3/8/08

No wonder the dollar is weak

About 75%, yes 75%!, of the employment gains over the past year have been in health care and restaurants, according to the Liscio Report.

What is happening to us? What happens to rocket scientists, electrical engineers, physicists, mechanical engineers, ....

The dollar reflects our productivity growth. But we cannot be more competitive in the world arena by becoming better waiters.

More on https://www.peterdag.com/.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

1 comment:

Unknown said...

My wife and I are manufacturing engineers. We have worked for GM, Delco Electronics, Delphi, American Axle, and now, the Detroit Tank Arsenal. Federal employment is better than starving [or waitering]. However, we would much rather be developing alternative energy products than military vehicles.