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Strategies & Market Trends : The New Economy and its Winners
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To: Bill Harmond who wrote (20027)3/30/2004 1:32:48 PM
From: Lizzie Tudor  Read Replies (4) of 57684
 
here is what I have known for some time.

"Most buyers in the previous study expected gains in efficiency in the range of 50 percent. Today, those expectations have declined to 10 to 20 percent."

I don't think 20% is enough savings, and US rates are going down. But the problem is that the manifestation of this business trend is troublesome. We (the US economy) did not win with this. India's markets are closed, their currency is partially pegged and lots of business IP went over there for a one time benefit. This is not the way free trade is supposed to work, we need a better plan. All this did was destroy a lot of people's livelihood and reduce the number of new entrants to US engineering schools by 25%.
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