“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?
> 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.
While I do not have your experience yet, I have worked in this industry for over than 20 years, and for every piece of anecdotal evidence you supply I could provide one that argues the opposite.
Instead, we could do a simple mental exercise - name 10 top software companies, then cross out all American corporations. You would be hard pressed to have more than 3 names left on the list.
Did 4 thousand-some-odd pages of regulations that Obama pushed through in the last 2 years harmed American competitiveness? Yes.
Does the uncertainly about debt and the uncertainty about the future tax rates further erode the attractiveness of United States as the place to do business? Yes.
While the damage is severe, it is most certainly not irreversible. America remains the most dynamic and competitive society in the world. Things looked equally bleak under Carter and it took only a few years under Reagan’s leadership for United States to convincingly win the Cold War.
I remain optimistic. This country will continue to prosper through all the long years of Obama’s ex-presidency.