Should the United States of America retain manufacturing jobs in the country or ship them overseas
Sunday, February 15th, 2009 | Finance
Is manufacturing the answer to stimulate the US economy? Should we concentrate our efforts in building more and better goods and then supplying the world with those great products? Or should we drop manufacturing all together?
In past decades the United States of America was a great consumer and producer. The products manufactured in the United States of America were desired all over the world. We have to be smart and don’t just think of manufacturing goods for exporting to other countries? After all the United States of America has great equipment, wonderful innovation, top engineering and a superior labor force for manufacturing.
Perhaps our strategy should be to explore the goods we can produce and export to places around the world, especially Latin-America and Asia, the greatest potential consumers for the United States of America for decades to come. The automotive industry is a perfect example. The United States of America could revamp the automotive industry and export inexpensive well built cars to every single country in the world.
Can the United States of America make the best and most inexpensive car in the world? Can we beat German, Japanese, Korean and the up and coming Chinese auto ? Is our manufacturing so good that we can afford to pay twenty to thirty dollars per hour with state and federal employment taxes were other countries like Mexico are paying two or three dollars per hour? Is it the same quality of work? Manufacturers say it’s even better! Is our labor really 10 times better?
Is manufacturing better and cheaper products that we can sell all over the world the answer to our economic slowdown? Or even the answer to the future of our economy? Will this re-instate us as the dominating economic force in the world?
What are the best industries to spend our time and money in?
- Bioscience
- Software
- Science
Will holding high paying jobs in the United States of America make our products competitive around the United States of America? What do you think? Is focusing the US dollars and efforts in keeping manufacturing jobs in the United States of America the answer in a long term or is it just a band-aid solution?? So far it’s not looking good for United States of America manufacturing. We might be the best, but we’re not 10 times better than the rest.
Jorge Olson is the author of the book “The Unselfish Guide to Self Promotion”. He writes and speaks on how to get a better job, a promotion and a raise in one year. Get his new book on Amazon.com and on http://www.UnselfishPromotion.com