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"History shows that trade made easy, affordable and fast...always begets more trade, more jobs, more prosperity," the founder and CEO of FedEx wrote in a recent Wall Street Journal op-ed.
originally posted by: charlyv
A great deal of the decline is directly tied to automation. This has a direct effect on the number of manufacturing jobs and this scenario has been talked about and simulated for years.
originally posted by: BlueAjah
a reply to: charlyv
Automation has very little to do with the loss of manufacturing in the US.
Company after company has closed down factories and moved to other countries. Those other countries are manufacturing the things that used to be made in the US.
You used to find "Made in USA" tags on many things. When was the last time you saw this on clothing, shoes, appliances, or almost anything?
If automation was the cause for decline, you would still see things made in the USA, even if they were made with automation.
originally posted by: onequestion
a reply to: ufoorbhunter
They went to China because they devalue their currency which gives us more purchasing power there and them the ability to pay lower wages.