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GE pays no income tax
"Kurt Ullman" wrote in message
m... In article , "h" wrote: "Bob Villa" wrote in message ... On Mar 29, 8:53 am, Country wrote: I'm afraid it's too late...everything IS made over there! Not true. My very small business makes everything here in the USA and about one quarter of our sales are to people overseas. Interesting article a couple of weeks ago on the Motley Fool. If you look at manufacturing, we are actually making MORE things in the US than ever before (even after adjusting for inflation). But we have become spectactularly efficient at it. We still have as much mfg as ever, just fewer jobs because of the efficiency. An example, in 1990 the average autoworker's "share" of total auto production was 7.15 vehicles/year. By 2010, each worker was producing 11.2 vehicles. Yes, because robots are replacing workers. Henry Ford would laugh because even he knew that to sell cars, workers had to earn enough money to buy them. Will these robot workers be buying cars, smartphones, extended warranties, life insurance, gasoline, food, etc? I doubt it. -- Bobby G. |
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