" easily demonstrates that this assertion is ridiculous nonsense.
North Carolina's textile industry didn't disappear from the state because of robots.
You mean it won’t be fixed by the workers seizing the means of production in the name of the people?
Remember those overpaid union jobs will only produce items that are over priced.
It ain’t gonna be the same.
Can it be better than it is now? I sure hope so.
There are many reasons for changes in an economy... in a local economy... in a national economy ... and in a world economy. Here is a discussion of just one or two of the many factors involved.
In the 1950’s Chicago to Rockford was a hub of the tool-and-die industry and machine shops that made machines for factories worldwide. There was massive export of their product. But much of the product was used locally in the midwest.
These machine shops required workers with a good grasp of math, especially 3D geometry. Many of the workers were immigrants (legal and illegal) who spoke little English but were strong in math.
But as the 60s and 70s progressed, the education system of Northern IL was taken over by the JohnAnderson/LynnMartin type Republicans. That education system produced high school graduates who could not do math.
The tool-and-die/machine shops were unable to find competent employees. Gradually they relocated to Japan, Korea and other places. They pre-ceded the movement of their customer factories to Asia. It was only natural that the factories be located close to their supply of equipment. This became especially true as the pace of life and product cycle became faster and faster.
Consider now. Suppose you want to start a plastics factory in the US. Your plastics factory will need extrusion molding and compression molding and other types of equipment. Where will the plastics factory find a supplier company to supply that equipment?
Consider Mexico also? what percentage of the equipment in a Mexican factory comes from tool-and-die/machine shops in Mexico? Korea? China? Japan? Taiwan? the USA?
There are other factors, of course. The cost of regulation is heavy overhead. Taxes are an issue.
Off topic but I wish someone would ask Bernie what he thinks caused the mass starvation in SOCIALIST Venezuela where they’re eating cats, dogs and pigeons. And the inflation rate tops 500 percent.
Google Venezuelan starvation.
I don't see the trend being reversed. No one is going back to this:
Tell this to the 1200 Carrier employees now on unemployment.
Factory automation and offshoring have nothing to do with each other. Talk about red herrings.