Increasing infrastructures matters.

Discussion in 'Economy' started by Supposn, Feb 5, 2018.

  1. Supposn
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    Supposn VIP Member

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    Excerpted from:

    https://www.epi.org/publication/unfulfilled-promises-amazon-warehouses-do-not-generate-broad-based-employment-growth/?utm_source=Economic+Policy+Institute&utm_campaign=b001b0ff9a-EMAIL_CAMPAIGN_2018_02_02&utm_medium=email&utm_term=0_e7c5826c50-b001b0ff9a-59318105&mc_cid=b001b0ff9a&mc_eid=b475058bdf

    Unfulfilled promises
    Amazon fulfillment centers do not generate broad-based employment growth

    Report by Janelle Jones and Ben Zipperer, February 1, 2018.

    What this report finds: When Amazon opens a new fulfillment center, the host county gains roughly 30 percent more warehousing and storage jobs but no new net jobs overall, as the jobs created in warehousing and storage are likely offset by job losses in other industries.
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    Increasing infrastructures and other production supporting capabilities certainly do matter; Amazon does net contribute to USA's economy.

    I don't doubt establishing an improved more efficient facility such as an Amazon fulfillment center does net increase the local gross production and numbers of jobs (although it may possibly displace some previously existing local facilities and jobs); if the facility is new to USA, (rather than being the relocation from another USA location), it will also much more likely be of greater (than local) net increase to USA's aggregate gross domestic product, (GDP) and numbers of jobs. That's because production supporting goods and services are more likely derived from or due to entities within the nations of the producers they support.

    This is why a nation's annual trade deficits are always (more than otherwise) detrimental to their nations' GDP and numbers of jobs; (otherwise being if the nation had not experienced an annual trade deficit).

    Refer to Wikipedia's article entitled “Import Certificates”.

    Respectfully, Supposn



    trade deficits, GDP, jobs, infrastructure, relocation
     

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