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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey James who wrote (10727)	6/2/2000 9:45:00 AM
From: Diana	Respond to of 24042

Absolutely. Person to person conversation is the only weak link.

To: Jeffrey James who wrote (10727)	6/2/2000 10:09:00 AM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 24042

OT//Good post Jeffrey. The law of unintended consequences is exactly that: jobs moving out to India. And there is nothing Pat Buchanan can do about it. ANY hint at protectionist legislation will result in a 1929 or 1987 market collapse. The ONLY solution to improve worker's take home pay is to cut his taxes and allow him to keep more of his already large ( by world standards ) paycheck. Let the worker decide to which of the 1 million worthy causes he wants to spend charity money on : the poor, the sick,the hungry,the unwed,the crop failures,AIDS, cancer research,heart disease research,the homeless, the wandering mentally ill,foreign aid, Israel aid, Russian aid, failed Savings and Loan aid, other aid, etc etc etc. Doing it this way ( i.e., with free choice ) he will at least get some credit in the after life< vbg>. If he is charitable ( with his huge tax bill ) only because the Internal Revenue service has a gun to his head, he definitely gets no credit in Heaven; waste of time and money, <vbg>, :-) TA Message #10727 from Jeffrey James at Jun 2, 2000 9:34 AM ET Low unemployment, productivity and out-source to India. I live in the Boston area where unemployment is zip. We have lots of reqs for engineers and programmers. We would pay well if we can find the right skills, but it's hard to find anyone to even apply. We can't find the people we need flipping hamburgers at McDonalds. The positions have to stay unfilled. The result is our productivity is way up. Sales are booming. We can't find people, so head count remains constant. Somehow, the important work gets done. We are moving some work to India. Smart people, good people. Raises productivity again since the wages of a programmer in India is much lower than here. Law of unintended consequences in action