R
rdean
Guest
So far, all we know is that video Trump just put out. Long on rhetoric, short on sense.
U.S. manufacturing way up but blame job losses on robots, not trade deals, Mexico, China | The Japan Times
America has lost more than 7 million factory jobs since manufacturing employment peaked in 1979. Yet American factory production, minus raw materials and some other costs, more than doubled over the same span to $1.91 trillion last year, according to the Commerce Department, which uses 2009 dollars to adjust for inflation.
The vast majority of the lost jobs — 88 percent — were taken by robots and other homegrown factors that reduce factories’ need for human labor.
General Motors, for instance, now employs barely a third of the 600,000 workers it had in the 1970s. Yet it churns out more cars and trucks than ever.
Or look at production of steel and other primary metals. Since 1997, the United States has lost 265,000 jobs in the production of primary metals — a 42 percent plunge — at a time when such production in the U.S. has surged 38 percent.
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Trump's minions happily explaining the new jobs will come from building a wall. A fucking wall? That's the jobs plan? A wall.
sigh!
One of the reasons the old Soviet Union fell apart was because they poured so much of their money into the military. The problem with investing in the military or a "wall" is that you get no return. If you build a bridge, you can add a toll until it's paid for. Same with new roads. Same with a lot of infrastructure projects. But with the military, once it's spent, it's gone. You may pay the personnel and that money may be coming back into the system, but it's not new money from customers.
And a wall? Just throwing away money for a wall? That's why Trump didn't mention it. It's too stupid for words. American civil engineers give the nation a D+ on infrastructure. Democrats have been trying to get infrastructure spending for the last 30 years and Republicans have blocked it every single time. It's estimated the nation needs at least 3 trillion to buck up our infrastructure. 3 trillion. That's how much the deficit grew after the Bush Tax cuts. 90% going to the top 5% so they could create jobs, and they didn't. That's how Republicans run things.
And now there's talk of turning over tollways to private industry so they will build roads and bridges. They are talking about subsidies to private companies to spur them into building, because it worked so well in the past.
Buckle your seatbelts and get ready for the most graft in the history of the United States.
In the meantime, not a mention of education.
U.S. manufacturing way up but blame job losses on robots, not trade deals, Mexico, China | The Japan Times
America has lost more than 7 million factory jobs since manufacturing employment peaked in 1979. Yet American factory production, minus raw materials and some other costs, more than doubled over the same span to $1.91 trillion last year, according to the Commerce Department, which uses 2009 dollars to adjust for inflation.
The vast majority of the lost jobs — 88 percent — were taken by robots and other homegrown factors that reduce factories’ need for human labor.
General Motors, for instance, now employs barely a third of the 600,000 workers it had in the 1970s. Yet it churns out more cars and trucks than ever.
Or look at production of steel and other primary metals. Since 1997, the United States has lost 265,000 jobs in the production of primary metals — a 42 percent plunge — at a time when such production in the U.S. has surged 38 percent.
---------------------------------------
Trump's minions happily explaining the new jobs will come from building a wall. A fucking wall? That's the jobs plan? A wall.
sigh!
One of the reasons the old Soviet Union fell apart was because they poured so much of their money into the military. The problem with investing in the military or a "wall" is that you get no return. If you build a bridge, you can add a toll until it's paid for. Same with new roads. Same with a lot of infrastructure projects. But with the military, once it's spent, it's gone. You may pay the personnel and that money may be coming back into the system, but it's not new money from customers.
And a wall? Just throwing away money for a wall? That's why Trump didn't mention it. It's too stupid for words. American civil engineers give the nation a D+ on infrastructure. Democrats have been trying to get infrastructure spending for the last 30 years and Republicans have blocked it every single time. It's estimated the nation needs at least 3 trillion to buck up our infrastructure. 3 trillion. That's how much the deficit grew after the Bush Tax cuts. 90% going to the top 5% so they could create jobs, and they didn't. That's how Republicans run things.
And now there's talk of turning over tollways to private industry so they will build roads and bridges. They are talking about subsidies to private companies to spur them into building, because it worked so well in the past.
Buckle your seatbelts and get ready for the most graft in the history of the United States.
In the meantime, not a mention of education.
