It's a flat world. It's here to stay. There is no turning back the clock on this. Drink a shot of whiskey and move on.
International companies are almost borderless - and the fact is that technology kills more manufacturing jobs than globalization. But that doesn't have a defined boogeyman that political leadership can polarize people behind.
In China, they're having more social problems because now robots are even replacing THEIR cheap labor. I'll have to dig up the statistic, but it's sorta mind-blowing how little globalization eliminates jobs compared to tech. It's a super majority of job elimination.
Another thing people forget is that if we close our markets to competition, then they have every right to close theirs, and our market isn't growing, it's stagnate comparatively [[and yes, I know, they're not really open in some countries, etc. and our leadership needs to make sure they become open).
The powers that be need to focus on making service jobs pay with the benefits that manufacturing once did, because except for specialty applications, it's gone.
Do I think that sucks? Yes. Do I buy Detroit/Michigan/American when I can, when the pricing is competitive? I sure do.
But, I'm a realist. The economy has changed, permanently.
I'd love to see foreign folks who come here and get a Masters or Doctorate degree get a Green Card to stay with their Diploma. Why? For example, 1/3rd of Silicon valley entrepreneurs are foreign-born. A huge number of people who are willing to take risks are the people who risked everything to be here because our country is so great, and frankly, what's happening is those bright, educated people who can't stay here are opening their businesses in India and China instead with that cheaper labor mainly because they weren't allowed to stay here, which is their preference. The amount of innovation we export from our colleges is astounding.
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