Outscourcing Innovation...And Everything Else: America's Has-Been Economy

A country cannot be a superpower without a high tech economy, and America's high tech economy is eroding as I write. The erosion began when US corporations outsourced manufacturing. Today many US companies are little more than a brand name selling goods made in Asia. Corporate outsourcers and their apologists presented the loss of manufacturing capability as a positive development. Manufacturing, they said, was the "old economy," whose loss to Asia ensured Americans lower consumer prices and greater shareholder returns. The American future was in the "new economy" of high tech knowledge jobs. This assertion became an article of faith. Few considered how a country could maintain a technological lead when it did not manufacture. So far in the 21st century there is scant sign of the American "new economy." The promised knowledge-based jobs have not appeared. To the contrary, the Bureau of Labor Statistics reports a net loss of 221,000 jobs in six major engineering job classifications. Today many computer, electrical and electronics engineers, who were well paid at the end of the 20th century, are unemployed and cannot find work. A country that doesn't manufacture doesn't need as many engineers, and much of the work that remains is being outsourced or filled with cheaper foreigners brought into the country on H-lb and L-1 work visas. [more]

• American Jobs" is a documentary film that explores the loss of American jobs to foreign competition. The result of a six-month personal investigation by first-time filmmaker Greg Spott [more]