American Economy suffering on account of outsourcing of work for cheap lebour and making maximum profit in the end product. However even the outside lebour in China and other countries also becoming expensive.
Besides that American education system is also not producing enough numbers of Technocrats. The 80% of the students are dropout after school graduation. The 40% of the students in the American Universities are from outside. Therefore President Barack Obama, Stress more importance on improving the American education system and increasing the manufacturing activities in America it self. That means America will have to produce quality Goods which can stand in the world market in terms of prices.
It will be interesting to know that which products are manufactured in America then the goods which are imported from abroad. The computers are being now assemble in America instead of sending to China. The new investment is coming through in manufacturing furniture. Even Airbus has started building Jet on American soil. The General Electric have started exporting batteries which are made in America. Rolls-Royce and Volkswagen are also increasing it Auto mfg activities in America to fulfill their large orders.Besides that process food industries is also doing well. Shoes/ Sneaker, Toys, are also manufactured of very high qualities. There are many manufacturing activities which are being revived. However only half million jobs are created by manufacturing activities against the large loss of jobs. The one of the reasons are that those manufacturing activities are driven with high tech and automation which requires less people.
The uncertainty in the immigration reforms are also creating lot of scarcity for high skilled workers. This problem has to be solve by American leadership in order to boast up the manufacturing activities and to reverse the trend of outsourcing.
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