What Will It Take to Revive US Manufacturing?

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Barbara Jorgensen
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Made in America
Barbara Jorgensen   3/5/2012 12:25:35 PM
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One of the major networks did a series in which it emptied a family's home of foreign-made goods and replaced them with US-made goods. It was not prohibitively expensive to replace the goods. Smart companies can make up in efficiency what it costs in labor. One of the problems is too many companies aren't looking for added efficiencies.

I agree that US wages can't compete with foreign wages and won't for awhile. But there are other ways to save costs. Retaining the status quo--where jobs exist for the sake of keeping people employed--won't work. Oddly, the US is often last to adopt the best practices it invented.

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