The Oregonian article ‘Job polarization’ leaves out middle-income wages: Oregon Politics reminds us what happens when our ideals are so widely different from our goals.
Low cost manufacturing goes away and doesn’t come back. We’ve known about this for a long time, so we need to stop kidding ourselves. There is no avoiding mass production is becoming more and more mobile. Factories are better able to be retooled to make different things, and there is always more cost you can shave off of production by moving to the lowest priced labor pool. It is a waste of time for Oregon to pursue these because, like the SolarWorld debacle illustrates, just favoring a green focused industry isn’t enough. Continue reading Job Polarization Wiping out Middle Income Workers