The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mike M2 who wrote (176838)	1/13/2009 1:25:52 PM
From: Lizzie Tudor	Read Replies (2) of 306849

hey Mike- what are you trying to say exactly. My point is that starting in 2000, the internet enabled offshoring of white collar professional jobs and adding this *NEW* level of offshoring to the prior mfg offshoring that occurred in the 80s, it took the economy down, leaving us with job creation figures of 375K jobs/year for the entire decade, or 15% of the job growth required to sustain population growth. This happened under Bush, who surely was aware of the issue, and made absolutely NO mention of it, instead choosing to focus on home ownership as the big win for the economy in this decade. You then said: - we offshored manufacturing already - Al Gore invented the internet bla bla - Clinton signed Nafta and this one, - engineering has been offshored. YES ok we agree. Engineering and programming and white collar finance professionals have been offshored, and that is the ISSUE, this put us over the top, we now have an economy that can't create jobs no matter what, and it needs to be fixed. What exactly are YOU trying to say?

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