Help Wanted on Factory Floor?
Looking at how weak the US dollar has been for several years now, coupled with the fact that our government is printing money like crazy. I think we are the becoming one of the LCC's (Low Cost Country) in the world. This trend is both good and bad.
The good is that there should be manufacturing jobs returning to the US - slowly that is. Also, I predict that the manufacturing jobs will grow faster in "right-to-work" states where labor tends to more competitive, cheaper and business friendly.
Oh course there is a price for having a competitve world currency which is a lower quality of life and our pocket money goes less distance as we will not have access to cheap overseas labor to build and sell us inexpensive stuff.
We will have to pay American labor prices for our stuff... That's right folks, outsourcing to cheap labor is why we havea high quality of life and cheap stuff.
Another interesting read from the Wall Street Journal
[url]http://finance.**********/career-work/article/112693/help-wanted-factory-floor-wsj[/url]