General Motors is cutting 25,000 American workers' jobs and building more plants in Mexico and China. I guess we're supposed to get busy inventing something quick to sustain us until it's outsourced. Cellphones and HDTV aren't enough.
Quote: I guess we're supposed to get busy inventing something quick to sustain us until it's outsourced. Cellphones and HDTV aren't enough
All those layed off people should "pull up their bootstraps" as Rush calls it and get some more "skoolin" and get into bio molecular chemistry and nanotechnologoly.
A'hem. Those are being primarily made in the Pacific Rim...mostly China...as well. No HDTVs are made in the U.S. at all, to my knowledge.
The general rule of thumb nowadays, is that once a new idea comes up from the U.S., it immediately is sent for manufacture to the Pacific Rim, skipping the U.S. as a producer altogether.
That is the main philosophy of smart management now preached. Those managers who cling to U.S. manufacturing preferences are derided as "out-dated".
I forgot to mention that G.M. is blaming workers' health insurance costs for their problems. $1500 per car goes to the worker health insurance kitty.