Remember though you mentioned that we are still feeling the effects of 2007 to 2009. So the economy is not a barn burner. It probably doesn’t need or have a use for stimulus. So the demand for our bonds represents an appreciation of slowing economies rather than a desire to stimulate growth.
“Yes, increased manufacturing will need to innovate and/or draw workers from lower paying jobs which will created demand for either replacement workers or innovations.
We will also need to increase LEGAL immigration of qualified immigrants as job openings increase. ”
We have a low unemployment rate. Contemporary factories are highly automated and don’t need a lot of immigrants. I just don’t see manufacturing as a major source of growth anymore. We’ll see, Trump is trying to pump up this dead horse. Are looking to make any big purchases in the near future?