nodeamass Wrote:
Oct 06, 2012 4:15 AM
57% is a terrible result when the US led the world in manufacturing (with a very strong unionized workforce, by the way) in just over 50 years. But, over the last twenty years, the decline has accelerated. Worker wages for cars are but a fraction of previous pre China days so the manufacturing jobs of today pay only a small fraction of the same jobs 40 yrs ago. This is a very bad trend which is only going to worsen over time.