Replies to post #59840 on Tornado Alley (PROG)

[BullNBear52]

And North Carolina recognized they had a great opportunity to become a magnet for the health care industry. And a lot of their textile workers -- with government help, called trade adjustment assistance -- went to community colleges to gain new skills. And it turns out that when you analyze what happened, just the added value -- just kind of the increase in productivity and the relevancy of the job training made the wages higher for those than they were in the textile industry. There's a classic example of how to respond, rather than throwing up trade barriers.

There are some sections of NC that were devastated by the loss of the textile industry here. The health care industry that they reference gre up in Research Triangle Park near raleigh and a lot of those jobs ended up being imported.

[F6]

all -- continuing the theme of the post to which this post is a reply and preceding -- http://investorshub.advfn.com/boards/read_msg.asp?message_id=27682997 (thanks Stephanie) , http://investorshub.advfn.com/boards/read_msg.asp?message_id=27677403 (thanks Peg) and http://investorshub.advfn.com/boards/read_msg.asp?message_id=27675059 (thanks BullNBear52)