We Need Factories for Making Products and Not for Making Jobs

Williams should get around more. American factories have adopted hi-tech manufacturing robotics with great vigor. Which has had these two fully predicted consequences - the reduction in Manufacturing job numbers whilst also concentrating on competitive manufacturing niches. (And upon key global niches for advanced products for which the world clamors.)

Manufacturing at present accounts for less and less of total GDP - as seen here in recent data:


Manufacturing in terms of sector percentages is dwarfed by both Information Technology and even Administration and Waste Management Services.

So, what's the lesson to be learned? Manufacturing has gone "up-market". Meaning what?

One needs some very good credentials, as obtained in a postsecondary education program, to make a good living out of the manufacturing sector. Putting together components of attractive sunglasses - work my mother used to do in Central Massachusetts - is no longer a mainstay of America's productive talents.

Times change, and people must change with them. We need to get our kids out of high-school and into tertiary-level academic programs in order for them to have the means to find a good job at good pay in the US.

Manufacturing contributes barely 12%* of all jobs – so let’s not go overboard on it, shall we ... ?

*As shown here by the Bureau of Labor Statistics.

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People who complain about our politicians should try running for the job.

They will see how difficult and dependent upon Much-Muney (to get continually reelected) that job is. Thus making politics (as a profession) beholding to moneyed-interests.

Which is why we have the Congress that we have today - Replicants who are "in the business" to assure profits and corporate longevity.

But what about us lowly "consumers" who actually make the wheels of our market-economy go round?

They think we should be "happy with what we got". Which is a country with one of the highest levels of Income Disparity (unfairness) in the world. On the same level as China.

Don't believe it? See that sad truth depicted here:

 

Nonsense.

Manufacturing is a very minor sector of all jobs and its numbers are reducing daily. The onslaught of robotic manufacturing has not had its total effect - not yet ...

 

Then you are saying it's a waste of time to vote?

 

I like the tax system in which all Americans fund the government which they demand...

 

Well, it makes as much sense as going to church, I guess. I don't want voting to go away, because people would lose their minds. But I certainly won't waste my time with it.

 

Every penny spent in the economy TRICKLES left, right, up and yes DOWN...every penny spent no matter who is doing the spending...

 

Americans who do not vote have no right to complain about needing more factories or more jobs or anything to do with government...

 

In economic theory, sure. But not in the real world. How many street-cart hotdogs do you think Wall Street banksters buy?
Do you see Lloyd Blankfein in the Wal-mart frozen food aisle?

To the supply side - do those low-wage manufacturing jobs build Teslas, or cheapo Hondas? Do you think they're going to use unskilled low-rent labor to build skyscrapers, or legit high-end contractors?

 

Nonsense. That's like saying that people who don't pray enough have no right to live.

 

With that remark, you have just disenfranchised close to half the population of the country.

Historical voting record of the US:
U.S. voter turnout trails most developed countries

Real, practicable democracy is no longer American ...

 

You must believe that wealthy people just put all of their money in their mattresses and never spend? How do you think they acquire homes, and cars, and boats, and travel, and bling, etc. etc. etc.? Perhaps you can actually imagine a world in which wealthy people don't spend a dime then you can further imagine how this would effect the economy and jobs?

And it's not economic theory? It's a fact Jack! Every penny spent energizes the economy. Again, if you can't grasp this, try to imagine how the economy would be if there was no spending?

Wages are determined by the supply and demand of that labor...not by any conspiracies. No matter the job or task, the employer pays whatever is required to hire and sustain the labor...

 

Not even close...praying to Allah or whomever is a personal thing. People who don't vote have no right to question the outcome of those people who do vote...

 

You are probably correct and this is a problem today. No matter, people who do not vote have no right to question the outcome of those who do vote. People who do not vote are simply lazy or righteous!

 

I bet these new life-like Japanese sex robots put a lot of hookers out of work.

 

I spent many years slaving my butt off and living in shitt holes to prepare myself with skills I could sell. Many people think 9 to 5 and party every weekend should bring security and prosperity. Cuz you know, while I was putting in 100 hour weeks for years on end, feeding my family on little money, I was having a party too

 

In a truly free country they have EVERY RIGHT to question the outcome. But, yes, the law is the law - and it must be observed.

If the Dems had not been so effing dumb about Reagan's new taxation-bill in the 1980s, we'd not have the Gross Income Disparity that we do today, and a market-economy that incarcerates more than 14.5% of all Americans (45.3 million men, women and children) below the Poverty Threshold. (See more detailed stats here*.)

The lucky ones below the Poverty Threshold get a jail-sentence and therefore free room 'n board paid by fellow citizens. Also an aberration of the "American way" ...

Anecdotal reference regarding America's prisons from The New Yorker:

*One interesting data point from this link:

 

Had you lived in Europe, I don't know about "living in shat-holes", but your postsecondary education (vocational, 2- or 4-year) would have been free, gratis and for nothing. (Not including living quarters and nourishment.)

Which is why here we have higher taxation - as well as for the nearly-free birth-to-death no-questions-asked National Health Services.

Wakey, wakey, America! You (plural) are light-years behind Europe in terms of Social Equality ... !

 

You're insolvent, and your money printing is about over. Should be good fun from here

 

Blah, blah, blah, blather ...

 

Don't worry, the ECB will save you

 

Some people must have the last-word.

You've had yours. Do you feel better now ... ?

 

Did you just try to get the last word?

 

Well I would slightly disagree with

"The purpose of an automobile factory is not to create jobs — it is to create automobiles..."

The purpose of the automobile factory is to earn the owners, the share holders, a profit. The over all purpose of the company is to make a profit. That is accomplished in this case by selling automobiles and done so by producing them.

Unfortunately many on the left believe the purpose of a factory or a company is to employ people people and pay them is some cases more than the labor is worth. Of course I would bet many of them do not invest in companies and hold no ownership in companies.

 

Wages and salaries are based on the value of the job to the employer and are relative. Does the value of floor sweepers increase over time? How about hamburger cookers, is the value of that job worth more to employers now than in the 1970's? Is the value of a store greeter higher today than in the 1970's if so why? Jobs at the bottom aren't going to show any significant increase in relative value unless we simply have more people working and there are fewer people to staff those positions and if the cost of hiring someone to fill those jobs exceeds the value to the employer those jobs will be eliminated.