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A comment on U.S. stock market returns – a history from the 1870s to 2022. Parent comment

Re:U.S. stock market returns – a history from the 1870s to 2022 by vl on Friday January 06, 2023 @01:14PM (#34278593)
>We could see a return of manufacturing to the US which leads to continued employment in US labor for while also meaning that labor force gets paid much less.

Interesting! Why is it happening? Shouldn’t labor earn more in this scenario?

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Re:U.S. stock market returns – a history from the 1870s to 2022 by bluGill on Friday January 06, 2023 @01:28PM (#34278779)
Depends. Manufacturing in the US implies high automation. For those who maintain the machines there is a lot of money, but there are far less jobs and in turn far less in total in labor.

Though I suspect there is more need for such labor than people who can do the job. Hard to say, but there are a lot of things we haven't automated yet.

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