Ninety nine percent in agreement My only point of contention is the popular mime about the Robots. One can say that any factories that have been built recently are far more robotic , you can say that the future of manufacturing is in robotics . It is hard to justify from productivity or investment numbers that robotics is responsible for the nose dive that happened in manufacturing from the late 90s to 2007. As is argued by the EPI and the CEPR and other progressive economists.
The manufacturing sector had been for years a shrinking portion of a growing economy whose employment numbers stayed relatively stable while the population grew. .The fall off the cliff was the direct result of corporate decisions to outsource labor to the cheapest labor markets in the world and it does not stop at manufacturing. The incessant noise about the robots from the corporate owned chattering class is their bought and paid for get out of jail free card.
You want to see robots go to Germany where investment in robotics was multiples of what they have been here . At the same time manufacturing and employment has grown.
Ninety nine percent in agreement My only point of contention is the popular mime about the Robots. One can say that any factories that have been built recently are far more robotic , you can say that the future of manufacturing is in robotics . It is hard to justify from productivity or investment numbers that robotics is responsible for the nose dive that happened in manufacturing from the late 90s to 2007. As is argued by the EPI and the CEPR and other progressive economists.
The manufacturing sector had been for years a shrinking portion of a growing economy whose employment numbers stayed relatively stable while the population grew. .The fall off the cliff was the direct result of corporate decisions to outsource labor to the cheapest labor markets in the world and it does not stop at manufacturing. The incessant noise about the robots from the corporate owned chattering class is their bought and paid for get out of jail free card.
You want to see robots go to Germany where investment in robotics was multiples of what they have been here . At the same time manufacturing and employment has grown.