High Tech US research going to China
http://www.nytimes.com/2010/03/18/business/global/18research.html?pagewanted=1&adxnnlx=1268928501-2Dhb44o%207Hi6qMF1TZJNuA
"47 universities and other institutions of higher learning, churning out engineers with master’s degrees who can be hired for $730 a month."
" President Obama has often spoken about creating clean-energy jobs in the United States. But China has shown the political will to do so"
"Applied Materials has built a 360-employee operation here in Xi’an after announcing an 18-month program last year to reduce employment by 10 to 12 percent, or 1,300 to 1,500 jobs, including layoffs in the United States and Europe"
“Of course, China will lead everything.”
So when you see the news which says the recovery is coming soon you will know that it is not. A recovery is not coming. It is not coming today. Not coming tomorrow. Not coming in the next 25 years. Not as long as these stories keep appearing.
They used to say it was just going to be manufacturing. The high tech research was always still done in the USA. This is a new turning point in the dismantling of our economy (and way of life). It is not just this or that piece of the economy. It is everything.
"47 universities and other institutions of higher learning, churning out engineers with master’s degrees who can be hired for $730 a month."
" President Obama has often spoken about creating clean-energy jobs in the United States. But China has shown the political will to do so"
"Applied Materials has built a 360-employee operation here in Xi’an after announcing an 18-month program last year to reduce employment by 10 to 12 percent, or 1,300 to 1,500 jobs, including layoffs in the United States and Europe"
“Of course, China will lead everything.”
So when you see the news which says the recovery is coming soon you will know that it is not. A recovery is not coming. It is not coming today. Not coming tomorrow. Not coming in the next 25 years. Not as long as these stories keep appearing.
They used to say it was just going to be manufacturing. The high tech research was always still done in the USA. This is a new turning point in the dismantling of our economy (and way of life). It is not just this or that piece of the economy. It is everything.
posted by res17 at
March 18, 2010
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