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rbowman rbowman is offline
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Default Bloomberg opinion paints a grim future for America

On 08/09/2020 01:35 PM, dpb wrote:
So, virtually all new manufacturing went to those locations leaving the
historical areas holding the bag in being unable to attract anybody to
replace the past.


The union figured GE Schenectady was too big to leave. It didn't help
when the large steam turbine business collapsed along with the nuke
industry but there isn't much left.

Cluett & Peabody (Arrow shirts) is all Asian now, but they exported most
of the manufacturing operation, first to Sheboygan and then to Atlanta.

I watched the backbone of New York and New England move south and then
to Mexico or Asia. The Connecticut valley was the heart of the US
machine tool business; now the most important products are meth and
fentanyl.

Like Springsteen sang in 'Youngstown' 'Them big boys did what Hitler
couldn't do.'