Oh boy, here we go.
“Industrialization and low skilled manufacturing labor is an outdated concept.”
Guess no one ever told the Chinese that. When are boneheads ever going to realize that there are just some people who can’t do anything except dig ditches and tighten bolts on an assembly line?
Losers will always exist, and we need people to flip burgers and work at Big-O tires too. But one should not design the working population around loser jobs. We need to emphasize high talent, high IP skills.
Yep.
Funny how everything in Wal-Mart is made in China, Japan, Guatemala or some place like that. But don’t worry, Wall Street has invented “credit default swaps” and “sub-prime mortgages,” the financial instruments of the future!