687,000 U.S. High-Tech Jobs Lost in a Decade

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[citation][nom]Clonazepam[/nom]I lost my tech job to a Canadian because he/she was happy to do it for half the salary I was receiving, and my salary wasn't that great to begin with.[/citation]

Social services man. Americans want high salaries, but no regulation on the costs of necessary services such as medicine and education. Its counterproductive
 
[citation][nom]ajay_vishvanathan[/nom]well.. it ought to happen.. companies find that Chinese are cheaper to work with.. shifted most of their manufacturing to China.. every other product in the world carries a "Made In China" tag.. blame the companies for that not the government.. the government has limited role in this.. remember America is a capitalistic and not socialistic economy to dictate the rules..[/citation]
The government has nothing to do with it is just NOT true. Look into Clinton signing a trade agreement with China in 1999. Part of that deal was we would need to let them be part of the WTO and that had a direct impact with Chinese imports. I am not in any way trying to bash Clinton here, but that point is just fact.
 
[citation][nom]bit_user[/nom]US Politicians rarely think more than 2 years ahead. Wall Street rarely thinks more than 1 quarter ahead. This outcome is hardly surprising.Once the patent trolls have sued all US tech companies out of existence, we're going to be left wondering just how it was that tech went the way of the auto industry.[/citation]

Humans in general are short-sighted. Treaty of Versailles is a classical example, small wonder why some people called it, "The peace to end all peace".
 
This is the scary bottom line: China graduates about as many engineers as we do lawyers, which is about 10 times as many engineers as we do (500k vs 50k per year). China also doesn't reinvent the wheel: they steal any IP they want. Contract with them to build a product for you, and you'll see it undercut on the shelf next to yours with some generic name. We've got to get them to respect our patents or this will only get much much worse.
 
[citation][nom]SmileyTPB1[/nom]I'm going to go out on a limb here and say that it is probably a bad idea to let the Chinese be more technologically advanced than the US.[/citation]
the Chinese are more technologically advanced thousand and hundred years ago before the US exist :)
 
A huge part of this is due to the lack of basic research being conducted by the US gov't. DARPA and the Energy Dept have been responsible for ALOT of the innovation we see today, as they funded US universities and institutions to conduct this work, and would hold the patents...now, the focus of research isn't for learning of inque phenomena, but instead for practical application. This shift in approach is problematic, since without that basic research, you will never get to the 6.2 to 6.4 levels.
 
687,000 only counts the jobs that have been lost. That is not taking into account the number of jobs that would have been created were those companies still in the USA. If that were taken into account, considering how technology has taken off, that number would be somewhere near 2-3million--if not more. When you count only the jobs that have been lost and not the jobs that would have been created you are cheating. Until America wakes up and realizes that 'free trade' and 'corporate deregulation' are harming out economy things will never change. We are giving China all of our technology and know how just because they can employ a slave labor worker and it makes OUR corporations RICH. This has got to stop. We are gutting our economy every time we allow corporations to outsource high skilled/high tech jobs overseas.
 
@mb2bm55

Yes, affordable education and healthcare are essential, but don't exist in the US today. This is something we can blame the government, the corporations and the people for, noting that corporations pour billions into political leverage and propaganda (to convince teabaggers that oligarchy is somehow good for the little guy), to achieve their goals.
 
[citation][nom]Gulli[/nom]Labor costs have not increased compared to inflation, in fact they have declined since the 1960s and 1970s, meanwhile the 1%'s share of the national income tripled while CEO pay has grown tenfold (the average is now 400 times a worker's pay) and naturally the economy has grown faster than workers wages, so compared to the average income per capita, worker wages, and thus labor costs, have gone down. But don't let facts get in the way of rhetoric...[/citation]

For example's sake:
American worker gets paid $20/hour
Job moves offshore
Chinese worker gets paid $5/hour
Now... CEO/shareholder get extra $15/hour

That's what's wrong with the world.
 
[citation][nom]ajay_vishvanathan[/nom]well.. it ought to happen.. companies find that Chinese are cheaper to work with.. shifted most of their manufacturing to China.. every other product in the world carries a "Made In China" tag.. blame the companies for that not the government.. the government has limited role in this.. remember America is a capitalistic and not socialistic economy to dictate the rules..[/citation]
Not quite correct. Economic and labour policies are set by governments. Losing jobs is both an economic and labour related issue. Of course shareholders ALWAYS want to spend as little as possible, and have as much return as possible, so this is why your elected officials must balance it out with trade provisions. Americans, for the most part, have been electing not-so-intelligent people to run their governments, and it shows... From the looks of it, it won't be getting any better.
 
[citation][nom]ajay_vishvanathan[/nom]well.. it ought to happen.. companies find that Chinese are cheaper to work with.. shifted most of their manufacturing to China.. every other product in the world carries a "Made In China" tag.. blame the companies for that not the government.. the government has limited role in this.. remember America is a capitalistic and not socialistic economy to dictate the rules..[/citation]

You are naive to think America is anywhere close to being a Capitalist country, let me list the few reasons why Companies moved their manufactoring.

TAXES (Highest corporation tax in the World)

Regulation(Some of the highest Regulations in the world, (Note this doesn't mean safety, talking about red tape and inefficiencies by Local, State, Federal).

Subsidies and Tarriffs, The government picks winners and losers all the time in our economy.

Government Loans, Now adays the only way a Venture Capitalist would put money into a upstart is if they have Government Backing, (Which is a bad thing because think of all the Companies and Technologies that don't see the light of day).

