Bank Robbers and Structural Unemployment

The number of bank robberies is plunging. Maybe it’s outsourcing…just like manufacturing? During 2011, the number of bank robberies declined to a 9-year trough of close to 5000. The reason, according to one analyst, is technology. As we spend more…

Steve Jobs and Manufacturing Jobs

A friend recently said to me, “The U.S. just doesn’t make anything anymore.” But we do. It’s just harder to see it. To observe contemporary U.S. manufacturing, you could go to Greenville, South Carolina. At an auto parts factory making…