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Comment by fasterik

U.S. manufacturing output is almost at an all time high. At its peak in 2007, it was only 5% higher than today. The current trend is upward.

https://fred.stlouisfed.org/series/OUTMS

We did lose manufacturing jobs, but not because we "sold" them, it's because productivity has increased so much. This happens to all mature economies, where services and knowledge work become a larger percent of GDP as productivity, education, and living standards increase. It's a sign of progress that we have more people working in offices and fewer people working in hazardous conditions for low pay.

parent fasterik 22 days ago

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