Manufacturing shrinks, raising questions for Trump
The manufacturing sector shrunk by 1.9 percent in the first quarter of the year, and another 1.2 percent in the second quarter. In July, it is estimated that it contracted 0.4 percent. A recession occurs when an economy contracts in two...
general motors closing ohio plant
GM's plants in Baltimore and Warren, Michigan, are also scheduled to close this year, and the company's last plant in Detroit will close in January 2020. A plant in Canada is also expected to close. In total, the company will reduce its salaried workforce by 15...
Manufacturers want their products destroyed after selling them, so that they can sell the next one. Isn't this perverted? How about extending the idea of leasing, to route back cash to the manufacturers from the life of the products instead of just the sale?
Why can't we allow manufacturers...
Time an time again, I encounter folks who assert that manufacturing jobs being "shipped" abroad is bad for the U.S., at least to the extent that the manufacturers are American companies. I would rather that American manufacturers produce their goods domestically, but I don't really have a...