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by buescher
1363 days ago
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Short answer: yes. Despite the doomsayers and the fact that you might not know anyone that works in manufacturing, the US is still a manufacturing powerhouse.
https://www.brookings.edu/research/global-manufacturing-scor...
At 18% of global manufacturing output already, "a net gain of 67,000 workers above prepandemic levels" is not going to move the needle. |
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It's in dollars, which is very misleading and forms an incomplete picture of the ecosystem required to have true manufacturing ability. We do final assembly on an automobile and that gets registered as big $$$. But it's actually pretty easy to assemble a bunch of already-made parts. Much more difficult (and quite a lot of skill, built up over decades) to make the fuel pump from raw inputs! We lack completely the lower three-quarters of the pyramid.
By this same logic, I did $500 in manufacturing this quarter because I assembled two Billy bookcase... nah.
You don't know anyone because... we don't do a lot of manufacturing. The pre-made imported parts come into a handful of Toyota factories, and a whole bunch of very expensive SUVs come out. That's how you can get such a high $$$ number and not know anyone who works manufacturing.