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Technology Stocks : All About Sun Microsystems
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To: Peter O'Brien who wrote (59392)3/10/2004 9:34:51 PM
From: cheryl williamson  Read Replies (1) of 64865
 
Great big loss... Infosys moves to NV where they can offshore in bliss. You're short-sighted. Now it's CA,come November it's going to be federalized. Then Infosys will have to move to India. Good riddance.

All of this is the standard fear tactics. Most companies won't just up and leave because of taxes on offshoring jobs. They will comply and hire Californians instead. Once the US economy gets moving (after Bush is gone) the extra cost will get built into prices.

Remember the old Keynesian phrase "a little inflation is good".
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