In a message dated 11/28/03 10:24:09 PM Pacific Standard Time, [EMAIL PROTECTED] writes:
By John M. Berry
Washington Post Staff Writer
Saturday, November 29, 2003; Page E01
Nearly a quarter of a century ago, when the number of manufacturing jobs
in the United States peaked at just shy of 20
Eubulides wrote:
In the past two decades, manufacturing productivity grew at double the
ace of overall productivity growth. . . . This increase in productivity
has enabled the economy to grow faster without inflation and has been
passed through to workers in the form of higher
The efficiency of producing in the U.S. as a result of the nation's
obstacles to free trade
Seth Sandronsky
Some Lost Jobs May Never Come Back
Improved Productivity Allowed Manufacturers to Reduce Payrolls Permanently
By John M. Berry
Washington Post Staff Writer
Saturday, November 29, 2003;
--- Eubulides [EMAIL PROTECTED] wrote:
Some Lost Jobs May Never Come Back
Improved Productivity Allowed Manufacturers to
Reduce Payrolls Permanently
By John M. Berry
Washington Post Staff Writer
Saturday, November 29, 2003; Page E01
snip to here:
In the past five years alone, GM has cut
I like the part about passing the benefits of improved technology on to
wage earners.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
Some Lost Jobs May Never Come Back
Improved Productivity Allowed Manufacturers to Reduce Payrolls Permanently
By John M. Berry
Washington Post Staff Writer
Saturday, November 29, 2003; Page E01
Nearly a quarter of a century ago, when the number of manufacturing jobs
in the United States peaked
A point and some questions about the issue of US manufacturing:
Since productivity gains in manufacturing are greater than in most other
sectors, the relative dollar value of manufacturing output and its share of
GDP inevitably decline. To get a more balanced picture of the status
I had referred to ... the United States, now the only military
superpower, still a manufacturing and financial powerhouse ...
Dennis R Redmond writes that: US manufacturing is pretty weak compared to
Central Europe and Japan, both as a percentage of GDP and in terms of its
product mix ...
Yes
James Devine wrote:
Yes, but the US is still a "powerhouse" compared to most of the world.
Speaking of which, more Fed leaks... Greenspan Co. are reportedly very
worried about the Asian crisis and are convinced that the U.S. economy is
the only thing keeping the world economy from going down a
Doug Henwood wrote,
Greenspan Co. are reportedly very
worried about the Asian crisis and are convinced that the U.S. economy is
the only thing keeping the world economy from going down a rathole.
Aside, sotto voce: "Having, of course, first bred the rats who dug the hole
down which the U.S.
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