Posted Thursday 11th June 2009 05:39 GMT
Preserving US jobs is a bum-biter
I think the points made here are valid. US cannot manufacture for the same price as the east due to living costs. Period.
I also heard someone say the other day that the problem with what Obama is trying to do with US jobs is that if they continue down this line of staunchly insisting everything is done in America, other countries will follow suit. Once the world starts down that path the end cannot be good.
I think this is why Obama is making a mistake here. As a world leader he needs to recognise that the world is in this bad economy, not just the US. Rather than fighting to preserve a handful of jobs, why not continue to work away at the global problems, and the rest will fix itself.