Mirage of a Return to Manufacturing Greatness
Boy do I think this article/opinion piece from today's NYT biz section is spot on. Trump, Sanders, Hill are all full of poop imo. You can't "save" mfg jobs, anymore than the UFW could "save" farm jobs, because given the choice between cheap tomatoes from mechanized uber-farms or more expensive hand picked tomatoes from quaint farms run like they were in the 1800s, guess which choice the consumer makes?
The young kid Bern supporters standing in "solidarity" with the striking Verizon workers - the landline workers in large part - how many of them have landlines? So who's putting pressure on the workers, Verizon or the kids standing next to them on the picket line?
The Don IMO all but loses his mantle as the great businessman with his rantings on this subject. You can sort of forgive it in a life long ivory tower socialist like the Bern - we don't really expect him to emphasize practical considerations. The Don on the other hand claims to be this astute businessman and brilliant negotiator.
And Hill has her head up her hind quarters with her tax inversion rantings. What it comes down to in all of this - you gotta be competitive. The same people who are frothing at the mouth in support of protectionist and authoritarian measures expressed by all our current candidates demand this competitiveness when standing at the cash register. Or ordering on the borderless Internet.
Times are changing and that's nothing new. Our govt should be prodding us forward instead of romanticizing the past.
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Link: http://www.nytimes.com/2016/04/27/business/economy/the-mirage-of-a-return-to-manufacturing-greatness.html?ref=business&_r=0
Posted: 04/27/2016 at 09:14AM