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Friday
Nov212008

Unions, Offshoring, Pensions and Regulations as Bogeymen?

Seeing the leaders of the Big Three car makers begging Congress last week for a federal bailout was a sobering sight, and one that begged the question, "How did U.S. manufacturing get into this mess?"

Many Americans seem uninterested in digging into the real reasons for our industrial malaise, instead choosing to point a finger at some familiar bogeymen: unions, healthcare costs, offshoring, pensions, government regulations, and currency fluctuations.

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