America’s dream unravels –

7 Apr

Has the 1% already flushed the workforce down the tubes?

Far from being an afterthought, or a moral side issue, the fate of America’s labour force is its most pressing problem. Almost every elected American pays lip service to an economy of the future based on brain power. But it takes time to build a new generation of homegrown brains and the country is doing its best to deter foreign ones. Unsurprisingly, much of the action is therefore shifting with the IQs, whether that is to Singapore, Canada, Germany or China. Roughly three-quarters of US private R&D comes from manufacturing companies, which now account for barely a 10th of the US labour force. In spite of a recent shift towards “reshoring”, the trend is still eastwards.

via America’s dream unravels –


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: