HuffingtonPost.com just published one of my new (very timely) articles. It begins:
“Both Donald Trump and Hillary Clinton spent time discussing the loss of American manufacturing jobs in last night’s presidential debate. In a recent trip to the San Francisco Bay area, I met with some Silicon Valley professionals. There seems to be a group consensus regarding manufacturing challenges.
“Though we can bring manufacturing jobs back to America, it’s not as easy as we may think. There are many factors involved. Of course, one problem is that high taxes are driving manufacturing out of America. Certainly, all the regulations and restrictions are another problem. In addition, it’s well known that wages in this country are so high that we can’t compete with foreign companies. But there are a few other challenges that are not quite as well known”…
“In Response To The First Presidential Debate: The Silicon Valley Buzz On Manufacturing”
(Comments, shares and likes are welcome.)
Thanks for the article. Good overview of the situation.
There’s another aspect of the manufacturing debate. Even if factories come back to the US, they are highly likely to be run more by robots than by human beings. So the manufacturing will be back in the country. But those jobs are not likely to return to human workers.
I wonder if the US will ever be a manufacturing power again or if that ship has sailed.
It sounds like Larry and you, Michael Mamas, have good insight into the problem with a few clear cut solutions that would alleviate the problem with a couple of good productive meetings addressing the dilemma.
Like so many other issues that people seem to carry along in their personal lives..the solution is just not that difficult. Even the slightest adjustments in the way I view my world have produced great rewards for my life.
Thank you for your insights. If only they could infiltrate the minds in the political arena..we just might alter our course.