[thimios]

The ripple effect of this is huge. You can’t gut the middle class and hope to remain a world leader.

Beijing is having a good laugh at our expense.

I can’t believe the number of replies on this subject that dismiss this out of hand. They bitch and moan about the UN but they have no problem running $300B trade deficits with China.

[RockyMtnMan]

I call it financing our own demise.

[hedgetrimmer]

Bump

[Tokhtamish]

I can’t believe the number of replies on this subject that dismiss this out of hand. They bitch and moan about the UN but they have no problem running $300B trade deficits with China.

Isn't that penny wise pound foolish mentality amazing ? Does it ever occur to free traitors that a nation suffering net downwards social mobility will not care about being a military superpower ? Aircraft carriers don't pay the rent.

[FranceForBushInAustin]

The issue at hand is not to dismiss it but to cope with it as it is there for good, for the same reason clothes and shoes factories have moved offshore. Would will be better off if we were still fabricating these items, no, we could not afford them. We have to accept that commodity items will naturally move offshore. We did not seem to care when it was blue collar jobs, now it is white collar jobs. I know it is tough to swallow that a $80K job can become a $8K job offshore and more over, it does hurt to be caught on the wrong side of the fence.
Any bright side? To successfully execute an offshore plan, you will need brilliant people to manage the offshore team and retain the how to things are produced. Agility will require changing suppliers from time to time. That were will see firms succeed or fail. Those who will succeed will keep producing high paying jobs. Just look at the Dell model to understand the mechanics.