TO AMERICANS WHO OPPOSED THE TPP FROM THE LEFT: The 11 other countries are moving forward, but scrapped labor and environmental protections the US got them to include. Once again, you compared reality to imagined perfection rather than probable alternatives.
-
-
87% of manufacturing job loss in the US over the last two decades has been due to automation, not trade. Some industries see jobs move due to trade, but it's better to help those people than sacrifice everything else in the hope of saving jobs that robots will do soon anyway.
-
Well said. The distinction between automation & trade is what people fail to understand.
-
Yes, let's ignore the $600-$700 billion annual manufacturing trade deficit, and blame the robots. Or ignore that we had the same number of manufacturing jobs in 1971 that we had in 2000 (17.2 million). automation shedding 4.8 million manufacturing jobs is a dangerous myth.
-
So what did shed 4.8m manufacturing jobs?
-
The trade deficit in manufactured goods, and then the collapse in demand following the 2001 and 2007-09 recessions.http://www.epi.org/publication/manufacturing-job-loss-trade-not-productivity-is-the-culprit/ …
-
Thanks!
End of conversation
New conversation -
-
-
Basically MFG GDP has been fairly constant, while employment has fallen. This is how we know it’s true.
-
Red line US manufacturing output. Blue line US manufacturing employment. We're making more stuff than ever. We're just doing it with robots.pic.twitter.com/367ygfWirB
End of conversation
New conversation -
-
-
Thanks. So overall, we probably would’ve been better off in the future economy.
-
For me, the geopolitical gains were the most important. Tie Pacific Rim economies to the US, exclude (and therefore contain) China. There'd be both good and bad econ effects. But the world will move on whether we're in or out, and US can't influence it if we're not a part of it.
- 1 more reply
New conversation -
-
-
If the Bears would have made me their head coach, they would have won at least a few Super Bowls. U can’t prove that wrong! I’m a genius!
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This. The jobs were likely going overseas anyway. The TPP basically hedged that job loss with preferential treatment for American companies wanting in to emerging Asian markets. Especially IP protection from China. Jobs lost made up with billions in taxable revenue.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.