Yellen: American Manufacturing Is a ‘Pipe Dream,’ May Not Be a ‘Desirable Goal’

[Marener]

"Republicans are anti-worker."

Current events shows that to be a lie.

Ask them how they feel about unions.

 

[Marener]

Obama said something similar when Trump was in his first term.

All these establishment pukes are cheering for the collapse of America.

Personally I think they're being either paid or blackmailed into saying this stupidity.

The US is the second biggest manufacturer in the world.

 

[initforme]

Employers will have to deal with their plants being unionized and paying much much higher wages than overseas. That's going to be the bottom line. People will have to adjust to paying much more for a product made here.

 

[Coyote]

Employers will have to deal with their plants being unionized and paying much much higher wages than overseas. That's going to be the bottom line. People will have to adjust to paying much more for a product made here.

They won’t. We are a culture built on and defined by consumerism, particularly cheap, plentiful, disposable consumerism. People are still complaining about the price of eggs.

 

[MayorQuimby]

They won’t. We are a culture built on and defined by consumerism, particularly cheap, plentiful, disposable consumerism. People are still complaining about the price of eggs.

I believe that having things made in US again is good for the overall economy and it also gives Americans jobs. If it means prices will be higher, no problem. Americans just need to demand their employers pay higher wages, which means that the ultra-wealthy will have to pony up. So, workers get jobs, Americans get higher salaries, and the only ones who lose are the giga-billionaires. Why does this sound wonderful to me?

 

[westwall]

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

Janet Yellen: American Manufacturing Is a 'Pipe Dream,' May Not Be a 'Desirable Goal'

Former U.S. Treasury Secretary Janet Yellen blasted President Donald Trump, saying the return of American manufacturing is a "pipe dream."

www.breitbart.com

These Democrats do not want the American working class to recover EVER. They want everyone on the Democrat welfare state plantation.

Correct.

 

[westwall]

Manufacturing began moving out 50 years ago.
Our economy adjusted. We now have 4 percent unemployment.

Americans are not going to leave their current jobs to work on an assembly line.

Kids don’t graduate hoping to work on an assembly line

Yeah, shit paying service sector jobs.

 

[excalibur]

Welp.

 

[excalibur]

Yeah, shit paying service sector jobs.

Another gender studies degree! Pulling shots at a coffee bar.

 

[westwall]

Making toys, toasters, ear buds are national security?

If Trump wants to protect items needed for national security……place tariffs on those items

Typewriter manufacturers made 1911A1 pistols, and machineguns during WWII.

Tin toy makers made shovels.

Automakers made airplanes.

Color me unsurprised you're so historically illiterate you don't know those facts.

 

[Coyote]

I believe that having things made in US again is good for the overall economy and it also gives Americans jobs. If it means prices will be higher, no problem. Americans just need to demand their employers pay higher wages, which means that the ultra-wealthy will have to pony up. So, workers get jobs, Americans get higher salaries, and the only ones who lose are the giga-billionaires. Why does this sound wonderful to me?

I think there is a tendency to look back at a golden age of traditional manufacturing and expect it to come back just like it was…but the world has moved on.

A lot of job loss was due to automation, those jobs won’t come back. Americans need strong unions to demand higher pay and Republicans are ant-union. In addition, pensions and company sponsored health insurance are a thing of the past.

Let’s be realistic here…gigabillionaires never lose.

I do think some manufacturing should to be done here, and that would be in the high tech area. I think it’s feasible to offer incentives (rather than bludgeons) to shift it back here.

 

[westwall]

I think there is a tendency to look back at a golden age of traditional manufacturing and expect it to come back just like it was…but the world has moved on.

A lot of job loss was due to automation, those jobs won’t come back. Americans need strong unions to demand higher pay and Republicans are ant-union. In addition, pensions and company sponsored health insurance are a thing of the past.

Let’s be realistic here…gigabillionaires never lose.

I do think some manufacturing should to be done here, and that would be in the high tech area. I think it’s feasible to offer incentives (rather than bludgeons) to shift it back here.

Bullshit. Automation works for very specific tasks. You people have no clue how manufacturing works.

 

[MayorQuimby]

I think there is a tendency to look back at a golden age of traditional manufacturing and expect it to come back just like it was…but the world has moved on.

I said manufacturing, I didn't say traditional manufacturing. Maybe you should stop manufacturing (no pun intended) an argument and attribute it to me.

A lot of job loss was due to automation, those jobs won’t come back.

I did not mention automation, not sure why you felt the need to bring it up. It doesn't matter how big of job loss automation causes, bringing manufacturing back from overseas will ALWAYS create more jobs for Americans, than leaving it abroad. Do you agree or disagree?

Americans need strong unions to demand higher pay and Republicans are ant-union. In addition, pensions and company sponsored health insurance are a thing of the past.

Unions aren't the only way to protect workers. Where there is a will, there is a way. If we really want to protect American workers and to keep manufacturing at home, we can make such demands on our lawmakers.

Let’s be realistic here…gigabillionaires never lose.

They never lose because we have people with defeatist attitudes like you among us.

I do think some manufacturing should to be done here, and that would be in the high tech area. I think it’s feasible to offer incentives (rather than bludgeons) to shift it back here.

Offering incentives could definitely work. But I have other things in mind. Maybe we can compel companies to keep their businesses at home. I do this with a clear conscience because I believe the fate of the nation, and the future of Americans, are more important than the freedom/autonomy of private businesses.

 

[rightwinger]

Ask them how they feel about unions.

Ask how they feel about OSHA

 

[Hellokitty]

Manufacturing began moving out 50 years ago.
Our economy adjusted. We now have 4 percent unemployment.

Americans are not going to leave their current jobs to work on an assembly line.

Kids don’t graduate hoping to work on an assembly line

Nothing wrong with working on an assembly line. And manufacturing employees a lot skilled high paying jobs.

 

[my2¢]

I don't see how bringing back manufacturing to America isn't a worthy goal. Now faith in Trump's agenda in attaining that goal is a whole other matter.

 

[MayorQuimby]

I don't see how bringing back manufacturing to America isn't a worthy goal. Now faith in Trump's agenda in attaining that goal is a whole other matter.

Trump makes a lot of noise but doesn't do a whole lot. He puts on a good show though so that people will think he cares about America (hint: he doesn't)

 

[kyzr]

Trump makes a lot of noise but doesn't do a whole lot. He puts on a good show though so that people will think he cares about America (hint: he doesn't)

If that is true the mid-terms will be a wipe-out. Trump knows that the clock is ticking. The best thing he has going for him is that we know democrats have no clue how to run anything, especially government.
Yellen screwed up by financing the Debt short term when rates were low, duh.

 

[sparky]

Welp.

Manufacturing is Roaring Back Under President Donald J. Trump

“In one month under President Trump, the American economy is soaring back to greatness after the economic calamity left by Joe Biden. The

www.whitehouse.gov

America is back under President Trump — and he’s just getting started

~S~

 

[kyzr]

I don't see how bringing back manufacturing to America isn't a worthy goal. Now faith in Trump's agenda in attaining that goal is a whole other matter.

As opposed to open borders and giving millions of migrants free food and free housing?