Has Snap On moved to India?

[ToyCollector]

Originally posted by Curt C.


Being an economic finance type person I will take a stab at this one. Outsourcing is the result of a golbal economy; something the US government has been trying to achieve over the past 50 years to avert countries fighting wars for economic resources. We loose manufacturing jobs because other folk in the world will do them cheaper.

A capitalistic society dictates companies either reduce costs / improve productivity or go out of business leaving the stronger behind.

REAL ANSWER:

How many people in this country can see it coming, understand it's coming, react to it, and then re-skill themselves. There is NO EASY answer to this freakin mess. Listen, I have always known when I was in a dying biz to see it coming and make the hop to the next wiz bang thing. I happened to elevate myself to IT which is one of the more dynamic of all biz sports. When that gets outsourced to India, what do we have left? Today, I was working on dis-barring a lawyer due to his absolutely horrific lack of quality in his work. What intellectual capital other than liberalism do we have left after teaching all the foreigners what we know????? Mistake #1.