Breaking News
Newest First | Oldest First | Threaded View
User Rank
re: Despite obstacles, experts say China continues to innovate
Bert22306   5/11/2012 7:47:33 PM
I agree with the way this article describes the situation wrt US manufacturing. And I also believe that this is the root cause of the divergence between the rich and the poor in the US. This divergence is not caused by "trickly down doesn't work," which sounds absurd on the face of it. It is caused instead by the fact that "trickle down" DOES work, except it's trickling down into the Chinese economy, and not the US economy. The business strategists in the US make decisions whose objective is to maximize their companies' profits. To achieve their goals, they need to keep production costs as low as possible. So they export manufacturing, and they also export design. The investments of the venture capitalists and the corporate executives give them hansome returns (all we need to do is look at Apple), but the expected trickly down flow has been diverted way over to the East.

User Rank
re: Despite obstacles, experts say China continues to innovate
george.leopold   5/11/2012 1:05:19 AM
Danny Breznitz of Georgia Tech has an extremely clear-eyed view of what's happening on the ground in China and the real implications of globalization for American manufacturing and our evolving relationship with China. We will continue to follow him.

Most Recent Comments
Flash Poll
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Engineer's Bookshelf
Caleb Kraft

The Martian: A Delightful Exploration of Math, Mars & Feces
Caleb Kraft
To say that Andy Weir's The Martian is an exploration of math, Mars, and feces is a slight simplification. I doubt that the author would have any complaints, though.

The Engineering Life - Around the Web
Caleb Kraft

Surprise TOQ Teardown at EELive!
Caleb Kraft
Post a comment
This year, for EELive! I had a little surprise that I was quite eager to share. Qualcomm had given us a TOQ smart watch in order to award someone a prize. We were given complete freedom to ...

Design Contests & Competitions
Caleb Kraft

Join The Balancing Act With April's Caption Contest
Caleb Kraft
Sometimes it can feel like you're really performing in the big tent when presenting your hardware. This month's caption contest exemplifies this wonderfully.

Engineering Investigations
Caleb Kraft

Frankenstein's Fix: The Winners Announced!
Caleb Kraft
The Frankenstein's Fix contest for the Tektronix Scope has finally officially come to an end. We had an incredibly amusing live chat earlier today to announce the winners. However, we ...

Top Comments of the Week
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)