Tuesday, November 17, 2009

Chasing Corporations Out Of The U.S.

Hope and Change, yep, that’s the ticket.

Chasing Corporations Out Of The U.S.

By ROBERT J. HERBOLD AND SCOTT S. POWELLPosted 11/16/2009 06:16 PM ET

Unemployment is foremost on everyone's mind today. Yet jobs can continue to leave the U.S. because of the threat of new taxes, the convergence of technology, the ease of digital collaboration and ready access to abundant foreign engineering talent.

Multinational corporate executives may have to move R&D, product development, management and manufacturing overseas when there is no longer a comparative advantage to staying in the United States. A shocking thought for sure, but it's the new reality.

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