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To: InterceptPoint

Production and output doesn’t necessarily translate to jobs. Modern plants rely on automation. The problem is theses plants are moving outside our borders.

I’ve seen the Samsung plant in Mexico. It’s the size of a medium city. It employs tens of thousands of people. They plan on doubling in size. They are in the process of building FOUR gas turbine generators to power it.

The town that it is located in has 3 Korean language TV stations, none in English.

Where do you think the appliances made at this factory are sold? Wouldn’t it have been nice if Samsung had located this factory in Texas?


33 posted on 07/28/2016 6:18:47 AM PDT by PJammers (Quis custodiet ipsos custodes?)
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To: PJammers
Production and output doesn’t necessarily translate to jobs.

That is correct. It is also the major point of the article. People get very confused about this. Yes, manufacturing jobs are declining. But manufacturing output isn't.

That's life. Employment in other sectors is growing. Buggy whip factories are not doing well. Software factories are. Times change.

51 posted on 07/28/2016 6:30:44 AM PDT by InterceptPoint (Ted, you should have endorsed. Big mistake.)
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