Monday, December 26, 2016

Seen and Unseen

The other side of manufacturing job loss: Global Trade Is Why Your Television Did Not Cost $6,200 Like It Did in 1964

Automation has also destroyed manufacturing jobs while benefiting consumers.* As automation creeps into other industries, it becomes a much bigger threat than foreign labor. We need a leader with a plan for that challenge, not one who wants to raise consumer prices through protectionist tariffs.

Bringing offshored jobs back - when most of those jobs are going to be automated out of existence - is the opposite of visionary.

*U.S. manufacturing productivity has steadily increased since 1950.

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