🚀 go-pugleaf

>> VOR <vorcycles@worldnet.att.net> wrote:
>>
>> >The employment in the manufacturing sector of the U.S. economy is now
>> >approaching levels not seen in 40 years!!! Take a look at the chart
>> >analysis for the U.S. manufacturing employment, unemployment rate,
>> >capacity utilization, and housing starts at
>> >
>> >  http://www.mktcycles.com/econdata.htm

>"Jim Blair" <jeblair@facstaff.wisc.edu> wrote:
>>
>> Hi,
>>
>> So manufacturing employment is dropping but industrial production is
>> rising?  Note that productivity is also rising (and unemployment
>> dropping).
>>
>> It is taking ever fewer people to make ever more goods?  That is GOOD.

"Mark Martin" <mpmartin7@mindspring.com> wrote:

>.... "The factory of the future will have just two employees.  A
>man to watch the equipment, and a dog to keep the man from touching
>anything."
>
>So what happens when one guy and his dog make all the money, and the rest of
>us are unemployed?  Do we take turns watching to see if the dog died yet?
>
>
>--
>Mark Martin

Hi,

??? As ever fewer people have been able to make ever more (and better) 
goods because of higher productuvity, the fraction of the population 
employed has increased, and family incomes have increased to their highest 
levels ever.  

While Michael Coburn laments this as increased drugery, sensible people 
can see that living standards are higher than ever because of this, and 
few (other than Michael) would want a time machine to take them back to 
1950.

Would you?


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