Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (44432)	1/8/2004 11:14:03 AM
From: RealMuLan	Read Replies (1) of 74559

"It's interesting to me that so many people talk about China or India or Russia as being a source of low-cost labor," Fiorina said. "Truthfully, over the long term, the greater threat is the source of well-educated labor. And if you look at the number of college-educated students that China graduates every year, it's close to 40 million. The law of large numbers is fairly compelling." Message 19667840 The changes made after 9.11 in the US immigration policy have effectively switched from accepting at least some skilled labor to accepting little skilled labor but as many as illegal immigrants<g> very "smart" move indeed!

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