Nothing wrong with free trade if you can compete. I used to think the US was extremely competitive, but since 1980 I think something has gone really wrong.
Some facts from the CIA fact book 2005
Norway:
Agriculture: 2,2%
Industry: 36,2%
Service: 61,6%
USA:
Agriculture:0,9%
Industry: 19,7%
Services: 79,4%
I am from a small town of around 50000. I know that the last years the three main factories have reduced staff and increased productivity. One place have almost cut their staff in half and increased productivity. The other factory has had a productivity gain of around 10% with less workers. All of them are competitive. Our shipyards has full orders.
Would engineering be considered a service job, I wonder?
tomjohn, were not competing with Norway. We're competing with slave wages and with people who live where sewage flows in their streets!
It's sheer insanity.
Of course, OTTH, it's perfectly rational for those that want to drive down American wages to subsistence levels.
tomjohn, were not competing with Norway. We're competing with slave wages and with people who live where sewage flows in their streets!
It's sheer insanity.
Of course, OTTH, it's perfectly rational for those that want to drive down American wages to subsistence levels.