manufacturing

Andy Grove Gets It - What it Takes to Create U.S. jobs

Former Intel CEO Andy Grove is not someone who comes to mind when calling for action on U.S. jobs. Under his watch, Intel displaced U.S. workers with foreign guest workers, labor arbitraged, underpaid salaries, age discriminated and offshore outsourced manufacturing and jobs in droves. Their corporate culture was so notoriously vile, they even had their own personal protester, warning anyone who would listen to not work at Intel.

What happened I have no idea but Andy Grove just wrote the most specific and dynamite article, How America Can Create Jobs. He actually knows how to create high paying jobs because at one time Intel on it's path to the world's dominant computer processor maker, actually did manufacture in the United States.

Something Wrong With American Manufacturing

There is something wrong with the way American business performs. America does the R&D and introduces new gadgets to the market. It overprices and underproduces.

Like the transistor radio in 1954 - $49.95 - equivalent to $364 in 2006. The Japanese and Chinese jump on this and take over the market. Same with cameras, consumer electronics, household appliances, cell phones, cars, trucks, drywall, fruit cocktail, etc.

http://en.wikipedia.org/wiki/File:Regency_transistor_radio.jpg
Regency TR-1. $49.95 1954

Syndicate content