The reasons are simple. Primarily labor costs have driven companies to go to Mexico, Vietnam, China and India.

If companies had not outsourced they would not have been competitive and gone out of business anyway. Know-nothing people blame them for taking jobs out of the country. Those jobs would have disappeared because the company would no longer be there.

Today we are seeing a major company, Harley Davidson, moving out of the U.S for 2 reasons. High labor and new, higher taxes being imposed by the administration. New hidden taxes being imposed for the fraudulent environmental reasons with the Cap and Trade bill will add more manufacturing expenses.

Companies are being forced out of the country by greed and stupidity. Greed of the unions and stupidity of environmentalists. Cap and Trade does nothing, zero, to reduce green house gases. We won’t go into that here.

If you want to go into business or just keep a job for the next 20 years there is one fact that must be kept in mind. The company must not be able to outsource its product or service to – where ever – and try to find a growing industry.

Healthcare fits both those categories. It is a hands on industry. The patient needs personal care. Each year more millions of Boomers move into the retiree category. They need medical care of all kinds. Nursing and personal care will be in-demand categories.

The doctor business may not be attracting new young folks because of special tax burdens and regulations. Doctors today are advising their kids not to go into the profession.

Local accounting might be OK, but big accounting firms are now sending their work to India at one fifth the cost of U.S. The investment analysis business is contracting. If you ask for a personal financial plan from a major company such as All State the chances are very good some guy in India created it.

Our tax structure is chasing companies oversea. Recently a donut company moved its headquarters from New York to Canada. California has been losing company after company because of their nutty tax burden s on small business.

Starting as a clerk in a grocery store or Wal-Mart can mean a move up to management as they promote from within. Many have executive training programs that give new hires an edge.

If you chose to work for a major company your college degree will be important. If possible get an advanced degree from one of the big name schools like, Harvard, Yale, Northwestern, UCLA. Get to know and keep track of every classmate. You never can tell if one might be another Bill Gates and need you.

Going into business is always an option.

If you are seeking a career try to determine if the industry is growing and will be in existence in this country 10 or 20 years from now.

Copyright 2009 Albert W. Thomas All rights reserved. Author of "IF IT DOESN'T GO UP, DON'T BUY IT!"