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 (43658)	12/19/2003 8:18:57 PM
From: Seeker of Truth	Read Replies (1) of 74559

Actually it is the Americans who are abandoning high tech. From 1998 to 2002 there has been a ten per cent decrease in the number of Ph.D. degrees in science and engineering granted by U.S. universities. 35% of those who received these degrees were not U.S. citizens. I suppose the slogan is "Outsource the high tech invention to the Chinese. They are cheaper to hire. We can do the consumption."

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