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by laughing_man 4 days ago
It's true in some very important ways. Manufacturing employment is something like 15% of what it was fifty years ago. We only do manufacturing for things that require a lot of technology and a sophisticated skill set.

But not everyone in society is cut out to manufacture integrated circuits. It used to be that a person on the left half of the IQ bell curve could go out and get a job making brooms, or plumbing fixtures, or toys, or any number of things that are only manufactured in China now.

1 comments

USA had low unemployemnt prior Trump ... and still has.

You can worry about manufacturing in the national security sense, but it is not missing in jobs.

Sure. Because people who can't find jobs go on disability. That's why we have record low labor force participation rate.