Yesterday , I did a simple tough calculation about Common Motors to try to get at how a lot manufacturing job loss one might attribute to international competitors versus automation and productivity increases. Varied commenters objected that my assumptions had been too simplistic, significantly in neglecting the home content in foreign autos and the importance of shifts in the supply chain over time.
A buyer enquiry about rewires, and vehicle electrics led to a chat with Neil, who wanted the piece of thoughts that a leisure battery and auxiliary wiring system could provide for household camping journeys in his 2 litre, 1978 Baywindow Westy (IE- the family might run all the things all weekend and still drive off at the finish of the holiday). A complete new system was fitted with extra 12 volt sockets, a seperate simply accessible fusebox and area for additions as and when required.
You possibly can see the rise in imports from a lot lower than 1% within the 1960s to about 2% of US GDP in the mid 2000s (till the good recession hit). The other interesting factor is that consumption of autos (as a fraction of the financial system) began a critical decline within the early 2000s. That is going to complicate the evaluation which I'll take up again in the subsequent submit.
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