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Recent Comments:
10 Cultural Experiences To Have In Buenos Aires, Argentina {Gadling}
Oct 19th 2012 4:29PM Buenos Aires is a marvelous and exciting city. San Talmo on Sundays is a great place to see and experience...its' also a purse snatcher and pick pocket haeven. Beware of Bocca...its' fine during the day but not at night and what ever you do DO NOT ATTEND A SOCCER GAME. The food is excellent and the wines are superb, but when dining out remeber that Argentinians eat late 10:00 pm is more the norm for beginning the dinner hour. Tango dinner show at Senoir Tango's is something to see.
Offshoring: Will 25 percent of U.S. jobs end up overseas? {Daily Finance}
Oct 16th 2009 3:02PM One thing left out of this great article...It doesn't matter how inexpensive an item is, if the American consumer isn't working he/she can't buy it!!!
How long will it take for the Dow to return to 14,000? {Daily Finance}
Mar 3rd 2009 12:14PM I am a small manufacturer and this article makes no sense to me at all!
With globalization came outsourcing to foreign countries with cheap labor. This outsourcing was brought about by the approval of NAFTA and the granting of favorite nation trading status for China and allowing China to join the WTO. Multi-national corporations shifted production from the USA first to Mexico, then Korea, then China and now India...anywhere there is CHEAP LABOR! As a consequence the US lost manufacturing jobs in favor of these low labor cost countries. I don't see the logic in suggesting that an increase in union membership which leads to and increase in labor and benefit cost could possibly help bring manufacturing jobs back to the States? Higher paying manufacturing jobs have been displaced by outsourcing and have been replaced with lower paying service jobs. The consequences are self evident.
Our country will not rebound until our ability to play on an equal playing field is initiated. I'm not suggesting isolationism but I am suggesting that our country require that anything sold in this country be require to have 75% of its composition be manufactured in this country. I agree with concentrating on high tech ande renewable energy sectors as well as stabilizing the auto industry, but let us remeber that not every person is capable of being trained/educated to perform in these job sectors. It's great to provide vocational training however we need manifacturing jobs in order to employ both the trained and untrained!
