🚀 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 
>
> 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.


>"Grinch" <oldnasty@mindspring.com> wrote:
>>
>> Once upon a time 75% of total employment in the US was in agriculture.
>> It's dropped to 2% today -- although farms produce vastly more today,
>> due to much higher productivity, of course.
>>
>> Look at the 73% unemployment in the US now!  Look at how US wealth now
>> is concentrated among those 2% of agricultural barrons -- how they get
>> all the money!

"Mark Martin" <mpmartin7@mindspring.com> wrote:
>
>Agricultural barrons????  You must mean Philip Morris.  I don't know of any
>filthy-rich dirt farmers.  Filthy farmers, dirt-poor farmers, but not
>filthy-rich dirt farmers.

Grinch:
>
>> Wouldn't life be better if agricultural productivity had remained low,
>> so we all of necessity still lived and worked on the farm, and none of
>> us had been forced into those 98% of other lousy jobs that make up a
>> modern economy?

Mark Martin:
>
>Gee, nobody forced me to go to college or take a job as a computer
>programmer.  I haven't seen any jobs at all for farm-hands.  Maybe I should
>take that job as a sysadmin for the local porno site.  Now THAT'S filth!
>
Hi,

From your reply I say you missed Grinch's point. We are the better for the 
drop in agricultural employment because of increased productivity.

So we also expect to be better off because of the drop in manufacturing 
employment due to increased productivity.


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