Has globalization advantage of cheap labor been replaced with US skilled labor resources?
The answer to this question is no. At the present moment US skilled labor resources have not replace globalization cheap labor. Unemployment is still high in America and America will go through a stagnate period of creating jobs for its citizens. My view about the globalization is that it made it much easier for the capitalist to make more money. Much Much Much more. Where as in the past foreign companies where not able to set up businesses outside of their country globalization remove the barriers to make it much easier so this can happen. For years it said a lot of jobs where being taken away from the American people and going to third world countries. From a business point of view this would be right choice. You pay the workers less in the foreign country so your wage bill be much much much lower. The amount of taxes the company pay at home might be way much higher if they paid taxes in a foreign country. I do not see this happening at present and i do not seeing it happening in the
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