Andy Grove article in 2010 warning about USA tech industry manufacturing & engg. job losses, and suggested solutions
Last updated on 29th March 2016 I was not aware of this side of the Late Andy Grove of Intel. Here's his thought-provoking and insightful 2010 article, Andy Grove: How America Can Create Jobs, http://www.bloomberg.com/news/articles/2010-07-01/andy-grove-how-america-can-create-jobs . While I would recommend readers interested in this topic to read the whole article, given below are a couple of short extracts from it: --- start short extracts --- You could say, as many do, that shipping jobs overseas is no big deal because the high-value work—and much of the profits—remain in the U.S. That may well be so. But what kind of a society are we going to have if it consists of highly paid people doing high-value-added work—and masses of unemployed? ... Our fundamental economic beliefs, which we have elevated from a conviction based on observation to an unquestioned truism, is that the free market is the best of all economic systems—the freer the better. Our generation has seen ...