On 2012-08-20, at 8:41 PM, Robert Ladden wrote: > With leaving the manufacturing equipment behind, perhaps they are off-shoring > their manufacturing. Sad if true. > >
Why not...? It's a double-edged sword at play here: move the jobs off-shore because it's supposedly too costly to manufacture things here in the ol' "...arsenal of democracy" (remember that quaint phrase...?) anymore---and then wonder why the unemployed masses in North America can't afford to buy your now over-priced goods... Phase II of globalization will occur when all these same companies that have abandoned the USA & Canada are suddenly faced with a nasty little something called "nationalization" in their new-found off-shore havens. And that is surely just a matter of time, & will happen, when the homegrown masters of these new centres of manufacturing have acquired all of the proprietary information that they might need to claim everything on their soil as being their own, and no longer need to operate under the shackles of a foreign-owned corporation. It won't just be laid-off working stiffs crying foul then...and government bail-out money will have run dry by that time, too. ~73~ de Eddy VE3CUI - VE3XZ
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