Breaking News
Comments
Newest First | Oldest First | Threaded View
Wnderer
User Rank
CEO
Shrinking Global Economy
Wnderer   5/14/2014 4:27:49 PM
NO RATINGS
I'm not sure this is a good thing. I think it might be a sign of a shrinking global economy. More manufacturing and service industry jobs in the US at the expensive of growth in information age STEM type jobs.

Bert22306
User Rank
CEO
Exactly as one would expect, but maybe faster
Bert22306   5/14/2014 4:16:46 PM
NO RATINGS
Global economics is a self-regulating machine. Jobs move overseas when labor is cheaper overseas. It's only natural that as demand for labor goes up in these countries, cost of that labor will go up too. Eventually, the cost of the labor plus the extra costs involved with having a design manufactured far away, will create a new equilibrium position. This holds for any type of job, doesn't have to be just manufacturing.

I'm glad to see that LED lighting is part of this reshoring phenomenon. Because quite honestly, it was really aggravating to hear whiny politicians complaining that phasing out incandescent lighting would move US jobs overseas. Amazing no? That the only lighting US factories could produce profitably was a primitive design from the stone age? How do these whiners not embarrass themselves? Thank heavens it ain't so!



Most Recent Comments
EE Life
Frankenstein's Fix, Teardowns, Sideshows, Design Contests, Reader Content & More
Max Maxfield

Creating New Faceplates for Antique Analog Meters
Max Maxfield
40 comments
I've currently got a couple of hobby projects on the go that feature the use of antique analog meters. For example, there's my Inamorata Prognostication Engine and its companion, the ...

EDN Staff

11 Summer Vacation Spots for Engineers
EDN Staff
11 comments
This collection of places from technology history, museums, and modern marvels is a roadmap for an engineering adventure that will take you around the world. Here are just a few spots ...

Glen Chenier

Engineers Solve Analog/Digital Problem, Invent Creative Expletives
Glen Chenier
11 comments
- An analog engineer and a digital engineer join forces, use their respective skills, and pull a few bunnies out of a hat to troubleshoot a system with which they are completely ...

Larry Desjardin

Engineers Should Study Finance: 5 Reasons Why
Larry Desjardin
45 comments
I'm a big proponent of engineers learning financial basics. Why? Because engineers are making decisions all the time, in multiple ways. Having a good financial understanding guides these ...

Flash Poll
Top Comments of the Week
Like Us on Facebook
EE Times on Twitter
EE Times Twitter Feed

Datasheets.com Parts Search

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