There are so many underlying changes to the established relationship between Labor and Capital in the US that would be a necessary part of keeping jobs here that it would effectively make us a completely different country. For example -- suppose one could snap one's fingers and "bring back" millions of manufacturing jobs. What would lead one to conclude those would be the kind of "good jobs" everyone is envisioning?…
Manufacturing in particular... it's very easy for folks to say we should bring those jobs back to the US but people are often shocked when confronted with the prices of items manufactured in the US. I don't say that to dismiss the thought but it would be a lot more difficult for folks to swallow than they think it would be.
Jensen: 'We've done our country a great disservice' by offshoring
101–110 of 527 posts
Re: Jensen: 'We've done our country a great disservice' by offshoring
#102Ross Perot in 1992 https://www.youtube.com/watch?v=VRr60nmDyu4 We have shipped millions of jobs overseas, and ... a strange situation, we have a process in Washington where after you serve for a while, you can cash in, become a foreign lobbyist. We have got to stop sending jobs overseas. You're paying 12, 13, 14 an hour for factory workers and you can move your factory South of the Border, pay a dollar an hour for yo…
One of my main arguments for a universal health care scheme in the united states is how horrendously expensive, for employers, health care is. Lets totally ignore efficacy, moral arguments, expense for the patient, etc. If you are a company in the US a large percentage of the effective compensation of employees is healthcare. A moderately good PPO is like ~$10k+ a year per employee. You can pay workers in some other…
The costs need to be fixed, first. Moving to the government/taxes paying for it doesn't fix that.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#103Earlier quoted context omitted.
Data centers provide jobs. Not as many as manufacturing, but the difference isn't as large as you would guess. A modern data center needs 50-100 people to repair/replace hardware, maintain the generators and such. A modern factory needs 200-500 people to do the assembly, shipping, and other such work that isn't automated. Of course if labor is cheap you can use a non-automated factory and then you will have 2000-1000…
> A modern data center needs 50-100 people I doubt it. Job density for land usage and other externalities generated is going to be one, maybe two, orders of magnitude greater for manufacturing.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#104Earlier quoted context omitted.
Manufacturing in particular... it's very easy for folks to say we should bring those jobs back to the US but people are often shocked when confronted with the prices of items manufactured in the US. I don't say that to dismiss the thought but it would be a lot more difficult for folks to swallow than they think it would be.
That's why I don't like to blame corporations for outsourcing. The consumers outsource every time they select for cost.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#105Re: Jensen: 'We've done our country a great disservice' by offshoring
#106IMO, I’d rather china be the economic super power and the US leeching off that technological progress and manufacturing the same way say Scandinavia or most of Europe currently does.
Those Europeans get 2 months off while china and the US duke it out and they get all the technological benefits with no downsides. It’s genius.
Everyone talks about the US being number one, but no one wants to put in the effort. You all want to sacrifice work life balance and give up those remote jobs to push the US back to the top? Thats what it takes.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#107Ross Perot in 1992 https://www.youtube.com/watch?v=VRr60nmDyu4 We have shipped millions of jobs overseas, and ... a strange situation, we have a process in Washington where after you serve for a while, you can cash in, become a foreign lobbyist. We have got to stop sending jobs overseas. You're paying 12, 13, 14 an hour for factory workers and you can move your factory South of the Border, pay a dollar an hour for yo…
Re: Jensen: 'We've done our country a great disservice' by offshoring
#108There are so many underlying changes to the established relationship between Labor and Capital in the US that would be a necessary part of keeping jobs here that it would effectively make us a completely different country. For example -- suppose one could snap one's fingers and "bring back" millions of manufacturing jobs. What would lead one to conclude those would be the kind of "good jobs" everyone is envisioning?…
Service jobs are hard to export, it's just moving money around inside your country. Riveting is a job that produces goods that can be exported for incoming cash, elderly care isn't.
If that wealth is ending up in very few people’s hands, and if said people are wealthy enough that they keep their money offshore (which is the case a lot of the time), what is the big difference in making something you can export?
Re: Jensen: 'We've done our country a great disservice' by offshoring
#109Earlier quoted context omitted.
Manufacturing in particular... it's very easy for folks to say we should bring those jobs back to the US but people are often shocked when confronted with the prices of items manufactured in the US. I don't say that to dismiss the thought but it would be a lot more difficult for folks to swallow than they think it would be.
That's why I don't like to blame corporations for outsourcing. The consumers outsource every time they select for cost.
Frankly, a lot of the corporations are still to blame because they're the ones actively concentrating wealth at the top. If I had more disposable income I'd buy more made in the US products but my budget simply doesn't allow it.
Re: Jensen: 'We've done our country a great disservice' by offshoring
#110on a population weighted basis the us manufactures more by value than china.
A bunch of people salivating for a world where the us was 52% of world gdp, not because it was great, but because the rest of the world was ash.