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The Water Cooler
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Carrier losing jobs: Another Drumpf fumble
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<blockquote data-quote="Frederick" data-source="post: 2991522" data-attributes="member: 17825"><p>Still better than Hillary by a light year.</p><p></p><p>Trump/state deals are not going to save those jobs. such deals make for great publicity, but the underlying cause behind the loss of manufacturing jobs is still there and that trend will most likely long outlast Trump or any of us here. </p><p></p><p>The only way you can truly 'save' those jobs and create more is by changing the fundamental underlying economic causes of these job losses. It's not just carrier losing jobs because of Mexico, it's all manufacturers in the U.S. losing jobs.</p><p></p><p>Exporting these jobs to countries with cheaper labour has been a driving factor so far, but it's becoming more and more expensive to do even that. China is becoming more expensive and there is a very thin profit margin once you factor in all the shipping. </p><p></p><p>It's only cheaper there because of lax laws in environment and labour, but as China becomes more developed, the costs will rise. Mexico is a better option because cheap labour and proximity to U.S. markets. But even countries like China and Mexico won't be able to rely on those jobs for long. </p><p></p><p>Because the nail in the good paying manufacturing job coffin is not Mexico or China, or any other country. It's technology, specifically automation. </p><p></p><p>According to this study; <a href="http://conexus.cberdata.org/files/MfgReality.pdf" target="_blank">http://conexus.cberdata.org/files/MfgReality.pdf</a></p><p>source: <a href="http://fortune.com/2017/04/05/jobs-automation-artificial-intelligence-robotics/" target="_blank">http://fortune.com/2017/04/05/jobs-automation-artificial-intelligence-robotics/</a></p><p></p><p>we have lost 5 million jobs since 2000, of those 5 million jobs, 88% were lost to automation.</p><p></p><p>[MEDIA=youtube]7Pq-S557XQU[/MEDIA]</p><p></p><p>Trump can't do **** about that. It made for nice PR, but those jobs are going to be gone sooner or later, regardless.</p><p></p><p>Unless a fundamental change is made in our economic policies that would probably do more damage to our economy. </p><p>The reality is that these factory workers need to be retrained into the service economy we've developed. These jobs aren't coming back.</p></blockquote><p></p>
[QUOTE="Frederick, post: 2991522, member: 17825"] Still better than Hillary by a light year. Trump/state deals are not going to save those jobs. such deals make for great publicity, but the underlying cause behind the loss of manufacturing jobs is still there and that trend will most likely long outlast Trump or any of us here. The only way you can truly 'save' those jobs and create more is by changing the fundamental underlying economic causes of these job losses. It's not just carrier losing jobs because of Mexico, it's all manufacturers in the U.S. losing jobs. Exporting these jobs to countries with cheaper labour has been a driving factor so far, but it's becoming more and more expensive to do even that. China is becoming more expensive and there is a very thin profit margin once you factor in all the shipping. It's only cheaper there because of lax laws in environment and labour, but as China becomes more developed, the costs will rise. Mexico is a better option because cheap labour and proximity to U.S. markets. But even countries like China and Mexico won't be able to rely on those jobs for long. Because the nail in the good paying manufacturing job coffin is not Mexico or China, or any other country. It's technology, specifically automation. According to this study; [URL]http://conexus.cberdata.org/files/MfgReality.pdf[/URL] source: [URL]http://fortune.com/2017/04/05/jobs-automation-artificial-intelligence-robotics/[/URL] we have lost 5 million jobs since 2000, of those 5 million jobs, 88% were lost to automation. [MEDIA=youtube]7Pq-S557XQU[/MEDIA] Trump can't do **** about that. It made for nice PR, but those jobs are going to be gone sooner or later, regardless. Unless a fundamental change is made in our economic policies that would probably do more damage to our economy. The reality is that these factory workers need to be retrained into the service economy we've developed. These jobs aren't coming back. [/QUOTE]
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