Article

2017-12-15 Economy

Study Shows Chinese Imports Caused ‘Deaths' of American Factories

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Posted by Besoeker 2017-12-15 01:59|| || Front Page|| [7 views ] Top

#1 You might want to toss in Europe and elsewhere for this one. Around say 150 years of advances in worker's rights in the US are abandoned in China, India et al., where it can extend down to the level of slave labor in some cases.

Fortunately due to lower rates of marriage and higher rates of incarceration, we seem to have a temporary handle on all of this.

Posted by Fairbanks 2017-12-15 03:07|| 2017-12-15 03:07|| Front Page Top

#2 Absolutely true, though manufacturing has been picking up in recent years, what with new products and after all sorts of robotic efficiencies were installed — and the problems inherent in corrupt third world societies with poorly educated work forces discovered, leading some companies to on-shore after having off-shored. Bloomberg reported last month that manufacturing growth has been steady for the past two years, and factory employment has grown as well.

Posted by trailing wife 2017-12-15 08:03|| 2017-12-15 08:03|| Front Page Top

#3 Not a big surprise. Most people in fly-over land have aware of this for sometime. One of the many reasons Trump got elected. I don't recall getting to vote on this issue. I guess it was like Obummer's and Kerry's middle-of-the-night deal with Iran--very shadowy and a one-sided deal.

Posted by JohnQC 2017-12-15 17:54|| 2017-12-15 17:54|| Front Page Top

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