Tuesday, May 4, 2010

Is it about the stock price, then?

Sifting through Trade Act sector data.. Just when I thought call center jobs were unsustainable, turns out integrated circuit design engineering services are also not sustainable..

To achieve the prime directive of maximizing shareholder value, some Washington County bulkhead firms have shifted IC design to the Far East. Fareed Zakaria is right about "the rise of the rest" of the world.

You knew this was coming. You knew it in the 80s when there was fear of software jobs going to India and China. You knew it in the 90s (some knew it earlier; I was late to this party) when the last gasp of production work in the U.S. migrated to Mexico - wait! Make that Thailand - wait! OK to China, seeking those maximized shareholder dollars in building cheaper widgets.

No answers here just reality. It is a global world today. Can we grow Oregon rhododendrons for export, to line the corporate campuses in Singapore?

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