Moneymoney

Tue Feb 21, 2017, 07:40 AM

Are robots or Mexicans to blame for U.S. job losses?

The vanishing of those fabled factory jobs that once lifted so many blue-collar Americans into the middle class is a tragedy. President Donald Trump rode malaise over this sorry situation to victory -- and he has put the issue front and center by pledging to turn U.S. manufacturing’s fortunes around.

To do so, his administration will need to answer the central question regarding the decline of manufacturing: What is primarily to blame for fading factory employment? Is it mostly the siren song of inexpensive labor that enticed American companies to ship jobs to countries like China and Mexico, and American consumers to buy cheaper foreign imports? Or is the bigger culprit automation, which has been replacing human hands with technology at least since the Industrial Revolution, and even before?

The answer is important because it will help shape how -- or if -- the U.S. government and corporate America can remedy the job-loss quandary. The truth is that both automation and offshoring are powerful, and perhaps even equal, factors.

“It would be naïve to attribute it all to technology,” said economist Hugh Johnson, who runs his eponymous investment firm in Albany, New York.

http://www.cbsnews.com/news/are-robots-or-mexicans-to-blame-for-job-losses/

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Response to Agent_86 (Original post)

Tue Feb 21, 2017, 07:52 AM

1. the "job creators" do not want employees

who demand minimum wage and safe working conditions.

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Response to rampartb (Reply #1)

Tue Feb 21, 2017, 09:45 AM

5. Thats why we need Unions which work on union stuff instead of blowing the members dues on

$300K after dinner speeches by the hillybilly duo.

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Response to rahtruelies (Reply #5)

Tue Feb 21, 2017, 12:50 PM

7. we need unions who represent their members

many unions have been coopted by their inc.

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Response to rampartb (Reply #7)

Tue Feb 21, 2017, 01:33 PM

8. and does blowing the dues money on hillybilly's personal slush fund 'represent the members'?

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Response to rahtruelies (Reply #8)

Tue Feb 21, 2017, 01:37 PM

9. lobbying is a fact if life

its difficult to consider that "well spent."

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Response to Agent_86 (Original post)

Tue Feb 21, 2017, 08:01 AM

2. When Mexico is sending it's robots

they are not sending their best Mexican robots. They are bringing O-rings, they're bringing solenoids, they're bringing lubricating oils. They are robots that don't talk, they only work. And some, I assume are good robots.

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Response to Agent_86 (Original post)

Tue Feb 21, 2017, 08:15 AM

3. All of the above plus China and every other low wage country out there.

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Response to Agent_86 (Original post)

Tue Feb 21, 2017, 09:43 AM

4. Both Mex and robots are a problem plus China currency manipulation and Indian H1B's

Robots like tractors replacing the mule in cotton country can work to the gain of all Americans- the mex/china trade/indian labor imports simply need to end.

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Response to Agent_86 (Original post)

Tue Feb 21, 2017, 10:28 AM

6. It is very narrow minded to just look at factory jobs.

Multinational companies have been investing in new and upcoming markets or emerging is the buzz word.
They see sales growth in China, India and Asia in general. They feel the nort American market is done.

They have an continued to invest there not here. This trend started long ago and both sides have encouraged it for their own interests.

I doubt Trump alone can stop this but I know for certain Hillary wouldn't even try she relied on big dollars from these countries and companies. Even Obama tried to lower expectations with voters that the trend would continue, accepting the current pathway to even deeper losses.

In someway the defeatist attitude from the left turns voters off . Trump represents the can do attitude that is the American spirit and only recently gave way to is as good as it gets.

All the hope and change was just empty rhetoric nothing more as the last 8 years have proved.

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Response to Agent_86 (Original post)

Wed Feb 22, 2017, 09:39 PM

10. I had a customer that reworked gas lift valves for the petro industry on a small hand-operated lathe

He started out in a small metal building that was little more than a tin shed.

Within two years he built a nice machine shop and purchased an automated lathe for a half million dollars. He went indo debt to make the move but it paid off. A year later he had paid for the first lathe and purchased two more. Each lathe had to be reprogrammed each time a new part had to be made. He was able to hire more programmers, office workers, and a full time accountant as a result of the increased productivity from those automated machines. Without them, he'd probably be in that tin shed with maybe a second or third manual lathe.

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Response to Agent_86 (Original post)

Sat Mar 11, 2017, 03:30 AM

11. Corporate greed is trying to distract us by putting one poor group against another poor group.

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Response to Agent_86 (Original post)

Thu Mar 16, 2017, 10:21 AM

12. Its both PLUS

The big elephant in the room no one wants to speak about. Overpopulation. if you want great paying jobs you need a shortage of labor. The current automated factory lines need people to design them, fix them and program them We are not quite to the point of self repairing, self programming automated machines, being utilized on a global scale yet.

I find it amusing that the big "dream" was if we could get our machines to do almost everything that is considered hard work we could create a world where people would be free to engage in "high value" activities like the creation of art and poetry, better government, etc.... Now how many people do you personally know who have the skills to do any of that?

Humans are smart animals who very well may have painted themselves into a corner because they cannot figure out how to think further than the end of their own noses.

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