Well it's a tad more complicated than that on both the BP spill and the financial system. The companies originating the loans were meeting quotas and they were bundling the loans and selling them off. So nobody had to take the heat for bad loans. The ecological effects of the BP spill may have been overblown, but people still lost their lives from the accident.
Seems to me that the BP spill is well cleaned up & way overblown. The financial/housing collapse wasn't from lax regulation, but excessive intervention. From the "community redevelopment" initiative begun under Pres. Carter, to the so-called anti-redlining of ACORN, the political class has leaned on banks to make home loans based on political correctness instead of financial soundness. The implied gov't backing thru Freddie Mac & Fannie Mae ensured that the bubble would expand to catastropic size. Bankers are greedy, but not stupid -- they wouldn't risk their own money, but politicians were more than willing to risk the taxpayers' to make themselves look like heroes. They risked - we lost. And some of us, amazingly, think the solution is even more power, thru more regulations, for the politicians who caused the problem ......
I believe the move of manufacturing to Asia was fueled by simple economics. Just as plants moved to the South in the 1970s and 1980s because of cheaper labor, it moved to Asia in the 1990s and 2000s for the same reason. I agree part of the solution is investment in education and research. But that won't bring back the high-volume, low-mix manufacturing. As for regulation, careful, careful. The BP spill was an example of regulations gone lax -- not to mention the financial and housing collapse.
It seems to me that the premise of the answers is flawed -- that gov't action is what drives manufacturing.
"Yes, by funding research, education, and tax credits" Other than weapons systems, politicians track record on creating productive enterprises is pretty spotty; Solyndra is jsut a recent example.
"Yes, in principle, but without spending taxpayer money" Manufacturing didn't flee the US because politicians were spending too little money; they were driven out by politicians interfering too much -- regulatory strangulation, burdensome taxes, pandering to unions, swarming lawyers.
"No, the government shouldn't pick winners and losers" Politicians don't pick winners & losers; they rob the "winners" & use the loot to buy the support of the "losers".
Politicians should be creating simple laws & enforcing them fairly, keeping the burden that the political sector places on the productive sector as low as possible. That will free manufacturing to return to the land of the free & the home of the brave.
Because of the increasing ubiquity of wearable technology, it would be easy to think that design of wearable devices is routine and involves common design and engineering knowledge. Missed efforts in development will be remembered once the devices are used in the field
This grab-bag of new fasteners and adhesives work with a range of materials they can attach to, as well as a wide variety of applications. Several are for use in consumer applications, such as wearables or other compact electronic assemblies, and some of the adhesives have extended service temperature ranges and cure at room temperature.
As governments, associations, and NGOs around the world seek to protect consumers, national and regional standards are becoming mandatory, challenging manufacturers and making testing and certification necessary for any product developed and brought to market.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.