Hi;
Lets not forget a part of the exodus of Manufacturing from America. That is Union's, Companies have to be competitive and make profit for the stock holders. Today, Executives get millions of dollars in bonuses and compensation REGARDLESS the outcome of their tenure. Union's and I believe in a good wage for good work, But when you have to pay extrodinary labor prices for someone on a assembly line or converyor system for them to sort out bad product or separate product is out of line.
With high labor costs - companies had to introduce robotics to cut manual labor (jobs) . Now we are not talking Rocket science degrees here for a man (or 2 men) to install the hood of a car on an assembly line. in a resent (2-3 months ago) AOL news release - 20% of all College Graduates are working as Bartenders, because there is no job or no one hiring in the field of study taken.
We need another lawyer like we need another 4 years of Barry. We are short of Doctors and Nurses.. Who deserves more pay - the lawyer or the Doctor/Nurse. We are pumping out more teachers than positions needed or already created, how are our kids coming out of schools these days. We cant fire teachers because of tenure - stupid/incomputant teachers teaching our kids and the heads of the teachers union were caught on tape saying that it was not about the kids - it was growing their clout with political leaders.
No wonder we don't make things like we use to in the USA...