Interesting article that takes a rather optimistic look at the future of US manufacturing. The basic idea is that GE and others are actually starting to ship some of their manufacturing jobs and facilities back to the US. Why? Mostly because wages in China are rising, gas prices are rising, energy costs in the US are shrinking, labor unions aren’t as greedy, and they’re scared the Chinese will steal their high tech designs. Among other things.
So this could indeed be a good thing. If it turns out to be true. As always though, I remain pessimistically doubtful.