Originally Posted by Val
Yes, that's it exactly. It's true that manufacturing jobs are moving overseas, but there are many skilled jobs in between manufacturing and white-collar jobs (which are also being shipped overseas). They include work for plumbers, electricians, entry-level technicians (e.g. glassware washing and care, etc.), auto mechanic, etc. etc.

The non-college skilled labor jobs may require at least average intelligence -- an IQ of 100. What do the 150 million (at least) Americans with IQ < 100 do? The harsh reality is that they may have to take low-skilled jobs with commensurate wages.
Everyone is employable at some wage, so I favor eliminating or at least reducing the minimum wage.

"To see what is in front of one's nose needs a constant struggle." - George Orwell