Netflix documentary 'American Factory'

[JerryBaumchen 1,470]

 

Hi folks,

“And if some manufacturing jobs do come back, they’re going to look nothing like they used to. Americans will have to accept a new reality to stay competitive in the global marketplace—one that they might not like, and one that Trump doesn’t acknowledge.”

This looks like it will be an interesting film.

I have long felt that those ‘middle american’ jobs will never come back.  Sure, some will, but never in the numbers needed to re-create the American Middle Class in the numbers req’d to do so.

https://www.politico.com/magazine/story/2019/08/20/obama-trump-2020-227627

Jerry Baumchen

 

[DJL 235]

1 hour ago, JerryBaumchen said:

I have long felt that those ‘middle american’ jobs will never come back.  Sure, some will, but never in the numbers needed to re-create the American Middle Class in the numbers req’d to do so.

It takes way too long for industry to ramp up and become permanent.  Nothing less than a world war has that kind of power to reshuffle the deck in under 50 years.

This is why it's so important for us to get on top of emerging markets and industries.  You can never get back what you've lost, you can only grow what is new.

Edited August 20, 2019 by DJL

[billvon 3,121]

23 minutes ago, DJL said:

This is why it's so important for us to get on top of emerging markets and industries.  You can never get back what you've lost, you can only grow what is new.

Agreed.  We will never be back on top of the steel industry.  But the solar industry?  EV's?  Space launch?  Semiconductor fab equipment?  We are at the top of those, or close to the top.  We can make those industries market leaders.

[DJL 235]

3 minutes ago, billvon said:

Space launch? 

Which is why it's also important to have a strong Space Force.