This is old news, but my excuse is that it took me a while to find it again, after I first saw it.
This report suggests that the economics of manufacturing AND delivery is causing some companies to rethink their decisions with regard to "off shoring".
Perhaps, if we want to bring jobs back to the US, the Federal and State Governments should be focusing on infrastructure and simplification of rules and regulations.
If we accept that the days of the UAW riding high may be over and scope down our expectations a tad (having grown up in the 1940s and 50s my goal was to some day earn $10,000 a year) we can again have good, solid manufacturing jobs. That said, with jobs coming back, unions could again grow in size and responsibility and partner with management. At the same time, manufacturing executives need to accept that they are not going to be the next Bill Gates, compensation wise. Going along with that would be a recognition that not every smart manager is a smart manager. If author Nassim Taleb♠ is to be believed, a lot of times successful managers are just folks who have caught a long run of luck.
Put another way, if we are all willing to share and share alike we can have a bigger pie overall.
Regards — Cliff
♠ For example, The Black Swan: The Impact of the Highly Improbable and Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
10 months ago