Laws that inhibit competition, Such as Taxi Cab limits in a city, or Rent control.
Some the few Government force that keeps businesses from wanting to work here.
 
[citation][nom]amdfangirl[/nom]For example's sake:American worker gets paid $20/hourJob moves offshoreChinese worker gets paid $5/hourNow... CEO/shareholder get extra $15/hourThat's what's wrong with the world.[/citation]

Omg... You just see the labor costs which typically a small part of the problem.
Government is the biggest part of the problem why they work in China.
 
In the end of the day, it's not the Indians or Chinese who will be reach like Western World, it will be the Western World who will be poor like the Chinese and Indians. Oh, capitalism I love you...
 
MBA = that's where they teach you to sell your soul for a buck or more profit and outsource jobs. That's where executive learn to ship jobs. MBA = for the most part, crap. Most people with decent common sense can do any of the execs jobs out there. Just watch Eddie Murphy's "Trading Place."
 
Wouldn't the tech bubble have something to do with it too? There were so many unsustainable tech companies in the late 90s that I'd think it'd be almost unbelievable if there wasn't a huge drop in tech jobs in the last 10-12 years [lets say in comparison to overall jobs to account for the general los of jobs due to the recession].
 
[citation][nom]arboy79[/nom]687,000 only counts the jobs that have been lost. That is not taking into account the number of jobs that would have been created were those companies still in the USA. If that were taken into account, considering how technology has taken off, that number would be somewhere near 2-3million--if not more. When you count only the jobs that have been lost and not the jobs that would have been created you are cheating. Until America wakes up and realizes that 'free trade' and 'corporate deregulation' are harming out economy things will never change. We are giving China all of our technology and know how just because they can employ a slave labor worker and it makes OUR corporations RICH. This has got to stop. We are gutting our economy every time we allow corporations to outsource high skilled/high tech jobs overseas.[/citation]

Its funny, because its not Free Trade that hurts our economy.
Its Top Down management our Government that hurts our economy, which is Socialistic and Facist.

Rich people get rich because of the Government typically. So you are looking at the wrong cause of our current Economic and social issues. Government is a fault, Free Trade is the solution.
 
[citation][nom]Kurz[/nom]Its funny, because its not Free Trade that hurts our economy.Its Top Down management our Government that hurts our economy, which is Socialistic and Facist.Rich people get rich because of the Government typically. So you are looking at the wrong cause of our current Economic and social issues. Government is a fault, Free Trade is the solution.[/citation]

Socialist and Fascist is it? Please extract your cranium from your rectum.
 
"Its funny, because its not Free Trade that hurts our economy.
Its Top Down management our Government that hurts our economy, which is Socialistic and Facist.

Rich people get rich because of the Government typically. So you are looking at the wrong cause of our current Economic and social issues. Government is a fault, Free Trade is the solution."

I guess you must have missed the 1920's didn't you. You have to have rules and regulations or things will turn 'mob-like' in a hurry. You will have a series of vertial, stove-pipe like corporations that run everything and everyone's future dependent on the decisions of the few at the top. That is far more fascist than anything the government could come up with because they are not elected nor do they have term limits. Everyone is stuck and a depression will soon follow. Read up on history my man. Your socialist countries have us by 35 cents on the dollar. Deregulation of banks and corporations have lead to our current sitaution, not government involvement. Sigh...
 
Everyone lets all get together and boycott any company that offshores anything! Research Development Manufacturing! Buy local, recycle, vote come on it's a democracy we have freedoms! This is our country lets own it!!!!
 
[citation][nom]Kurz[/nom]You are naive to think America is anywhere close to being a Capitalist country, let me list the few reasons why Companies moved their manufactoring.TAXES (Highest corporation tax in the World)Regulation(Some of the highest Regulations in the world[/citation]

America's EFFECTIVE corporate tax is the second lowest in the developed world (as a percentage of GDP America collects half the OECD average in corporate taxes) and the capital gains and dividend taxes are also low compared to other developed countries. European countries have more regulation. Stop regurgitating heritage foundation propaganda and start thinking for yourself.
 
[citation][nom]Kurz[/nom]Omg... You just see the labor costs which typically a small part of the problem.Government is the biggest part of the problem why they work in China.[/citation]

Regulations and taxes would have to be negative (which is, of course, impossible) to bridge the gap between $12 an hour and $2 an hour. Just do the math.
 
Well you know the solution to this: undo all social services, cut education funding entirely, and get our workers back into the conditions of the industrial revolution that made America great! #sarcasm

It's funny that the same people who said free trade and globalization would lead to the opposite conditions we are seeing now, preach further deregulation and more unbridled capitalism; maybe we aren't the ones who stand to gain and we should probably stop listening to the ones who do.
 
[citation][nom]Gulli[/nom]Regulations and taxes would have to be negative (which is, of course, impossible) to bridge the gap between $12 an hour and $2 an hour. Just do the math.[/citation]

Ha There are more than just Labor costs incurred.
Property costs, Energy, Transporation, Tarrifs, Bribe money, etc... Labor costs are but a small part of the overall cost structure.
 
[citation][nom]thrasher32[/nom]Socialist and Fascist is it? Please extract your cranium from your rectum.[/citation]

socialism (ˈsəʊʃəˌlɪzəm)

— n
1. Compare capitalism an economic theory or system in which the means of production, distribution, and exchange are owned by the community collectively, usually through the state. It is characterized by production for use rather than profit, by equality of individual wealth, by the absence of competitive economic activity, and, usually, by government determination of investment, prices, and production levels

You don't own yourself or your property in this country.
 
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