Monday, 10 March 2008

Boeings lcd

It's always 'interesting' watching, listening to the wranglings and hearty outpourings over the so-called loss of national standings (aka Boeing, McCain et all). But globalisation's been going on for centuries. It's just in this day and age the time to source part b from across the globe, only takes a couple of weeks and not years.

No country wants to have itself swamped, every country wants to protect its citizens employment base, unless of course the employment base gets to uppity; then a dose of unemployment (especially with the potential loss of their homes), would show them who's boss.

But with the global race downward towards the lowest common denominator of price continuing apace, more people on the ground level at home are losing jobs (which are transferred elsewhere), whilst the eating heads of big business complain they aren't making as much profit as they could due to been uncompetitive and having to worry about labour costs.

Amazing how, at the end of the day, when billions are made in net profits, it's usually the directors who see the greatest benefit, whilst the lowly employee gets a 1.49% rise in salary and has to thank his or hers, lucky stars they are still employed for another month.

But then, barring a slip up, it will either be China or India who will take technology to the next level and there the companies can still tread roughshod over the rights of the many.

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