Last week saw Tom Carper, the newly-elected Democratic Senator from Delaware, subject Fed Chairman Ben Bernanke to a long-winded monologue on the state of the Delaware auto worker.
Among Carper's more ill-informed contentions were that the US needs to retain more manufacturing jobs, and especially more auto manufacturing jobs. He babbled on ad nauseum, "carping" about how well his Delaware auto workers work, and what high quality vehicles they produce. Then he began the sob story about Daimler planning to idle or close those plants in his state.
It's a shame when elected officials like Senators, who can really affect the economy, have absolutely no economic sense whatsoever.
Does anyone really believe that we need or want more semi-skilled auto assembly work, rather than knowledge-oriented jobs? If Carper really wants Delaware's residents to have higher incomes, how about accepting the decline of auto production in this country, and shifting his constituents, now, to higher-paying jobs in growth industries. Maybe even trying to attract said industries?
What a concept.
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