Obama's policies failed they didn't create any jobs, unemployment shot pass the 8% he said it would peak to 10% and staying over 8% for the next 4 years and then slowly came down as in spite of Obama and the Democrat policies business and employers began trying to keep their heads above water and slowly hired people back. Of course wages were falling and the LFPR was on a decline as people just gave up looking. To even try and pretend Obama had a good employment record flies in the face of reality.
We aren't manufacturing the hardware of the new industrial revolution because we're subsidizing coal? Really? To pave the way, and provide the revenue and prosperity necessary for the Trillions needed for the transition, all forms of energy must be exploited. Ignoring an abundance of energy like coal, is foolish. Increased use will lead to improvements in clean technologies that will allow for it's use.
My reference is to automation as it exists today, not 20 years ago. I'm referring to real time practical application of current technology. I'm not talking about a manufacturer with a production line assembling iPhones and thousands of employees. https://www.economicmodeling.com/20...s-smaller-than-you-think-and-getting-smaller/ Some 250,000 manufacturers in the U.S. have fewer than 500 employees. Studies show these smaller businesses produce more innovations per employee than large manufacturers. And truth be told, it is generally from these small companies that the jobs of the future will spring. Indeed, as David Rocks and Nick Leiber observed last summer, smaller manufacturers have been leading the “reshoring” wave that my colleagues and I have been writing about.
I can agree with what you say, in principle. Still, I don't have a clear picture of a bunch of Millennials or Gen-Zer's out in the fields cultivating or harvesting either asparagus or avocados.... Honestly, the greater danger I see to anyone who's trying to make a career in 'manufacturing' isn't jobs being 'off-shored' to the Third World. That happened a LOT in the late 80's and 90's, but today I see the greater threat to employees in that sector coming from automation and robotics. This is an area that has had definite 'up's and down's', as Elon Musk has learned recently, but really, the Coming of the Robots is now inevitable....
Wow! For a Trumper you seem to take things way to literal. Must drive you nuts. Why in the world would we build another coal fired power plant. If we build 3 in the next decade it will me a miracle. As to Trump's subsidies for coal. It looks like a promise broken. https://www.washingtonexaminer.com/policy/energy/trumps-coal-bailout-moves-to-the-back-burner
I found this about what "Middle Class" is: Pew defines the middle class as those whose annual household income is two-thirds to double the national median, which was $57,617 as of 2016. By that definition, a middle-income three-person household earns about $45,000 to $135,000. ... (The remaining 29 percent of American adults are part of the lower class.)Sep 26, 2018 Then, I found this about what "Poverty" income is: 2019 POVERTY GUIDELINES FOR THE 48 CONTIGUOUS STATES AND THE DISTRICT OF COLUMBIA PERSONS IN FAMILY/HOUSEHOLD POVERTY GUIDELINE For families/households with more than 8 persons, add $4,420 for each additional person. 1 $12,490 2 $16,910 3 $21,330 4 $25,750 5 $30,170 6 $34,590 7 $39,010 8 $43,430 This may, or may not, be accurate. It 'seems' about right overall -- but we know that what is starving-'skinny' in San Francisco might be super-FAT in, say, Monroe, Louisiana.... I agree that it does seem like the "Middle Class" is being contracted noticeably. In many instances, people do it to themselves by making very poor "life-choices"....
Yeah, I've just sucked up square MILES of asparagus ever since NAFTA came into existence! I've been threatened with death if I don't flush the toilet, with the lid shut, within fifteen seconds every time I pee!
Coal is an abundant source of energy contained within the borders of the United States. We will continue to offshore jobs and prosperity if we impose restrictions on how we move forward. Coal, and other forms of carbon based energy will be phased out. While that is happening, new technologies will be developed to insure the consumption of all forms of carbon based energy become a clean as possible.
And the other 85% of the worlds carbon being pumped into the atmosphere will only increase in India and China.
We need to attain the "Holy Grail" of energy production -- Hydrogen Fusion, as soon as possible. Unfortunately, we seem to pour hundreds of billions of dollars into everything else instead. The truly tragic thing is how everybody simply assumes that things like electric cars instead of gasoline-powered cars will be some big solution. But they don't consider that the power plants that GENERATE the electricity run on *icky* things like (ugh!) coal, and (slightly more politically-correct) natural gas.... Moreover, do people even begin to comprehend how much of a power plant's product is LOST in transmission?! How far do the lines have to run from a big plant to provide electricity to a bank of "charging stations" way the hell out in some small town somewhere...? These are things that have been known for decades! We studied hydrogen fusion and power plant/power line inefficiencies when I was back at the Univ. of Texas 'when dinosaurs roamed the Earth', in the 1970's. We even had an experimental hydrogen fusion reactor called a Tokamak there then. SO, why don't we have hydrogen fusion-powered energy plants all over the world, now, in 2019?! Link: https://web2.ph.utexas.edu/utphysicshistory/FusionResearchCenter.html
I believe Hydrogen Fusion, and Hydrogen Fuel Cells will play a major role in the production of energy in the future. To pay for that transition, all available resources must be used.
I am with you on fuel cells, using hydrogen. I am highly skeptical of hydrogen fusion. Why I am asked? Locally at the Livermore National Labratory, they have been working on this problem for so long, i can't tell you when they started. They work like super focused scientists yet from what i know, it is not working. Working means you get out more energy than you put in. It is supposed to fuse. Lasers power this project but are extremely powerful. I do not see a day in the future when such lasers will be in the automobile. Think of this as the germans thought of their huge super cannons. Those neve could fit in a small car. They were on tracks and even there were extremely difficult to operate. Hydrogen fuel cells are also a very long term project but there they have made good progress. I believe very much in hydrogen fuel cells. I just now checked on fuel cells and the major problem still is actual cost. Do not trust announced costs since they only can be low with a huge number of operators. Also they are still experimenting with some rather exotic metals.
I didn’t make up any rules. The guy said Obama had 96 consecutive months of job growth(in other words, the entirety of Obama’s presidency). That’s impossible. Also, I stated an opinion about is it really growth until it gets back to the original number. You invest $30,000. In the first two months it loses $10,000, then in the next two months your account is up to $35,000. Did you make 15 grand or 5? Would you call that 10 grand you got back growth?