[bluejay]

> “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.

[central_va]

Making burgers at McDonald’s is considered mfg work to the BLS.

[Trod Upon]

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.

I wish I could believe that, but I have a well placed contact at one of the largest tech companies on the planet who says otherwise. The source indicates that they are offshoring everything they can including R&D. In addition to their own efforts, another major line of business for them is helping other US companies follow suit. What is happening is something on a scale America has not seen before. Engineering, programming, legal, radiology--high expertise fields all--are going offshore. Anything that doesn't require your physical presence in America is at risk, because someone, somewhere can do it at a wage you would starve on. In reality it is precisely the low-value work that has a future in America, because the savings in moving it offshore is minimal. Garbage truck drivers, burger flippers, and nail salon employees are probably safe, except they'll have to compete with illegal aliens.

[devere]

“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.”

You’re talking about an industry in which I have worked for over 30 years, and I know personally that you are completely mistaken. My own employer no longer hires software developers and data base administrators in the USA, just in other countries. Maybe that will change after the dollar collapses further, but that’s where we are now.

I wonder what else you are completely wrong about?