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Originally Posted by rickholio
I'd love to see a citation of this. Not saying that I don't believe you, but I've never come across anything that says a worker in the US is 10x more efficient than a worker in Europe due to some magical machine (that could be duplicated) or some special training (that could be exported). I'll assume that 10x is hyperbole for demonstration purposes... but I'd still like to see a citation where widgets are being produced in the US over, say, china... and why. I suspect in many of those cases, it's simply because it minimizes shipping costs. If so, then that's in line with what I predicted in an earlier posting: That oppressive shipping costs bourne of increased price in fuel will help equalize that pressure.
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Agriculture is the first thing that pops into my mind.
And regardless of globalization, almost all of the jobs out there require some measure of proximity to the company location (office), so this run to the bottom Wal-Mart stuff probably won't ever happen, and if it does, it won't be for many many years after we are dead.