On November 19, 2012, Neil Irwin posts on Erza Klein’s Wonkblog in The Washington Post:
A new study from the McKinsey Global Institute published Monday morning adds some welcome clarity. In 184 pages, the in-house think tank of the global consulting giant presents a picture of manufacturing as among the most dynamic sectors of the U.S. and global economies, driving higher productivity and standards of living. But it also shows that what we usually think of as a traditional manufacturing job isn’t coming back.
Gee-whiz, I wonder why? Could be that the tectonic shifts in the technologies of manufacturing and production are destroying jobs? That full employment is not an objective of businesses? That companies strive to keep labor input and other costs at a minimum? That private sector job creation in numbers that match the pool of people willing and able to work is constantly being eroded by physical productive capital’s ever increasing role?For solutions support the Capital Homestead Act at http://www.cesj.org/homestead/index.htm andhttp://www.cesj.org/homestead/summary-cha.htm
Sign the Petition at http://signon.org/sign/reform-the-federal-reserve….
Sign the WhiteHouse.gov petition at https://petitions.whitehouse.gov/petition/reform-federal-reserve/PhY3Jswk
