AAM's job loss chart continues to make the rounds
Posted by scapozzola on 03/30/2011
The Alliance for American Manufacturing (AAM) recently posted a chart showing how lost manufacturing jobs mean lost revenue for the U.S. economy.
Politicus USA has run with that chart, posting an excellent piece by Ray Madeiros that focuses on the harm caused by the "outsourcing of American manufacturing" which has "put a damper on our state budgets":
Every time a factory closes, it reduces revenue going to the state, and ultimately causes deficits. In the last ten years 2001-2011 the United States has lost 58,000 factories.
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