Mary Andringa, president and CEO of Iowa manufacturer Vermeer Corporation and then-board chair at the National Association of Manufacturers recently said in an NBC interview.
"What’s really outstanding is the fact that in 2010, the U.S. had an output of $4.8 trillion of manufactured goods. That was up from $4.1 (trillion) in 2000 — and we’ve been through two recessions in the past decade.
Five million manufacturing jobs were lost in the U.S. in the last decade. But new jobs have been created too, and believe it or not, many manufacturers in the U.S. are looking for help.
As economist and George Mason University Professor Walter Williams pointed out in a 2011 column:
Here are some of the administrations policies that limit the economic growth in the economy.
The war on fossil fuels, which has limited job growth in energy-related industries and caused prices to be higher than they should be for everyone else.
Cronyism on steroids.
Trillion-dollar deficit spending.
New bureaucracies like Dodd-Frank’s Consumer Financial Bureau, which Congress can’t legally touch.
Unemployment and other government benefits which make remaining unemployed relatively attractive, or a least a more tolerable circumstance than it should be, and for a longer period of time than should be necessary.
Onerous labor laws and regulations.
Federal, state, and local tax increases.
Last but certainly not least, Obamacare
Until recently when we were overtaken by China the USA was the largest manufacturer in the world and we are still the most productive, exceeding #2 China by 40%.
Manufacturing is not dead in America, yet.
"What’s really outstanding is the fact that in 2010, the U.S. had an output of $4.8 trillion of manufactured goods. That was up from $4.1 (trillion) in 2000 — and we’ve been through two recessions in the past decade.
Five million manufacturing jobs were lost in the U.S. in the last decade. But new jobs have been created too, and believe it or not, many manufacturers in the U.S. are looking for help.
As economist and George Mason University Professor Walter Williams pointed out in a 2011 column:
(In) 1900 … about 41 percent of our labor force was employed in agriculture. By 2008, fewer than 3 percent of Americans were employed in agriculture. … [O]ur farmers are the world’s most productive. As a result, Americans are better off.With all due respect to Professor Williams above, he would be right about enough replacement jobs being created if we were living in a genuine free-market economy. Unfortunately, that’s not where we are in this nation. Virtually all of the reasons why sufficient job growth isn’t occurring can be traced to the Obama administration’s market-hostile economic policies and postures.
In 1970, the telecommunications industry employed 421,000 workers as switchboard operators, annually handling 9.8 billion long-distance calls. Today the telecommunications industry employs only 78,000 operators … (processing) more than 100 billion long-distance calls a year.
Fifty years ago, a typical textile worker operated five machines capable of running thread through a loom 100 times a minute. Today machines run six times as fast, and one worker can oversee 100 of them.
You say, “Williams, certain jobs are destroyed by technology.” You’re right, but many more are created.
Here are some of the administrations policies that limit the economic growth in the economy.
Until recently when we were overtaken by China the USA was the largest manufacturer in the world and we are still the most productive, exceeding #2 China by 40%.
Manufacturing is not dead in America, yet.
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