“6. I believe US is the world’s most efficient manufacturer”
That is hard to accept considering our huge trade deficit.
2. Information Technology (computers, software, telecom) — Rapidly moving or moved overseas! Software, hardware, everything.
Sorry, but your optimism is unconvincing to me. We’re not dead yet, but we are in trouble. Congress for many years has slavishly done the bidding of multinational corporations who favor off-shoring at the expense of highly paid American workers. It’s not inevitable, as Germany as proved. But our government has unfortunately been disloyal to its own citizens.
> “6. I believe US is the world’s most efficient manufacturer”
In the previous post, i have provided 2 links that not only support this statement but also demonstrate it to be too pessimistic - US is not only the world’s most efficient manufacturer, we also are the world’s largest.
> 2. Information Technology (computers, software, telecom) — Rapidly moving or moved overseas! Software, hardware, everything.
Low cost, low productivity, low expertise, low paying functions are moving over seas. High margin, high paying jobs are staying right here and more are being created every day. Until Obama introduced his very special anti-Midas touch to the economy, unemployment was at 6% (or less). And it will be there again once the Obama economy is done.