Yes on the outsourced jobs but no to spending what you/we do not have (borrowing). We will have to go through a few bad years of austerity to get back to prosperity. Stop borrowing and go "paycheck to paycheck".
I think that most of the EU realizes that stimulus is needed for some countries. The question is how much and how is it structured.
Similarly here in the US economic recovery is geographically uneven. I think this contributes to the political polarity that we are seeing here.
Austerity is a death spiral - Europe's in it and the Republicans in the USA are hellbent to dive in as well, not able to learn from Europe's mistakes that cutting only leads to more cutting. Europe needs stimulus, not cuts.
It also, like the USA, needs to bring its outsourced jobs back from China. Unemployed people don't buy stuff, leading to more unemployment.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Are the design challenges the same as with embedded systems, but with a little developer- and IT-skills added in? What do engineers need to know? Rick Merritt talks with two experts about the tools and best options for designing IoT devices in 2016. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.