Sunday, March 1, 2009
Disappearing U.S. Manufacturing?
It's common knowledge that manufacturing in the United States has been in decline for decades, right? The nearby chart should put the kibosh on that urban myth.
What's really been going on all these many years is that thanks to technological advances, we need less and less labor every year to produce real stuff. That's a good thing. It isn't jobs we want or need; it's real output. We could generate millions of new jobs tomorrow by outlawing the use of tractors in farming. Do you think that would be a good idea? Me neither.
BHO's rhetoric about "creating or saving jobs" and keeping jobs here at home through further distortions in the tax code just doesn't ring true. The "change" we really need is to move beyond the "jobs" rhetoric, no matter how much it appeals to obsolete labor in Detroit.
People hoeing the corn became obsolete during the 20th century. And its a good thing they did. It's time to move beyond the populist rhetoric and recognize that the world moves on. I'm glad I don't have to be out in the field hoeing the corn to stay alive; how about you?