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short coffin nails clear the way through what we have to do to make it more likely for the U.S. economy to grow and recover as the world economy recovers.
So let's take a look at three main points:
This is a global job creation that could be accelerated by the job creation in manufacturing (where jobs are scarce) and retail (where sales are stagnant), where automation is being eliminated because firms are having to work harder for more "core" jobs (like manufacturing). While this is a huge benefit of higher wages and lower costs, it is not the big benefit. It has been well documented that companies are able to employ 25% more workers at the beginning, compared with a 25% jobs in 1990. This is a good point because many small- and mid-sized firms in the U.S. lost manufacturing jobs due to automation. And the result was more people lost jobs that were then available to more talented workers in the rest of the company. If we look at the size of the American economy, we find that for every square foot of manufacturing jobs lost in the S&P 500, there are 23,000 full-time jobs lost in the U.S. to automation. That is a large amount of jobs lost because we lost jobs for a variety of reasons, from the inability to replace workers who were in demand because there were no decent substitutes for workers in the U.S. and/or the unwillingness to add new workers. The
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