It was interesting to listen to President Obama during his state of the union speech, which I call the state of the onion speech, where he talked about the corporate off-shoring of jobs in manufacturing, and how he wished to prevent that from happening. The unions love his ideas, because it means more jobs for Americans, but it also means global protectionism, which will highly affect our exports as well. That means whereas we put tariffs on for incoming products, other countries will put tariffs on everything that we shipped out. Basically that is called a trade war.
Still, it's even worse than that when you think about it, as it means there will be inflation for everything we buy, prices will go up, and that wholesale inflation is like a tax on society. Yes there will be more jobs in manufacturing, at least for the near term until the global market adjusts to our changes in policy. However, we must also understand that even if we get an uptick, of a few million manufacturing jobs temporarily, in the end the corporations wish to make more money, and as robotics become cheaper to make, and better at what they do, they will replace the humans.
Therefore, a factory in China that employs 10,000 people will now be a factory in the United States which employees 20 people who watch over the machines. Yes those 20 people will be paid more and those will be solid jobs, and yes we will probably make a good deal of the robotic systems which are put into the manufacturing process, but in the end it's a dead end for humanity. Now then, as I say this I am for efficiency, and technology, and the use of robotics wherever it makes sense for proper return on investment, maximizing efficiency, and that is the name of the game.
There was an interesting article in Industry Week recently titled; "Robots Play a Big Role in Keeping Little Giant Ladders Made in America" by Josh Cable published on; Jan. 24, 2012. The article stated; "Robotic welding technology has helped the Springville, Utah-based manufacturer manage costs and respond to spikes in demand."
Indeed, we can bring manufacturing back to America, but the only way we will be able to compete is to do it without human labor, this is because the unions are artificially raising their payroll costs, and regulators are increasing the cost to do business, all the while lawyers are busy suing corporations, and the unions are disrupting the supply chain by going on strike. The only answer is to fire all the humans and build everything robotically. The corporations will make more money, and pay higher dividends as their stock price increases, but that won't help the working class, that will help the investment class of people.
Now then, if Obama taxes the investment class, they will stop investing in companies, and go buy something else, what might they buy? They might buy real estate, which will help the real estate market return back to favor, but it will also artificially create a bubble, raise real estate costs, and make real estate unaffordable for many middle-class Americans. Who won't have a job because the robots came and did all the work. Apparently the Obama administration is in thinking this through. Please consider all this.
Lance Winslow has launched a new provocative eBook on Outsorucing. Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank; http://www.worldthinktank.net
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