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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Wyätt Gwyön who wrote (17749)2/24/2004 9:26:46 AM
From: bentway of 306849
 
There is no objective difference between blue collar job migration and white collar job migration. There is a difference in the speed with which this can be done. To move a factory, you have to have infrastructure, water, power, workforce, necessary to support the operations. To move service work is much less cost and time intensive. I watched the automotive jobs migrate while I was in school studying software engineering, glad that I was moving into a profession to new for the rest of the world to compete in. I don't see an answer. Perhaps the only answer is in Europe, with more socialist government, healthcare, high unemployment and welfare.
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