The continued prosperity of the US will depend on the utilization of technology advances in the production of goods and services. The use of robots and computer-aided design and manufacturing system throughout the industries of the US will be an increasing factor in the maintenance of industrial leadership in the world. The US steel production was 26% in 1960 and by 1980 steel production was at 14% while in Japan steel productions was 6.5% in 1960 and increased to 15.5% in 1980. Synthetic fiber has maintained productivity increase commensurate with wage increases, however, most labor productive has decreased in relationship too productivity increases. Productivity in coal mining industry declined while wages increase 10%. The difference between productivity and labor costs are the result of inflated prices and reduced international competitiveness.[Learn More ...]