You are for the most part correct. However, even in the cases of information technology, communications, and other high tech areas, most of the associated jobs can be done elsewhere cheaper. Call centers in the Phillipines, software design and execution in India, etc. The skills that will remain in this country and that may become more lucrative include the trades (plumbing, electricians, etc.), financial engineering, and the traditional professions. No, the sky is not falling but I repeat, the average standard of living must decrease in this country as it improves in others, and that ain't good for us.
Maybe we could all become professional soldiers, and invade some other countries and take them over. Got to use all those WMD we have so we can make more. |
