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Everybody knows that there are fewer manufacturing jobs in the U.S. than there used to be. To be precise, there are 6.998 million fewer manufacturing jobs now than when employment in the sector hit its all-time high of 19.533 million in June 1979. Manufacturing's share of nonfarm payroll employment has dropped from a wartime peak of 38.8 percent in November 1943 to 8.5 percent now.
But as econowonks have a habit of pointing out whenever the state of manufacturing in the U.S. comes under discussion, as it has with President Donald Trump's pledge to impose stiff new tariffs on steel and aluminum imports, U.S. manufacturing output hasn't collapsed. In inflation-adjusted terms, in fact, it is more than twice what it was back in 1979, when manufacturing employment peaked.
originally posted by: rickymouse
A company can buy a tool from china, or any product actually, and put a label on it or one part on it and it is considered American made. This actually distorts the manufacturing job index,
You cannot trust those figures they have twisted, that practice was put into place under Clinton or Bush.
Hopefully the Republicans fix this problem, the Democrats are the ones who want to enslave the other countries to get cheap products and mark them up to sell here.
There are way fewer real factory jobs here in America now
originally posted by: Southern Guardian
originally posted by: rickymouse
A company can buy a tool from china, or any product actually, and put a label on it or one part on it and it is considered American made. This actually distorts the manufacturing job index,
And what's your source for this? I don't doubt this may be happening, and to a level that may be distorting the figures, but you haven't sourced this. It's unsubstantiated.
You cannot trust those figures they have twisted, that practice was put into place under Clinton or Bush.
So it's all a lie, fake news again. You can't use this excuse everytime you disagree with an OP. What's your source?
Hopefully the Republicans fix this problem, the Democrats are the ones who want to enslave the other countries to get cheap products and mark them up to sell here.
It's all the Democrats fault, of course. I suppose they forced Trump and his buddies to manufacture their products overseas? Did he force the Mar-a-lago to hire some 70 foreign workers instead of Americans?
Just partisan bickering again the OP on your side.
There are way fewer real factory jobs here in America now
There are few Manufacturing jobs yes, had you read the OP you'd note this is meantioned. Even the source says there are $6 million fewer manufacturing jobs. I think you need to read the OP again and comprehend the point put forward.
My source for the first part is from actually getting into sales talks with a Taiwan tool manufacturer who gave me this information
I do not have to supply anyone with information links about how they have changed the way they interpret things
the Democrats are the ones who want to enslave the other countries to get cheap products and mark them up to sell here.
originally posted by: Southern Guardian
a reply to: rickymouse
My source for the first part is from actually getting into sales talks with a Taiwan tool manufacturer who gave me this information
I do not have to supply anyone with information links about how they have changed the way they interpret things
Your source is yourself. Ok. Got you.
originally posted by: tinner07
a reply to: rickymouse
the Democrats are the ones who want to enslave the other countries to get cheap products and mark them up to sell here.
Wait just a second.. How do you back that up? It is the republicans that gave tax breaks to offshore mfg in the name of profits under Bush, and well want to let corps dump their toxic waste in your swimming pool in the name of profit
originally posted by: Southern Guardian
You'd swear on the ground it's not the case after seeing so many factories closed down and outsourced. Apparently the stats show differently:
Everybody knows that there are fewer manufacturing jobs in the U.S. than there used to be. To be precise, there are 6.998 million fewer manufacturing jobs now than when employment in the sector hit its all-time high of 19.533 million in June 1979. Manufacturing's share of nonfarm payroll employment has dropped from a wartime peak of 38.8 percent in November 1943 to 8.5 percent now.
But as econowonks have a habit of pointing out whenever the state of manufacturing in the U.S. comes under discussion, as it has with President Donald Trump's pledge to impose stiff new tariffs on steel and aluminum imports, U.S. manufacturing output hasn't collapsed. In inflation-adjusted terms, in fact, it is more than twice what it was back in 1979, when manufacturing employment peaked.
www.bloomberg.com...
America is still competitive in the market and exports are still a major part of the economy - it has increased as a matter of fact over the years. So how does this link up with the decline in manufacturing jobs? Simply put, we're producing things far more effeciently than we did 20 or 30 years ago and there in lies the dilemma..... you want to protect and bring jobs back to home soil and promote American made goods domestically in an ever technologically advancing society where we simply don't require that many employees. It's not a left or right thing, it's reality.
I was actually a supporter of increasing Tariffs in the past - I'm a believer of protecting jobs on soil. That being said, reality barks at that idea. The fact of the matter is, it's simply far more cheaper to invest in greater technology to carry out manufacturing tasks and, to some extent outsource. Increases in 'tariffs' will do little to nothing to change this trend. That and the fact that the US is heavily dependant on exporting in this inevitably globalizing economy so will be hit hard by retaliatory tariffs.
So far Trump has gone ahead with his steel and aluminium tariffs against China.... a country we import exactly 2% of steel and aluminium from - lower than what we do from Russia (8%), Mexico (9%) and Canada (16%). Given the facts at hand, this is a symbolic jab at China more than practicality... and it's only going to hurt the US in the long run. What we need is to invest in more innovative jobs, new jobs sectors. Chasing or trying to revive the past in the modern age evidently isn't going to work. It no longer takes teams of men to build a Corvette and if it does..... Charlie Chan from Gaungzhou will do it for a fraction - tariffs won't change a damn thing. That's just a reality in this day and age. Time to move on - just like we're doing with coal.
Nucor, which is the largest producer in the U.S. comes in 12th.
originally posted by: Southern Guardian
a reply to: amazing
It's funny isn't it? We've heard for years on this board from members that the freemarket is the best system and that competition is good.....