Reply #329: Protectionism isn't the answer - Adaption and Value-Add [View All]

[SahaleArm]

Much to the chagrin of the protectionists on DU, product development jobs in the software industry aren't leaving the US. It's a cultural thing and the reason why US has always been on the forefront of driving technological change.

Why is Europe able to complete in the steel industry but not the US without protecionist measures? The Japanese have shown how to go from a nation without raw resources to a global economic powerhouse. How? By importing low-margin raw materials and exporting high-margin goods for the global market. If people here in the US expect to sit on our collective fat ass and have the world kiss our feet, we're in for a rude surprise.

I would highly suggest reading the Krugman piece above.