[sparkscoffee] Re: Why manufacturing jobs are never coming back
- From: Sblumen123@xxxxxxx
- To: sparkscoffee@xxxxxxxxxxxxx
- Date: Wed, 6 Feb 2013 14:20:58 -0500 (EST)
RR
Checked out your Businessweek link and in spite of China's
over population they are going full tilt in domestic and
joint ventures with outside captalists investing robots, selling rope
to the hangman. Their one child per family on long range planning
is right. They said in the beginning that China cannot afford such
a big population. Only a not for profit socialist system can save
humanity, for profit captalist system is kaput.
Comrade B
In a message dated 2/6/2013 9:06:41 A.M. Eastern Standard Time,
ristad@xxxxxxxxxxx writes:
The rise of the robots.
"...With each month, the US economy becomes steadily more automated. In
January _the US economy added just 4,000 manufacturing jobs_
(http://ftalphaville.ft.com/2013/02/01/1367412/january-payrolls-157000-unemployment-rate-7-9-
per-cent/) , and the net increase since July is zero.
"Yet last month, manufacturing activity rose by its fastest rate since
April, _according to the Institute for Supply Management_
(http://www.ism.ws/ismreport/mfgrob.cfm) . The difference boils down to robots,
which pose an
increasingly nagging paradox: the more there are, the better for overall
growth (since they boost productivity); yet the worse things become for the
middle class. US median income _has fallen in each of the last five years_
(http://www.ft.com/cms/s/0/ed14fc70-fc51-11e1-aef9-00144feabdc0.html) ..."
http://www.ft.com/cms/s/0/f6f19228-6bbc-11e2-a17d-00144feab49a.html#axzz2Jva
QR9vh
Robots in Chinese factories.
http://www.businessweek.com/articles/2012-11-29/the-march-of-robots-into-chi
nese-factories
-RR
"Any man who thinks he can be happy and prosperous by letting the
government take care of him, better take a closer look at the American Indian."
-
Henry Ford
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