You know, the jobs President Obama promises we’ll be world leaders in . . .
Maybe he means they’ll become our leading export.
From Benny Peiser:
International wind-turbine maker Vestas has announced that it will lay off 1900 employees including 600 in the UK. The news was well received by markets, with Vestas raising £700m in a Danish share issue the next day and announcing investments in Chinese plants. It’s a hell of a lot cheaper to make wind turbines in India or China, just like most manufactured goods. So forget about a glorious future of British windmill makers winning orders from around the globe.
–Lewis Page, The Register, 29 April 2009





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