Tuesday, September 27, 2011

Offshoring and the American Dream

Just read the article in Sept 27, 2011- Wall Street Journal on the impact of moving manufacturing offshore ("Tallying the Toll of U.S.-China Trade") . Key point is the awakening around the direct loss of manufacturing jobs and the indirect loss of other service jobs in the same community, all tied to migration of migration to China. In a perfect world, these same folks would be doing something else, working on the next best job. In reality, the next best job (software development? finance?) is also moving offshore.

What does a middle class, well educated American do? Is this going to eventually cause a social uprising? Chime in!

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