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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sammaster who wrote (86704)3/28/2001 9:17:17 AM
From: Don Lloyd  Read Replies (1) of 436258
 
The current layoffs have nothing to do with foreign outsourcing, and everything to do with economic fundamentals.

The fear over the loss of manufacturing jobs in general is likely misplaced. If you are talking about overpriced, government subsidized and protected, union jobs, that is another matter. Even manufacturing companies, foreign and domestic, have large service and support employment components, typically better compensated than direct production non-union workers.

Regards, Don
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