On Wednesday, March 9, 2016 at 1:50:33 PM UTC-5, Don Y wrote:
On 3/9/2016 6:32 AM, Dean Hoffman wrote:

This is from the Carpe Diem site written by Mark J.
Perry. Manufacturing workers can now buy 11 appliances
with 152 hours of labor what used to cost them 886 hours
of labor back in 1959.

No doubt because the labor costs involved in MAKING them have
moved to "cheaper markets"?


That's a factor in some cases, sure. But the larger driving force
is that far less labor is needed today because of automation.