[longtermmemmory]

This article is laying the groundwork for class warfare. Tax THEM to give US properity.

The problem is that many of the jobs lost were good paying jobs for unskilled people. Corporations are over paying top dollar for mere labor. Just an impression. People are not viewed as assets. Workers are just a resource to be managed like raw materials or the paperclips.

[Domestic Church]

"The problem is that many of the jobs lost were good paying jobs for unskilled people"

And many were for highly skilled/experienced middle aged middle management in manufacturing. Their already overloaded positions often merged so entire tiers of management are eliminated Also seen in the same facility after this was an increase of Asian and Mexican folks being hired at the bottom. Naturally, this leaves the rest of the employees at these plants very nervous.

[Classicaliberalconservative]

That is because people are not assets and are not counted as assets. I actually had this come up in my accounting class. My professor asked us to give examples of assets i.e. cash, inventory, machine and equipment etc. I mentioned labor, and my professor responded yes that would count, IF SLAVERY WERE LEGAL. Labor is an expense and like all expenses people try either to minimize them or mazimize their utility. Anyway most job losses from manufacturing are a result of technological innovation and increases in productivity. Put frankly, less people are needed to produce more stuff.