Awaiting rebound: Ohio bleeds middle-class positions
Friday, January 25, 2013
One of the most outspoken is Alan Tonelson, a researcher with the United States Business and Industry Council, a Washington-based advocacy group representing medium and small manufacturers.
Tonelson argues education alone won’t help American workers get jobs because U.S. trade policy gives Third World nations an unfair advantage in global markets.
China, India and other developing nations “like every other government on earth understands the value of improving its population’s education and skill levels,” he said. “At the same time, they retrain such enormous amounts of surplus labor that their wages will remain very low even for highly skilled workers.”
Tonelson said the effect of the tilted playing field is seen in the continued loss of the market share held by U.S. firms within their own country.
“Companies losing market share in their own backyard would never be described as successes,” he said in a report released earlier this month.
Tonelson said his research showed imports in 2011 had captured a record share of U.S. markets for advanced manufactured goods, such semiconductors, construction machinery, high-tech medical equipment and machine tools.
Many of those manufacturers were among those Ohio high-tech industries that have seen shrinking payrolls in the past decade.Click here to read the article...