Completely agree! And I am also worried about our buying most of our computer chips and pharmaceuticals overseas, in many cases from countries who have sworn to defeat us. This is all in the name of corporate profits. I worked for Kodak for most of my career and saw first hand how "short term management decisions," and by this I mean, "which decision will maximize my personal wealth," destroyed that vaunted company.
Many people believe that Kodak's demise was due to not accepting and transitioning to digital photography soon enough. It was not a bad management decision, it was a conscious, short-term decision to stay with the unbelievably profitable film technology, thus perpetuating management bonuses. The first portable digital camera was developed by a Kodak scientist in 1975, setting off an internal competition between the digital and film technologies. "Film guys" ran the company and were able to keep the digital side in the background even as companies like Sony and Fuji were making great strides in digital technology. In 1993 and for the first time in its history, Kodak went out side the company to hire a new CEO, George Fisher, of Motorola. He immediately saw the problem and divided the company into digital product lines and film product lines. However, it was too late and competitors had taken a major share of the photographic market and never relinquished it.
