The Road to War: The War For Manufacturing and Cold War 2.0

With TPP in the process of being ratified and the American presidential race well under way, focus has again returned to the war for manufacturing (and manufacturing jobs) and its future in America.  Boston Consulting Group released a remarkable survey a few weeks ago, which can be viewed here (pdf), here (slideshare) or here (scribd).  It's worth posting the executive summary here to see its significance:

Executive Summary

Key takeaways from BCG's fourth annual survey of U.S.-based manufacturing executives

1)  Interest in reshoring production to the U.S. remains strong, and the percentage of companies actively moving operations back to the U.S. continues to increase

The Robot Revolution: Japan Edition

Bloomberg has a story out showing Japan's efforts to spur the robot revolution in order to address its labor pool decline and attempt to reinvigorate economic growth:

http://www.bloomberg.com/news/articles/2015-09-13/in-japan-the-rise-of-the-machines-solves-labor-and-productivity

The rise of the machines in the workplace has U.S. and European experts predictingmassive unemployment and tumbling wages.

Not in Japan, where robots are welcomed by Prime Minister Shinzo Abe’s government as an elegant way to handle the country’s aging populace, shrinking workforce and public aversion to immigration.