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View Diary: South Korea Makes Significant Advance in Stem Cell Research (210 comments)

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  •  I was looking at faculty positions (4.00)
    for Mechanical Engineers.  Doesn't seem to be a lot of openings.

    The thing that seems to be happening is that the American management class decided to give up on manufacturing.  Actually building a product yourself is full of risks.  So companies have decided to become marketing oriented and outsource all the manufacturing.  But then you don't need nearly as many companies.  And can you possibly need as many engineers?  And science is out of the question, no possible profit there.  I've always believed that this leads to all of us being unemployed.  Eventually, the Chinese and Indians are going to learn how to do the marketing themselves, and the aren't going to need us.  They'll buy the brand names, and poof! America is no longer needed.

    Right now, I don't think American engineers are having trouble finding jobs, but the reason is there are so many jobs in defense.  But I spent 11 years in the Air Force, and I'd kind of like to spend some time doing something that makes life better.  I'm sure a lot of people feel the same way.

    Which finally brings me around to the subject of stem cells.  I've always thought that it's sad that Americans aren't going to be doing the research, but the benefits will be available to us anyway through the efforts of the rest of the world.  At least that's what I hope.

    •  How does an economy net income (none)
      for defense investment? Directly, it only saves opportunity costs, as we're not allowed to lavish in the "spoils of war" these days and at best can only direct outcomes into our favor with threats. In other words, if someone tries to embargo us, we blow them up...but that's not income, it's loss prevention.

      It seems to me the main income opportunity is in arms sales, and we do plenty of that, and gain a bit of leverage with service and parts contracts, but at the same time we are concomitantly weakening our defense position by shipping so much armament abroad.

      It seems to me defense spending is mostly an insurance premium; and virtually everyone will stop paying their insurance policy before they stop paying their mortgage. There is no point in insurance when you're evicted.

      So if our economy tanks there will be either a shift to a rapacious empire approach, which attempts to steal resources and enslave foriegn populations (unlikely in a WMD age), or a retreat into subservience with no ability to protect ourselves from foriegn manipulation.

      Thus a defense-driven economy leads to the fall of the empire.

      The dark at the end of the tunnel is an oncoming age.

      by peeder on Thu May 19, 2005 at 05:48:44 PM PDT

      [ Parent ]

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