Posted on 01/01/2017 11:24:19 AM PST by Kaslin
As long as people come up with good ideas, there will be people that will have work.
First, the process of manufacturing job creation these days often results in the addition of service jobs that are in fact attached to the manufacturing economy even though classified as service jobs. For example, a computer data analyst in a geotechnical firm that processes ground surveys and rock samples for oil drillers need never get near an oil rig. Yet, even though in a service job, he can also be considered part of the oil industry.
Strictly speaking, today's greater efficiency in oil exploration and drilling due to data collection and analysis means that fewer rigs and field workers are needed to find and get oil out of the ground. Yet at least some of the "jobs lost" in that respect were not lost at all but simply booked to the service sector in spite an essential part of the system of support services for the oil industry.
Second, the demand for labor is diminished by increases in its price and decreases in its utility. Unions have spent decades forcing through increases in wages and benefits in manufacturing and more complicated and restrictive work rules. Inevitably, this has led to increased costs and decreased employment in manufacturing. Notably, manufacturing employment has grown in right to work states, which also tend to be have lower tax and regulatory burdens.
The bottom line is that broader measures of manufacturing output related to total employment should also be evaluated. Moreover, domestic policies as to taxes, labor pay and conditions of employment and general business taxes and regulations can have dramatic effects on manufacturing employment.
My jobs safe too, unless my employer figures out how to demean and humiliate a robot on a daily basis.
It is Big Farma.
The Federal government has been using laws and regulations to force independent farmers to sell out to the industrial farming corporations for decades.
Independent farmers tend to be conservative, but regardless, they exercise personal choice in crop and seed. Monsanto hates that, and the government is in bed with Monsanto just as it is with Google and Facebook.
We already have fascism, courtesy of the Uni-Party and the apparatchik class.
Doctor President Trump is here to help you out with that, Stevie lad!:
(What is happening to Townhall?)
which is why I thought they shouldn’t have bailed out the auto industry. Their legacy costs of retirees vs present employees is unsustainable.
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