Quote: Just because we lose some of the lower value manufacturing industries
I am a realist. A society needs fairly decent jobs for people with lower HS education and or lack of ambition. Not everyone is a Bill Gates in intellect or ambition.
By making these people take McJobs you are creating a permanent underclass that will be a burden on socity through crime and welfare.
By making these people take McJobs you are creating a permanent underclass that will be a burden on socity through crime and welfare.
If you are a realist, then I urge you to review the data on this link... Gross Output By Industry In Current Dollars and tell me industry by industry, category by category, sector by sector, how we will be impacted in the coming 5-10-20 year periods. What you will see is an economy that is so wide and deep in all aspects of industry, you will realize that we are well cushioned to withstand the current and near term future threat from China and elsewhere.
The 'sky is falling' doom and gloom statements that I read here do not jive with the data. We have a HUGE economy that offers millions of jobs across hundreds of industry sectors, including manufacturing. We need to be more concerned (the long term threat) about the trash that is being produced in our government school systems and reverse that trend to one of competition and basics in language, math, science, engineering.
There will always be opportunities for the less ambitious.