Monday, June 22, 2015

The Sarcasm Report v.214

June 21, 2015
CNBC: Make in India: Lessons from China

A rapidly growing manufacturing sector is the only way India can create highly productive jobs for the 10 million-plus youngsters who join the country's labor force each year and the much larger number of farmers who need to move from working the soil to the working on the factory floor.

Looks like I am going to need to knock down a few walls and expand the McMansion. My kitchen barely has room for all the Made in China appliances! Now I'm told I must do my part to buy Made in India appliances too?

Not only that, but I am also feeling enormous pressure to eat at restaurants more often to keep our own American economy stumbling along. WTF am I going to do with all of this cookware!!

Thank the heavens that there is no global excess manufacturing and/or restaurant glut forming though! Well, assuming I do my part as a forward thinking responsible citizen of the world, of course. The key is consumption and I'm not obese yet! There is plenty of room for me to grow, and the global economy with me.

Oh, and just one more thing. The growing manufacturing sector in India better not be thinking about highly automated assembly lines or 10 million-plus youngsters are going to be terribly disappointed.

But what are the odds of that happening? Everyone knows that increasing manual labor at the expense of advanced technologies is the only way to stay competitive in the global marketplace. In fact, the more labor the better. Corporations don't care about the bottom line. Never have, never will. Shareholders realize that a happy workforce is its own reward. Down with automation they say! Power to the people!

This concludes yet another sarcasm report. I apologize for the lack of sarcasm. It's just that CNBC gave me so little to work with this time. That said, perceptive readers can probably spot what little there is. *eyes rolling*


fried said...

Gee, I thought I had been reading about increasing robotics in factories, even in China. So India needs 10 million factory jobs each year...well, good luck with that. Maybe they can all wok on assembling the robots that will actually do the work...or not. I think India needs to find another plan, stat.

Stagflationary Mark said...

The best jobs will be helping to build the robots that will build the robots, assuming of course that the process is mostly automated and simply requires sitting behind a desk pushing a button every now and then.

You know, something a CEO might be able to do with proper training.