Auto Industry
Industry: Email Alert RSS FeedOff-shore wage standards
Automotive Industries, Oct, 2004 by Robert J Wollin
Windeckers (AI, Aug. 2004, pg 36) points to offshore management of our transplants as one of the drivers of the downward wage pressure on US. workers However, focusing the blame on companies will not solve the problem. They will do what it takes to stay in business. Lionel Trains manufactured electric trains in the U.S. for 100 years. When it was priced out of the market by-product from Asia, it had two choices, go out of business or join the flight to China. This manufacturing loss and wage decline needs to be recognized as a critical issue by both political parties. Job flight to China happened under both Clinton and Bush and it will take a true non-partisan approach to solve it. The longer we wait by trying to blame it on the other political party, the worse it will get and the weaker the U.S. will get.
Most RecentAuto Articles
Robert J Wollin
Brought to you by CBS MoneyWatch.com
- 10 Best Places to Retire
- Companies with the Best 401(k) Plans
- Most Important Document for Your Heirs? It's Not Your Will
- Video: Should You Expect to Retire Rich?
- Over 50? Here's How to Get (and Keep) a Great Job
Most Recent Autos Articles
Most Recent Autos Publications
Most Popular Autos Articles
Most Popular Autos Publications
Content provided in partnership with http://findarticles.com/source//

