The Occasional Observer

Americans have become increasingly comfortable with the idea of exporting our manufacturing jobs because, as the argument goes, the R&D side of manufacturing is staying here in the US. And, the economists tell us, R&D is where "the real money" is made, and the "well paying jobs" are.

The NYT, in a surprisingly useful article, asks the question, "can we still be the hotbed of innovation when our production capacity is gone?" As they say, it is a question infrequently asked, which is unfortunate, since we're staking our economic future on it.