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I hear a lot of talk about lack of education, retraining or needing to compete. Or some countries will prosper and others need to change. I hear words like protectionism, globalization, ect. It’s all a crock, and I don’t mean the reptile. If you take one’s own self interest, and spin out of it. It is very clear. There is no competing with 20 cent an hour labor. It’s dreaming to think that 20 cent an hour labor will make gains over time and raise their standards to level the game. It doesn’t matter where you are on earth, you can’t compete with that. Governments just don’t want to startle the people. But all the jobs that can be outsourced, will be over time. To me, I want my neighbor to have a job.
davidcmurray-
You and Scott are right on with your views. I am one of the masses from Michigan, where we have lost a quarter million manufacturing jobs in the last three years let alone what we have lost in the last decade. You wouldn’t believe the home forclosures in this state. It’s all a race to the bottom. Where most of these jobs have gone is China where they can pay 20 cents an hour. And there are a billion people out in the rice fields still waiting to come to the cities to work in the manufacturing plants. According to Tomas these displaced can retrain for other work….the only jobs available are truck drivers and nurses. I personally work for a small manufacturer and have never made more than 28,000 dollars a year, with meager health benefits. Now my employer says we must take pay and benefit cuts.
