Competence in U.S. manufacturing began to fall apart in the 70's. To resurrect it would be a futile effort.
Manufacturing competence was replaced by PIP (Profit Improvement Programs), cash milking mindsets, constant cost reduction programs, a refusal to advance technologically, poor labor/management relations at many of the leading manufacturing firms, lack of engineering talent and, perhaps most important, a complete lack of quality control.
While unfortunate, rebuilding the U.S. manufacturing base to competitive levels is virtually impossible.
The Low Hanging Fruit of Credit Downgrades [View article]
"What, if any, is the golden nugget we have in our back pocket this > time..."
Don't sell us short. Financial innovation, tort law, Congress (oops, lobbyists), leverage at every level, education, the world's healthiest gun (oops, crime) industry, health care, extremest political (oops, religious) groups and a public too preoccupied to bother getting involved.
The rest of the world need not advance, we will do it for them.
Resurrect U.S. Manufacturing [View article]
Manufacturing competence was replaced by PIP (Profit Improvement Programs), cash milking mindsets, constant cost reduction programs, a refusal to advance technologically, poor labor/management relations at many of the leading manufacturing firms, lack of engineering talent and, perhaps most important, a complete lack of quality control.
While unfortunate, rebuilding the U.S. manufacturing base to competitive levels is virtually impossible.
The Low Hanging Fruit of Credit Downgrades [View article]
> time..."
Don't sell us short. Financial innovation, tort law, Congress (oops, lobbyists), leverage at every level, education, the world's healthiest gun (oops, crime) industry, health care, extremest political (oops, religious) groups and a public too preoccupied to bother getting involved.
The rest of the world need not advance, we will do it for them.