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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: geode00 who wrote (174650)	11/9/2005 8:21:15 PM
From: bentway	Read Replies (1) \| Respond to of 281500

"So why do people keep saying that we can afford to send manufacturing jobs overseas as long as we keep knowledge jobs?" I haven't heard anybody saying that for at least five years. It's common knowledge that major American corporations like IBM and Microsoft are launching huge new engineering divisions in India and China while they are downsizing the ones they have here. China is more geared to manufacturing at present, but is trying to diversify to services, while India, with an educated class that speaks better english than you or I (to say nothing of the chimp!) is pursuing service outsourcing, while trying to diversify into manufacturing for it's less educated millions. I advise young people today to go into health care. It's harder to outsource, but some branches of that are going to Chindia, like medical imaging analysis. Then, there's medical "tourism" catching on too. The US is an expensive, high cost nation in a world full of trans-national corporations seeking the lowest wage and other costs for competitive advantage. We've got years of painful adjustment ahead of us.