JOBS, JOBS...it is all about REAL JOBS

We now a NEW, unproven, but "inspiring" new leader of the world and PRESIDENT. Clinton was elected because he told GEORGE the first, that it was the ECONOMY and he won. President-elect Obama said he would SAVE the world from the incompentence of GEORGE the second... now he must do what he said...but it is clear that the UNITED STATES has EXPORTED all of the key manufacturing jobs, under the banner of "free trade" which really means focusing on only the STOCKHOLDERS and MANAGEMENT and not all of the key STAKEHOLDERS.

In my most recent Chief Executive magazine article, entilted "Who’s Going The WRONG WAY?" I made the point that the United States may be the best place of US companies to MAKE its products...this is what I said:

Why the U.S.?

• The U.S. is still a very large, affluent and growing market for many of the products and services these companies provide. It has a low inflationary rate; stable government and legal system; a large skilled, highly productive workforce; and protects patents and copyrights.

Pros include: Stable wages and benefits. Wages and benefits in the U.S. become increasingly more competitive as unions and workers accept that they will not get pensions, must have their own 401(k) plans, and, in many cases, pay more toward health care. Strong infrastructure. The U.S. has increasingly focused on improving the quality of air, water and preserving natural resources.

• Quality of life is far superior and, while infrastructure has been neglected, it is still competitive and will improve in time. Information/communications networks are second to none. Abundant management and productive workforce. The university and professional schools in the U.S. are still among the best. There are an ample supply of qualified business graduates and, despite declining enrollments, science and engineering programs remain competitive and can be increased with the right incentives. State and local governments competing for jobs and investment. Major locations in the U.S., such as Michigan, New York, Massachusetts and Connecticut, are aggressively soliciting companies to build plants in their states with tax incentives and other support
  
• Security. U.S. laws protect copyrights and patents. Its workforce can be more loyal to their companies than to the nation. Travel is easier, safer and not as complex. It is easier to protect facilities and key people in the U.S. than in a developing, often unfriendly country. Stable and consistent financial requirements. The U.S. has a strong heritage of sound financial and accounting practices that are more stable and understandable than China or other developing nations

If a company wants to be incorporated in the United States and be considered American it must first serve its American workers, communities and governments... if it does not then it should set up it headquarters int China, India, or other countries and not consider itself an AMERICAN company... they are like the MAN WITHOUT A COUNTRY...they can live on ships and go to the most desirable port and not belong to anyone. If you recall the Man without a country he died having nothing and so will those to decide they are global and not loyal to any one country....MAJOR companies, like GE, GM, IBM, and other, have a choice... if they don't provide good, challenging and paying jobs in the US they have failed all their key STAKEHOLDERS.

Bill Rothschild, author of the ONLY objective, comprehensive and insightful book on GE..THE SECRET TO GE's SUCCESS...