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The Myth Of Manufacturing’s Decline
Investors Business Daily ^ | JUNE 3, 2016 | Editorial

Posted on 06/05/2016 7:26:05 AM PDT by expat_panama

For the last two years, we’ve listened as presidential candidates promised repeatedly to “bring back manufacturing jobs.” But they really didn’t go anywhere. As the data show, manufacturing output is near its all-time high. Since 1980, factory output has grown 114%, while the number of factory jobs has shrunk by 36%, or nearly 7 million jobs total. It was technology and productivity, not China or any other nation, that “took” factory jobs.

(Excerpt) Read more at services.investors.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: economy; investing; manufacturing
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To: Grampa Dave

I had to do a double take after reading the first couple sentences to see if the source was really IBD. You really have to go out on a limb to say manufacturing in the US is highest in recent times and expect anyone with two braincells to rub together to believe it.


101 posted on 06/05/2016 12:20:41 PM PDT by uncitizen (Gloves OFF! Go Trump!)
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To: Shanghai Dan
OK. thank you for the data. Now, why is that an issue? Do you understand the requirements to be a legal immigrant? Is the issue ALL immigrants, or illegal immigrants?

The issue is all immigrants, legal and illegal. We need to reduce the numbers drastically. We are being colonized by the Third World. Our demographics have been changed forever. Non-Hispanic whites will be a minority by 2043. By 2019 half of the children 18 and under will be minorities. We are reaping what was sown by the 1965 Immigration Act. 87% of legal permanent immigrants are minorities as defined by the USG. And immigrants and minorities vote more than two to one Dem. There is a reason the Dems want more immigrants and amnesty. They will become the permanent majority party with or without amnesty. Amnesty just hastens the process.


102 posted on 06/05/2016 12:23:05 PM PDT by kabar
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To: bert

I was just telling my wife we need new chromatograph and spectrometer.


103 posted on 06/05/2016 12:24:17 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: FreedomNotSafety
But many of the fascist traders beleive[sic] governemt[sic] taxes, regulations, and policies do not matter

Until we erect onerous tariffs, corporations will not fight those problems. We are giving them a cheap out and political cover for what is really international labor arbitrage.

104 posted on 06/05/2016 12:26:37 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Pontiac

But even the jobs that “monkeys” could do are going away.

So what are all of those “monkeys” going to do?

Idle hands are the Devil’s Workshop.


105 posted on 06/05/2016 12:30:42 PM PDT by dfwgator
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To: FreedomNotSafety
But on this forum China is the problem not the US government.

I think that most on this forum would completely agree that over-taxing and over-regulation is the problem. It's just that most of us are tired of having people piss on our leg and tell us that it's raining. The data in this story is perhaps the leading manufacturing industry in the US since it's "facts" are clearly all manufactured.

106 posted on 06/05/2016 12:31:13 PM PDT by Colorado Doug (Now I know how the Indians felt to be sold out for a few beads and trinkets)
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To: central_va

What happens when China decides to go to war with the US, and we have no Steel-making capabilities?


107 posted on 06/05/2016 12:31:48 PM PDT by dfwgator
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To: dfwgator
What happens when China decides to go to war with the US, and we have no Steel-making capabilities?

We lose, but at least we will have enough time to hang all the globalist Free Traitors™ before the fall.

108 posted on 06/05/2016 12:33:14 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: semimojo
"The top export categories (2-digit HS) in 2015 were: aircraft ($15 billion), electrical machinery ($13 billion), machinery ($12 billion), miscellaneous grain, seeds, fruit (soybeans) ($11 billion), and vehicles ($11 billion)."

Yep - we manufacture and export weapons to everyone in the world, we just don't manufacture much that our own citizens need. I don't know too many people who have bought aircraft, electrical machinery, or machinery. Fewer Americans are eating soybeans, as they find out how destructive they can be to the body (increasing estrogen levels). There are some people out there buying vehicles, or so I hear, although I'm in a well-off college town and don't see too many of them (except stacked on dealer lots, of course).

Weaponry, including planes, guided missiles, tracking systems, military drones, etc are extremely expensive and add significant dollars to the export numbers, but not that much to actual decent paying jobs.

