|Quoting SJCRRPAX (Reply 9):|
Do you care about getting a good paying job in the future? Would you like to work in Aviation? You might want to think about protecting your future job prospects a little more, along with your peers. Don't think it can happen? I've seen enough engineers thrown out of work because a cheaper one can be hired in China or India. Did you read James Oberstar’s comments? Do you think there is nothing to worry about? I'm old enough where I don't need to worry, but I'd like my kids to be able to work in the future.
Let's not get overly dramatic or anything.
Sure, if the aviation industry is opened up, just like as the world's global economy is opened up, people will lose their jobs. But that's only part of the story. When jobs are lost in one place, new jobs are created somewhere else. Diverting non-core activities to lower-cost source producers/vendors in foreign countries frees up U.S. economic capital to be invested in new activities here in the U.S.
So, what's the answer? If globalization is a foregone conclusion, should the U.S. -- the world's largest economy -- just shut down and not open up to the same extent of the world's other major economic players? What effect would that
have on U.S. workers' jobs? A look back at the history and impact of the Smoot-Hawley Tariff is quite instructive in telling us all we need to know about what happens when people focus too much on preserving "good paying job[s]" at the expense of economic expansion.
In the U.S. economy -- and, indeed, the world's economy going forward, the emphasis will be on education and flexibility. Generally speaking, people today who want to have a chance at participating successfully and prosperously in the new economy, and getting a "good paying job," simply must have an education -- plain and simple. Secondly, people in today's new economy will be required to be constantly flexibly, moving around as the economy changes, as it will do with increasing volatility in coming decades.
Now, I understand that this is painful for workers of yesterday's generation, born into the old economy, to handle. Thirty years ago, entering the corporate workforce required neither a college degree nor flexibility. One could join a company in their early 20s with little or no meaningful post-secondary education and expect that as long as they did a good job, or even didn't only a mediocre job (if they had a good union), their employer could be counted on to provide good pay, good benefits, a good pension, medical and dental, etc. Well those days are over.
The economy is more volatile and competitive because of global competition and there is no going back. But that is not a bad thing. Americans can today have things they could never afford to have because of globalization and the economic advantages of comparative advantages that it amplifies.
|Quoting SJCRRPAX (Reply 9):|
In addition, U.S. airline employees could lose high-quality job opportunities, in favor of employees of the foreign carrier.
It's called "compromise." I think you'd agree that even the most pro-Open Skies proponents in the U.S. and the E.U. know, if they're being fully honest, that there is absolutely no way the U.S. will ever allow E.U. carriers cabotage. It won't happen, and the latest proposal to which Oberstar is referring doesn't include any such thing.