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Politics : Formerly About Advanced Micro Devices

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To: Elroy who wrote (275654)2/20/2006 12:03:55 PM
From: Road Walker  Read Replies (1) of 1574481
 
re: I hear you, and its painful for them, but I think labor is going to experience deflation for our entire lifetime. You can't avoid that with 2.2 billion Chinese and Indians entering the world labor market.

Not all labor jobs are exportable; in fact not most. The other pressure is from illegals, willing to do the really lousy jobs for lousy pay. Without the illegals, Americans would be willing to do the really lousy jobs, but with commensurate pay and benefits.

John
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