Quote:
Originally Posted by Erick Estrada
That's not true. It's alive and well but it's been moved to places like Mexico and China. Trump probably won the election on the basis of saying he would bring it back to the USA. I don't know how he's going to accomplish that outside of providing major incentives companies that build everything in the US but that's what he sold the voters.
|
Automation has also been responsible for a lot of those job losses, and those are never coming back. If there are incentives to bring production back the US, you can bet what returns will be in heavily automated facilities. In fact, that's already happening. Since 2010 the US has increased manufacturing output by 20% after adjusting for inflation, and employment in that sector barely increased at all.