Quote:
Originally Posted by djplong
That basic fact - the fact that we ARE still the most productive workforce in the industrialized world - is why we can still have a higher manufacturing output than even China (i.e. they make plastic crap, we make airplanes) while simultaneously losing jobs.
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There are at least eleven aircraft manufacturers in China. China has been manufacturing Aircraft and Aircraft parts and Airframes for over 65 years. Heck even the so-called European AIRBUS A320 has been made in China since 2009."Coach" purses are going to be made in India..instead of China...because Chinese wages are "too high". Gosh, I wonder why "Coach" moved out of the USA several years ago? ( maybe our productivity was too high). IMHO, WE..as a Nation need to focus on Education..namely Math and Science...to create jobs. Inovation and new ideas can create jobs. Productivity has gone the way of the buggy whip. No matter how many you can build in one-hour.... you still can not sell them.