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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (352621)9/28/2007 10:56:22 AM
From: Road Walker  Read Replies (1) of 1573696
 
re: If there we didn't import anything, manufacturing jobs would still be declining as a percentage of the work force. It takes less people to produce stuff than it used to. That's called a productivity increase. Stamp that out and you stamp out any hope for serious per capita economic growth.

But there is also tons more stuff being produced... just the population growth insures that, but also there IS more stuff. Problem is most all of it is being built in Asia.

I don't have the numbers, but I would bet worldwide manufacturing employment has increased dramatically over the last 20 years. While US manufacturing employment imploded.
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