On 5/16/2013 4:43 PM, CyberDroog wrote:
On Wed, 15 May 2013 15:38:41 -0700 (PDT), Jack Pine
wrote:

On May 14, 6:22 pm, CyberDroog wrote:

There more to it than "American craftsmanship" disappearing also. The
fact is that the crafts have merely changed.

Yes, American labor today would be barely recognizable by, say, a
steelworker transported from 1955.

Talk to JFK - he's the one who gave America's steel industry to Germany.


The US steel industry resisted modernization, preferring instead, to
move all profit into the pockets of the owner class instead of
reinvesting. Once the modernized plants in Europe and Asia came on line
(post war rebuilding!11!!), US companies couldn't compete and Wall
Street moved the money to where positive cash flow was highest. JFK had
damn little to do with it, dumnass.

--
Dinsdale