Making America 1953 Again

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Since 1900, the portion of the U.S. workforce in agriculture has declined from 41 percent to less than 2 percent. Output per remaining farmer and per acre has soared since millions of agricultural workers made the modernization trek from farms to more productive employment in city factories. Was this trek regrettable?

According to a Ball State University study, of the 5.6 million manufacturing jobs lost between 2000 and 2010, trade accounted for 13 percent of job losses and productivity improvements accounted for more than 85 percent: “Had we kept 2000-levels of productivity and applied them to 2010-levels of production, we would have required 20.9 million manufacturing workers [in 2010]. Instead, we employed only 12.1 million.” Is this regrettable? China, too, is shedding manufacturing jobs because of productivity improvements.

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Levinson notes that Ronald Reagan imposed “voluntary restraints” on Japanese automobile exports, thereby creating 44,100 U.S. jobs. But the cost to consumers was $8.5 billion in higher prices, or $193,000 per job created, six times the average annual pay of a U.S. autoworker. And there were job losses in sectors of the economy into which the $8.5 billion of consumer spending could not flow. The Japanese responded by sending higher-end cars, from which they made higher profits, which they used to build North American assembly plants and to develop more expensive and profitable cars to compete with those of U.S. manufacturers.

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LINK

George Cucking Will....Wapo fake news yada yada yada.

I've been trying to work out my own thoughts on globalism and its net impact on America and the world, but the these examples and statistics are pretty hard to argue against. Are they just globalist lies or is it impossible to artificially bring back something that has largely been decimated by productivity increases?

Anyone want to try and level a good argument against Mr. Will's? I am not equipped to do it.

As for that last quote. To a certain extent I wouldn't mind higher prices if it put a dent in our insanely wasteful consumerist sickness. Ohh, no...I can't afford to get a new smartphone every year. What ever will I do?