http://www.pbs.org/cringely/pulpit/pulpit20040122.html
In the continuing argument about offshoring, Robert X. Cringley opines that the government and business don't 'get it' -- that by allowing something which has been nationally profitable like IT to be moved away from the USA, a form of 'hollowing out' is at risk, because even in the USA, the available manpower is absolutely low.
Yet the author also gives plenty of examples of the USA and other countries shedding unprofitable industries for profitable ones. The key here is that both capital and labour are required for the sort of re-invention which appears to be the only way out of this dilemma, and the labour reserves required are being squandered, with nothing being done about it.
Well perhaps so -- but a better argument for alternatives is needed, and is not provided here.
Posted by jho at January 24, 2004 11:50 AM