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Originally Posted by Why
as you just illustrated, manufacturing doesn't create a whole lot of jobs per million$ invested. so why give cuts to sectors that don't create a ton of jobs?
you have a million dollar machine that puts 2 people to work, yet someone could invest a million into a pizza parlor chain that gives 50+ people work.... one makes a lot more sense in achieving our current goals then the other.
they should give cuts to sectors that have the easiest path to job creation, manufacturing isn't one of those. if they want to help manufacturing, they should increase tariffs on imported goods, thus making it more cost effective to manufacture inside our own borders.
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Directly, manufacturing is going the way of automation. So the number of jobs created is less than it was 20 years ago per dollar invested. However,the jobs we do create are typically at the higher end of the wagescale. Indirectly, there are a lot of support industrys that prosper when manufacturing plants open. I just looked at our inventory spreadsheet. We currently purchase over 1200 items from a lot of companies.
edit: ps.in 2 weeks we have another welding robot arriving. Even though it is completely automated process, there will be 3 new hires to keep it fed with parts.
When the recession hit, manufacturing did not get a bailout. We were on our own..sink or swim.