Very good article!
The eventual balancing of wages between the U.S. and outsourcing nations was predictable years ago, but the article had a lot of surprises that, by definition, weren't all that predictable:
- The effects of the new, lower-cost natural gas and energy prices (yay, fracking!).
- The drastic increase in surface shipping costs.
- The belated discovery on the part of manufacturers that the hands-on manufacturing part of the process is integral to maintaining the quality of the product.
- There's more to making a profit than simply reducing labor costs (duh).
- Everybody does better when labor, management, engineering, and design are all on the same side.
Bookmarked!