U. S. JOBS CREATION

I recently purchased a stake in Intel (INTC) as a core holding in my taxable portfolio.  Aside from their great fundamentals and their 3.38% dividend payout, I'm glad to see them leading the way towards creating jobs here in the United States.  Intel recently announced they are spending billions to build new factories in the U.S..  If more U.S. based corporations would follow suit, we wouldn't have to worry about jobs creation.  New factories here not only create factory jobs but boost consumer spending, leading to creation of residual jobs.  Intel's U.S. factories build products for the world market, so they also help the trade imbalance by boosting exports.

Maybe it would make more sense to locate factories outside the U.S. in the short term, but I think if U.S. corporations continue to follow this path, they will eventually destroy one of their most profitable markets.  Forward looking companies, ones who think long term, would realize the value of creating high paying jobs here.  If we continue to lose jobs, who will buy their products in the future?  That's the question CEO's and investors should be asking themselves.  It's not always a good thing to outsource production, if it results in the destruction of one of your best markets.