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Commentary: Engineering a prosperous future

George Leopold
11/29/2010 05:17 PM EST

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phoenixdave
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re: Commentary: Engineering a prosperous future
phoenixdave   12/2/2010 9:07:30 PM
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Studying history is no longer a reliable means of predicting recovery of specific business areas and engineering job functions. The global economy economy obviously has a large affect on technology growth and long term investments, but the largest factor related to jobs is the global availability of an educated and qualified workforce that was not present in the past. This variable will make it very difficult to predict job growth in many areas. One thing is for certain, there are many, many people waiting for jobs to return in the factory-heavy states such as Ohio, Michigan, etc. with no concept or realization that it just will not happen. Companies will start hiring again, but you might not like where they are hiring from.

fdunn0
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re: Commentary: Engineering a prosperous future
fdunn0   12/1/2010 11:04:14 AM
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I feel that You and others that believe that a new dawn is just over the horizon for all aspects of the Electronics Industry need to read an article whose title sums up best where we are now and going in the near term, EBN's "Gorging on China". Public and Privately held Electronics companies started a fast walk to China to feel the waters, but that lead to a full scale marathon to China. First it was just assembly line manufacturing, then we moved full scale foundries over, and finally the "coup de gres" was moving U.S. design, redesign, and/or maintenance design to China. Enough is enough, not only does the Human (jobs) factor depend on us slowly but methodicaly moving back stateside, but the security and success of the U.S. depend on it. Major players in all aspects of the Electronics Industry are feasting at the "low price of life" in China and it has come back to bite us in the backside. There is enough fault to spread to everyone but until we take back all of the afore mentioned components of the Electronics Industry we are just consumers with service jobs, hoping one day we'll be able to afford that new Electronic device. The government will also be in a real jam when they go to design the future weapons to protect the country without having to depend on even one component coming from outside the U.S.. Wake up and smell the coffee people the shares you're holding won't be worth one red (pun intended) cent when like so many other countries before just take possession of your assets when a political crisis faces our counties. It will be repeating history just like before World War II when every aspect of Industry had to be almost created from scratch overnight. What preceded WWII, an economic depression. We are all doomed to repeat the past unless we fix the future. Fred Dunn

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