Showing posts with label local jobs. Show all posts
Showing posts with label local jobs. Show all posts

Wednesday, February 1, 2012

The disappearing of exports

An opinion piece in the New York Times explores and compares the world of a politician and that of the CEO. Politicians see the world as dominated by voter geography, while CEOs see the world as a global supply chain where anything can be sourced, made and sold.

The author, Thomas Friedman, quotes a Hong Kong manufacturer who says, “Source everywhere, manufacture everywhere, sell everywhere. The whole notion of an ‘export’ is really disappearing.”

But until we vote a one global community, the tension will still exist. So the focus of our elected officials is as key enablers; immigration for the skills, protection of ideas, funding research and provision of logistical infrastructure.

Freidman also alludes to the long-term debt problems of the US, which is not enabled by the four year election cycle. One way around this may be a long-term (longer than four years anyway), bi-partisan, debt-reduction strategy committee - my 2 cents worth, not Freidman's. That is, only if debt-reduction strategy is an important goal for governments.

Click here to read the full article.