109 posted on 06/05/2016 12:35:27 PM PDT by Kay Ludlow (Government actions ALWAYS have unintended consequences...)
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To: kabar

Good post!

The mantra of “Legal immigration is good, only illegal is bad” is baby talk. Massive third world immigration, mostly hispanic, legal or illegal, is the worst thing ever to happen to our homeland. It hands permanent power to the Left wherever it happens in large numbers - and in 2016 it looks like that means all of our homeland.


110 posted on 06/05/2016 12:38:37 PM PDT by Dagnabitt
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To: dfwgator
Idle hands are the Devil’s Workshop.

Which is why there should be no welfare, no unemployment. No one should be paid to be idle.

Welfare was not the war on poverty. It was the war on the poor.

The poor are trapped in poverty by welfare and then their children are trapped by violence when they have nothing to do and no hope of having a job. No job and no future why shouldn’t they be violent. They have nothing to lose.

111 posted on 06/05/2016 12:42:15 PM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: uncitizen

“I had to do a double take after reading the first couple sentences to see if the source was really IBD. You really have to go out on a limb to say manufacturing in the US is highest in recent times and expect anyone with two braincells to rub together to believe it.”

That was when I stopped reading it.

Trump continues to expose and to cause the free trader/open border thugs to come out in the open with their bs.


112 posted on 06/05/2016 12:46:09 PM PDT by Grampa Dave (Bill Kristallnacht wants to burn down the conservative movement & elect crooked/lying Clinton!)
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To: Sans-Culotte
Are you and the author suggesting that the manufacturing jobs in China are being done by machines?

No, but the Chinese are trying hard to make it so.

According to the above link, Chinese wage growth has averaged 12% per year since 2001. Therefore, the People's Republic needs to do it with fewer people. Otherwise, Vietnam, Thailand, Indonesia, etc., will eat their lunch.

113 posted on 06/05/2016 12:51:19 PM PDT by cynwoody
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To: InterceptPoint
the really important thing that counts, is the standard of living of the average American. In general

That's been tanking for at least the last eight years. That's why the average American is so pissed!

114 posted on 06/05/2016 12:54:02 PM PDT by Colorado Doug (Now I know how the Indians felt to be sold out for a few beads and trinkets)
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To: InterceptPoint
What counts is total output in manufacturing which continues to grow at pretty much the historic rate

What counts is the ability to defend this country in a war and making the weapons necessary to do so.

115 posted on 06/05/2016 12:55:38 PM PDT by dfwgator
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To: Pontiac

You can’t cut off welfare without protecting our borders and without tariffs to protect them from slave wages FIRST.


116 posted on 06/05/2016 12:56:15 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Kay Ludlow
Yep - we manufacture and export weapons to everyone in the world, we just don't manufacture much that our own citizens need.

OK, I'm not sure what percentage of these industrial exports are military, but for the sake of argument let's assume they all are.

Military equipment manufacturing is some of the most advanced, sophisticated manufacturing there is.

Would you rather have us making advanced technology military gear or TV sets?

Your answer may be that we should make it all but then what happens to the $2T of stuff that we export? If we refuse to import we can't expect to be able to export.

117 posted on 06/05/2016 1:00:07 PM PDT by semimojo
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To: central_va

“I would say most of the high tech factories are in Asia and elsewhere....”

Most of the high tech factories are Asian owned not American. Of the ones that have hung on, they are no longer American entities. They view themselves as global enterprises with no national loyalties. And our government encourages this. Real nice of them uh?


118 posted on 06/05/2016 1:00:30 PM PDT by WRhine
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To: central_va
You can’t cut off welfare without protecting our borders and without tariffs to protect them from slave wages FIRST.

Perhaps not.

But it should be time limited. They should go in to it knowing that they must find a job in short order.

As far as tariffs go I am against them. But we should not trade with countries that have them either. Nor should we trade with those that manipulate their currency or subsidize their industry.

Which means we should not trade with most any other country.

119 posted on 06/05/2016 1:07:47 PM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
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To: WRhine

There is nothing nice about Free Traitors™.


120 posted on 06/05/2016 1:09:30 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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