The Asterisk Blog has a very well-reasoned and thoughtful discussion of how the jobs that we are losing in the recent economic downturn may never ever come back:
Let’s bring it home, shall we? Do any of you honestly think that that 50″ LCD screen you got at Costco for $1,499 (minus $150 mail-in rebate) could have been produced in the US for less than $5,000? It wasn’t more than 5 years ago that plasma screens were selling in specialty A/V shops for $30,000! Without competition from China do you think that ANY of you would have a flat screen TV, or a $49 DVD player, or a $189 DVR?
AND, show me anyone that really liked working in a factory in a non-union job (meaning, market wages vs. forced high-end wages) back in the day. Why do you think that manufacturers worked so hard to mechanize their process? That’s right, to squeeze the cost of labor out of their cost of goods. Easier to hire 15 mechanics and engineers to maintain the machines and run the plant, than to have 200 disgruntled, irritated, vacation-taking, sick-time-using line workers. The only way we will get manufacturing back in the US is through efficiencies and machines.
Is it really that difficult to see how we got to where we are today?
Does anyone really think that we can put the genie back into the bottle?
I don’t think anyone really WANTS to put the genie back into the bottle again, either. Very simple-to-understand logic that makes a powerful point. Must-Read stuff — make the time.