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BUSINESS American jobs are going to robots, not China.

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white_swan53 On October 07, 2020




n/a, New Mexico
#1New Post! Mar 19, 2017 @ 15:29:56
Quote:
Donald Trump blames Mexico and China for stealing millions of jobs from the United States.

He might want to bash the robots instead.

Despite the Republican presidential nominee's charge that "we don't make anything anymore," manufacturing is still flourishing in America. Problem is, factories don't need as many people as they used to because machines now do so much of the work.

America has lost more than 7 million factory jobs since manufacturing employment peaked in 1979. Yet American factory production, minus raw materials and some other costs, more than doubled over the same span to $1.91 trillion last year, according to the Commerce Department, which uses 2009 dollars to adjust for inflation.
But research shows that the automation of U.S. factories is a much bigger factor than foreign trade in the loss of factory jobs.


Multinational companies are also rethinking how they spread production across the globe in the 1990s and 2000s, when they tended to manufacture components in different countries and then assemble a product at a plant in China or other low-wage country. The 2011 earthquake and tsunami in Japan, which disrupted shipments of auto parts, and the bankruptcy of the South Korean shipping line Hanjin Shipping, which stranded cargo in ports, exposed the risk of relying on far-flung supply lines.

So companies have been returning to the United States, capitalizing on the savings provided by robots, cheap energy and the chance to be closer to customers.
In a survey by the consulting firm Deloitte, global manufacturing executives predicted that that the United States — now No. 2 — will overtake China as the most competitive country in manufacturing by 2020.




https://www.csmonitor.com/Business/2016/1102/American-jobs-are-going-to-robots-not-China

So it would seem that yet again Trump is johnny come lately to the table but will strut and crow , and take the credit for the returning jobs . Even though they have been returning for six years and the trend will continue . Obama can't take credit either , it was mostly mother nature in the form of a huge earthquake
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