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Politics : American Presidential Politics and foreign affairs

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To: RMF who wrote (37269)	9/21/2009 4:04:44 PM
From: TimF	Read Replies (2) of 71588

If you exclude manufacturing that doesn't involve JOBS how are we doing? No manufacturing "doesn't involve jobs". We might manufacture more with less, but each industry still "involves jobs". Are you including our manufacturing of PILLS? Sure, everything, because everything should be considered. but if you exclude pharmaceuticals we've still had an upward trend in manufacturing output. If so, then probably $200 Billion (or more) of our manufacturing can be attributed to ten thousand people. I'm not sure that's accurate, I could check it, but I don't really care about the issue. The point isn't to create jobs the point is to create income and wealth. And even if it was to create jobs there is no long run trend to higher unemployment rates (and that's even with unemployment benefits and welfare, and higher minimum wages which tend to increase unemployment). Most esp. it isn't about jobs in one particular area like manufacturing. Manufacturing is following a similar (if perhaps shallower) trend to the one that agriculture followed. We produce more with less, freeing up the people no longer needed to produce even more of something else. We used to employee maybe 90% of Americans to feed the country, now depending on how you measure it its something like 1 to 4%. That's a good change not a bad one, we'd be pretty poor if we took those people out of other places and required them all to grow food. Its also a world wide trend, even before the current recession China was also "losing manufacturing employment", as they start to be able to produce more with less.

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