Posted on 12/15/2012 10:51:28 AM PST by SeekAndFind
They can compete if the productivity of that cheap labor is "10%, or even 5%" of what it is here. It is the productivity that counts more than the hourly wage.
In some cases, American labor will not be able to compete -- in others, as shown in this article -- it can. Offshoring was a fad. It won't disappear, but there are still advantages to producing many goods in America.
At least until Obama can figure out how to erase them.
Not when the same technology and manufacturing facilities can be established in the cheap labor nation as in the nation where the technology originated.
And the advanced nations with the advanced technology and less than a billion in population are seeking the cheap labor in nations with 3 to 4 billion in population.
Gotta take care of Da Peeps if you want a place at the table in Barry’s New Fascist Economy.
BI is BS and a front for the administration
It is not so much that we don’t have jobs that can be done by someone with a high school education, it is instead that we don’t have HIGH SCHOOL GRADUATES with a high school education. In fact numerous reports have said that we don’t have high school graduates with even an eighth grade education. In most cases we don’t have college graduates with a REAL high school education. If kindergarten through high school years were used for teaching as they used to be there would be no need for more than a very small percentage of the university classrooms that we now fill.
Check out the kind of jobs being done by these college graduates, it doesn’t look like they are doing anything that a typical high school dropout should not be able to do.
http://www.youtube.com/watch?v=XScQCaLmtAw
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