From ~1999 to ~2010 manufacturing shed about 6 million jobs but hot dog you guys, President Donald J. Trump has [yrl=https://www.bls.gov/web/empsit/ceshighlights.pdf]added 491,000 manufacturing jobs in 2 years[/url], he must be a ****ing magician! If he can keep those numbers up we'll be back to where we were in 1999 by 2029!
From ~1999 to ~2010 manufacturing shed about 6 million jobs but hot dog you guys, President Donald J. Trump has [yrl=https://www.bls.gov/web/empsit/ceshighlights.pdf]added 491,000 manufacturing jobs in 2 years[/url], he must be a ****ing magician! If he can keep those numbers up we'll be back to where we were in 1999 by 2029!
You realize Automation has shed many manufacturing jobs
Of course, that was what Obama's whole "magic wand" comment was about. Meanwhile Trump's crowing about adding 20,000 jobs per month as if it's some great achievement.
Today my flat-Earther MAGA boss called the admin into his office and asked her if she bad ever heard of this “Mussolini” fellow, and said with a straight face he thinks he might not have been that bad
It's weird that so many MAGA-types are also pretty big fans of America's former enemies. They're probably just trying to show the left how to move on from past grievances.
From ~1999 to ~2010 manufacturing shed about 6 million jobs but hot dog you guys, President Donald J. Trump has [yrl=https://www.bls.gov/web/empsit/ceshighlights.pdf]added 491,000 manufacturing jobs in 2 years[/url], he must be a ****ing magician! If he can keep those numbers up we'll be back to where we were in 1999 by 2029!
Our current trade deficit accounts for 4 million domestic manufacturing jobs. And while we can’t get all those jobs back, we can realistically shoot for 2 million. Couple that to a multiplier effect - where every $1 increase in domestic manufacturing creates $3-4 in economic activity, some of which are in manufacturing especially automation related manufacturing – getting back to 15-16K is doable in ten years.
Our current trade deficit accounts for 4 million domestic manufacturing jobs. And while we can’t get all those jobs back, we can realistically shoot for 2 million. Couple that to a multiplier effect - where every $1 increase in domestic manufacturing creates $3-4 in economic activity, some of which are in manufacturing especially automation related manufacturing – getting back to 15-16K is doable in ten years.
I'll never be POTUS, but the loss of manufacturing jobs due to trade deficit is not a problem. The GDP per capita in China was $300 in 1980 and it's $9000 now. China is still poor (US is $60K), but it's come a hell of a long way and the overall good of the shift of manufacturing to China has been immense.
Our current trade deficit accounts for 4 million domestic manufacturing jobs. And while we can’t get all those jobs back, we can realistically shoot for 2 million. Couple that to a multiplier effect - where every $1 increase in domestic manufacturing creates $3-4 in economic activity, some of which are in manufacturing especially automation related manufacturing – getting back to 15-16K is doable in ten years.
What is the basis for the 2 million jobs that are able to be retrieved?
It's weird that so many MAGA-types are also pretty big fans of America's former enemies. They're probably just trying to show the left how to move on from past grievances.
Failure of our education that apparently legit never heard of Mussolini
I'll never be POTUS, but the loss of manufacturing jobs due to trade deficit is not a problem. The GDP per capita in China was $300 in 1980 and it's $9000 now. China is still poor (US is $60K), but it's come a hell of a long way and the overall good of the shift of manufacturing to China has been immense.
Well “overall good” for whom and by what metrics is a big issue. But in an economic sense China is screwed. Their only out was to monopolize the tech market; after their “China 2025” plan leaked out, fat chance of that happening. Everyone is fixated on what the right hand is doing but take a glance at what the left is up to:
What is the basis for the 2 million jobs that are able to be retrieved?
About 1 million that were follow-the-herd bad decisions that the firms doing so would take a mulligan on. Another million due to China’s increasing costs of production and our increasing technology.
I've read second hand that some firms are moving production from China back to the US because they're tired of their tech secrets/IP being ripped by China but I don't recall the numbers or any specific names.