Comments by "Meh Pluribus Unum" (@pluribus_unum) on "Senate Democrats pass climate, tax and health care bill" video.
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@billcrowley3rd - Clinton rode the decisions corporate America made after being unleashed by Reagan to put profit before patriotism.
As usual, you blame the Democrats for inheriting the mess Republicans created.
If you were honest, you would lay the blame where it lies, with Reagan for the double-dip recession that caused the situation that led to the loss of American industrial and manufacturing capacity, and then you can also blame Clinton for being unable to undo it because it's nigh irreversible.
"...[in] the Reagan era. ...Japanese manufacturers had developed a superior management style to their American rivals and, frankly, started eating our lunch."
"Instead of keeping a wall between management and workers, Japanese manufacturers adopted “organizational integration,” which put technical specialists and shop-floor workers together. The result was better products made faster in Japan, and jobs lost permanently in the United States."
"The adverse impact of Japanese competition on US employment became particularly harsh in the double-dip recession of 1980-1982 when large numbers of good blue-collar jobs disappeared from US industry, as it turned out permanently (Bednarzik 1983)."
"Previously, in a more stable competitive environment, US manufacturing companies would lay off workers with the least seniority in a downturn and re-employ them when economic conditions improved. Now companies were much more likely to shutter whole plants (Harris 1984; Hamermesh 1989)."
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Source: The White House is only telling you half of the sad story of what happened to American jobs by Linette Lopez for Business Insider, July 25th, 2017
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