Due to the loose labour laws, weak unions and low low wages in Germany and the UK plenty of jobs went from the US to those countries. Especially Britain is known for having taken many jobs in the manufacturing sector.
Due to the loose labour laws, weak unions and low low wages in Germany and the UK plenty of jobs went from the US to those countries.
You kid. Yet, fwiw, those jobs didn’t go to the US either, “despite” weak unions, low taxes and prevalent right-to-work BS. Wages in manufacturing are still high compared to Chinese wages. And in addition, China suddenly has a supply-chain advantage in a lot of niches because everyone went there.
China would be a valid target but he put Germany and UK first.
Also manufacturing coming back from China won’t be real jobs but highly automated factories with even less jobs than what China would loose.
The entire premise of “bringing back old jobs” be it from China or Europe might be what populist supporters want to hear but it is not what would solve their issues. The world needs new jobs.
Or - you know - we could just work less for the same standard of living and could all benefit from automation
Due to the loose labour laws, weak unions and low low wages in Germany and the UK plenty of jobs went from the US to those countries. Especially Britain is known for having taken many jobs in the manufacturing sector.
You may want to add a /s.
Yeah, I can see that now
Germany has loose labor laws in comparison to the US? 😄 You should read up on that
Also, I’m pretty sure Germany has pretty strong unions. Hell, even the UK unions are probably 10x better than American ones.
You kid. Yet, fwiw, those jobs didn’t go to the US either, “despite” weak unions, low taxes and prevalent right-to-work BS. Wages in manufacturing are still high compared to Chinese wages. And in addition, China suddenly has a supply-chain advantage in a lot of niches because everyone went there.
China would be a valid target but he put Germany and UK first.
Also manufacturing coming back from China won’t be real jobs but highly automated factories with even less jobs than what China would loose.
The entire premise of “bringing back old jobs” be it from China or Europe might be what populist supporters want to hear but it is not what would solve their issues. The world needs new jobs.
Or - you know - we could just work less for the same standard of living and could all benefit from automation
Which ones ?