Friday, November 25, 2016

Krugman: Manufacturing Jobs Are Not Coming Back

Seems plausible to me.
However:
I don't see how "There are plenty of jobs in the service sector" is anything like a serious alternative.
"Sorry, gentlemen, we won't be making any more cars...but you can just get a job holding jeans for people at The Gap..." Yeah...that's...not really gonna fly. Even ignoring pay, dudes especially just do not want those jobs. I'm not saying we always get the kind of job we want...but there are limits.

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