A new report finds that wages of manufacturing workers have fallen 4.4% in the past decade—"almost three times faster than for workers as a whole." But hey, Detroit still has that art museum. Silver linings.
America sent its manufacturing to China, but the pollution is "coming back to haunt us," according to a new study. The jobs and economic growth remain on the other side of the Pacific. This seems like a pretty bad deal, overall.
Countless manufacturing industries have died slow and painful deaths in America. The auto industry dried up. The clothing industries moved to Bangladesh. Yet we—the strong and the proud—can hold our heads up high and say to the world, "Excuse me, I'm on the toilet."
The collapse of a garment factory in Bangladesh last April— which killed more than 1,000 people— sparked a slew of promises from major retailers to reform their sourcing standards and increase safety. But as it stands today, that doesn't seem to be anywhere near happening.