There was a program on 60 Minutes, or some such, regarding the growth of China, and in that documentary a Chinese entrepreneur admitted that without the innovations of the US China would still be a third world country. The reality is that most innovations are created here in the States, and then sent to China for manufacturing, and then the Chinese steal that technology for their own use. If one was to remember history, back in the 90's Clinton did several favors for the Chinese, and they attempted to pay him for it, and probably did. One was he gave China MFN status allowing them easier trade with the US. Next he sold them them high speed dual use computers which were classified under Bush41. The next thing he did was allow China to obtain our top secret missile guidance system through Loral Corp., and then covered up the transfer of the technology by granting Loral immunity from investigation.
However, to your point, when Ford created the assembly line the Industrial Revolution was in its beginnings. There was room for innovation, and man actually ran the assembly line. Now we have robotics running the assembly line.
The rules that applied in the time of Ford, Kennedy, etc., no longer apply. If you had paid attention to the article, it is not that jobs are not being created, it is the quality of the jobs, and for whom they are being created..
