[GigaDittos]

Didn't they say the same thing when the Japanese were kicking our butts in the late 70's and 80's? Now it appears that the Koreans are japanesing the Japanese, and the Chinese are japanesing the Koreans, and etc.... but the Americans are still here along with the Japanese and Koreans. This ripple effect apparently isn't the country killer we thought. I believe there is a reason why all these industries are changing and moving EXCEPT defense, space, computers and software. Hmmmmm, why is this? Could it be that any area of innovation stays HERE???

[looscnnn]

First; I believe Japan and Korea have some protectionist laws that are helping them, plus they have a lower wage scale than us.

Second; have you been living in a cave? Space, computers/software and some defense industries are moving overseas. IBM just announced it is moving a bunch of programmers overseas. We buy some defense items from foreign companies.

Third; How can you say that innovation in any area stays here? If that was the case, we would have the market cornered. The fact is that there are many innovations that are created in other countries.