[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / r / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip / qa] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance


Thread archived.
You cannot reply anymore.


[Advertise on 4chan]


File: factory.jpg (44 KB, 612x408)
44 KB
44 KB JPG
>The modern factory worker (in most industries)
>more of a technician, supervises and assists machines with their automated work, fixes things, keeps track of things
>can produce tons of product at scale
>this is only going to continue to become more specialized, trained, highly efficient and well paid as time goes on and tech advances

It absolutely can be a well paid job for many Americans and other westerners and should be onshored, without spiking costs that much. Plus, if manufacturing was more domestic, more attention to R&D/innovation would be paid to it advancing its efficiency more with time.

Sweatshop industries can stay in Asia. Everything else needs to come back home and in house.
>>
File: jobs by county.png (486 KB, 891x928)
486 KB
486 KB PNG
They also lied by saying it was all dusty slave jobs from decades ago, most of the jobs left during the 90's, and left middle America broken and full of druggies and vagrants
>>
>>59994381
You're preaching to the choir, fren.
>>
>>59994381
>build an advanced factory in indiana with highly specialized jobs that requires a degree and technical training for it to be done reliably and profitably
>local labor pool is mostly just meth heads and fent folders who didn't even finish highschool

you are delusional if you think they're not just gonna import indians from abroad and use them to suppress wages for the rest of us here, assuming those factories are even built within the next 5 years
>>
>>59994431

We have a legion of college educated kids with mountains of debt now sitting around doing nothing with it. It isn't just meth heads anymore, the bulk of America 90-115 IQ is extremely underemployed.

Fun fact: Due to the nature of IQ distributions, despite being 1/4th of India's population, there are still more people with an IQ over 115 in America.
>>
>>59994445
those college students will demand 6 figure salaries from the start (with no technical experience) whereas the indians will work for far less than that, you're not gonna beat them unless you're willing to devalue your wages in exchange for still shitty working conditions. and with the cost of living going up so much due to all the tariffs it's doubtful that most of those students would be able to take those jobs without living in essentially sweatshop conditions like in china (assuming they can even service their debts at that point). thats why the great elon musk wants to import so many indians, easier and cheaper for them
>>
>>59994381
You are of course right.

The problem is that production employs far fewer people than it used to. So reshoring will not solve the employment problem and will lead to far far greater inequality.

If you look at the stats US production in the amounts produced has not changed significantly. It just makes up a smaller share of GDP because it gets automated, it gets cheaper and it employs less people.

The general malaise comes not from the loss of production but the loss of jobs or in other words how the gains from increased productivity get allocated in society. Right now all of it has gone to the 0,1%

This has created consolidation and huge monopolies and oligopolies in most sectors perhaps most visible in the tech sector.

The proposed policy mix of tariffs and tax cuts for the megarich will not help and will deepen the problem. But I am optimistic in the sense that Americans will go 'well that didn't work now what' and will be forced to come up with some better policies.
>>
>>59994492

That is a lie. We are the most educated country in the world in terms of higher ed. If you offered factory/tech jobs for $40-80k starting contingent on a 1-2 year tech school training you'd have people lining up. As it stands they rack up $100k in debt to go push paper around for $50k a year or even worse barista.

These are all deliberate lies. Americans can do it all and our economy would figure it out. As I mentioned, thanks to automation and scale, we don't need dumb warm bodies anymore, we need fewer, better trained people.
>>
>>59994513
>If you offered factory/tech jobs for $40-80k starting contingent on a 1-2 year tech school training you'd have people lining up.
i worked in a factory for a bit. my dad has worked in one for the last 40 years as a maintenance mechanic. you make it sound like it's a golden opportunity. the reality is that these jobs already exist as industrial maintenance/electrician jobs. they pay a livable wage but you're working rotating shifts for 5-10 years until you have enough seniority to get a straight days job. and if you're good at your job you're getting called into work at 3 AM on your day off because the line went down again.
>>
>>59994636

So what? The superior alternative is retail, fast food, or welfare? Lol. I never said it was the best job possible, just much better options for people on the lower end of the bell curve. We can't be some kind of perverse neo feudalist society of bankers and tech elites at the top and then 90% of the rest of society wailing about in welfare. Manufacturing built the city I live in and half my family worked at the plant that did it, they want the work back.
>>
>>59994648
>So what? The superior alternative is retail, fast food, or welfare?
it's working in an office on 9-5 m-f day shift.

protecting office jobs by killing h1b and taxing outsourcing and AI is a lot easier than moving a physical factory back to the US.
>>
>>59994445
Unemployment is at record lows you fucktard.
>>
>>59994673

They aren't doing that either. You have to have some kind of economy lol. I'm for doing both: corporate outsourcing quotas, some level of domestic trade protectionism to foster local industry.

>>59994722

Uh huh, sure.
>>
>unemployment is at record lows!!!!
....
>As of the most recent data available, approximately one in three Americans, or about 33%, were enrolled in at least one government assistance program in 2022. This figure comes from sources indicating that around 100 million Americans received some form of government assistance, with programs like Medicaid, Medicare, Social Security, and SNAP (Supplemental Nutrition Assistance Program) being among the largest by enrollment. For instance, nearly one in four Americans (about 24%) received Medicaid, while Medicare and Social Security each covered around one in five (about 20%). SNAP provided benefits to 11.7% of the population in 2022.
>>
>>59994381
>gibs me my welfare job
Hey why don't we just have the government give everyone retarded make-work jobs? If they're well-paid it'll make society richer right? No? Then neither will tariffs you retarded welfare queen
>>
>>59994739
That has nothing to do with unemployment. It just means a bunch of people have very low paying jobs. Unemployment is at 4% with long term unemployment at 0.85%.
>>
>>59994757

It isn't a "gift", it's their duty. We literally elect and fund our government, which is supposed to serve us, the people. You know what they did do? Make it MUCH more costly to employ us due to a bevy of taxes/regulations hung over the heads of workers and businesses. You know what they didn't do? Offset that artificial cost with international protections. And then guess what? Foreign slavers states were free to maraud our economy and strip all that work away due to the artificial anti competitiveness of our domestic regulatory scene. Spare me your "welfare job" bullshit until our local workers get to see the same heavy deregulation their foreign competitors do.
>>
File: 1740755386113238.png (231 KB, 1024x682)
231 KB
231 KB PNG
>>59994790

Last year, when every 3rd person I knew was laid off, and almost no college grads I knew could find work, and they were still insisting "unemployment is at record lows!!", I stopped listening permanently. I don't know how they doctor it, but they do. Somehow, no matter how shit the hiring economy becomes, we are "never in recession" and "always low unemployment." They tried to say unemployment peaked at 7% during COVID.... that is fucking insane. 30% of society was without a job, minimum.
>>
>>59994794
So you want local workers to also have third world salaries and working conditions? Why would they accept that?
>>
>>59994805
So do you have any data to back that up aside from your anecdotes? Or is it all just vibes because your friends couldn't get a 100k job straight out of college and had to settle for something out of their specialisation?



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.