Manufacturing sector slows in July

DepenRAB on where you live I guess. I saw manufacturing jobs vanish in middle GA in which a large nuraber of communities suffered and have far greater unemployment and poor as a result. Some new manufacturing came but not to the point where it was an even "wash". Simply telling these people to "get a high school diploma" won't do crap if there are literally no jobs there. I would hazard a guess that the majority do anyway.

Granted, they could move where there are jobs...
 
Exactly. You are taking a very very regional thing and projecting it to a more macro level which doesn't always work out too well. Towns grow and die and job markets shift and change. Just because we have smaller towns now in some parts because the flash bulb factory went out of business (the town where I went to high school) doesn't mean that our ability to expand beyond flashcubes as a society was a bad thing. Nor does the fact that we have ghost towns along old highways mean that our interstate highway system was a bad thing.

There are certainly winners and losers in these types of situations, the idea is that under this scenerio there are more winners than losers (unlike what you tend to get when you engage in protectionism).
 
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