Notes: America's corporations set up manufacturing operations overseas to take advantage of cheap labor, little or no benefits and loose labor regulation. This enhances the Holy Grail of corporate America -- profits. They lower production costs while selling the product at nearly the same price as when it was manufactured in the United States.

Are we on the road to being solely a service industry country? Is that good or bad? I don't know the answers to that, but the answer to the first one seems to be yes. There's something disturbing about losing the manufacturing sector in this country. One thing is certain: It means sending American jobs overseas.
12.14.03