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To: marginmike who wrote (207729)	12/3/2002 2:59:44 PM
From: JHP	Respond to of 436258

is he going to live at a homeless shelter?

To: marginmike who wrote (207729)	12/3/2002 3:00:07 PM
From: BigMoney	Respond to of 436258

you gonna make him your b*tch?

To: marginmike who wrote (207729)	12/3/2002 3:03:36 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 436258

are you serious? which is it? was he that much overpaid previously? or are things so tough now that they will basically work for food?

To: marginmike who wrote (207729)	12/3/2002 3:19:08 PM
From: Horgad	Read Replies (1) \| Respond to of 436258

Ouch, not a trend that I am in favor of, but there is no point in denying it. It is common knowledge in in the programming community here in Indianapolis that if you lose your job you are going to have to take a cut if you want to have a hope of finding another one. Basically we are going back to the pre dot com salaries one lay off at a time.

To: marginmike who wrote (207729)	12/3/2002 3:53:20 PM
From: bruceleroy1_-	Read Replies (3) \| Respond to of 436258

<Just hired a programer, for 30% of his former salary > IMO, programmers are overpaid anyway so it's about time they get paid at fair value.

To: marginmike who wrote (207729)	12/3/2002 4:57:00 PM
From: Les H	Respond to of 436258

I remember in March of 2000 when they ran radio ads for $ 200,000 web site developers (aka programmers). That was when a desktop, a laptop, cell phones, and other hardware were normal home perks as well as a contracting company providing bmw's or mercedes for each of their consulting programmers.

To: marginmike who wrote (207729)	12/3/2002 8:43:10 PM
From: Terry Maloney	Read Replies (1) \| Respond to of 436258

mr millionaire, you're attaining guru status with posts like that ...

To: marginmike who wrote (207729)	12/3/2002 9:46:05 PM
From: robnhood	Read Replies (1) \| Respond to of 436258

Deflation baby--- seductive face, but one mean MF'R <<offal () ID#175191: Copyright © 2002 offal/Kitco Inc. All rights reserved click here ... Mr. Kanno at J.P. Morgan says the surge in the yen and rise of China as the world's cheapest manufacturer, was a major factor in the transition to deflation in Japan. nationalpost.com{62CC0032-4AA2-4CC4-A540-D3633CD72D5E} "That is the main source of the wage deflation." The wage differential between the two countries is about 40 times, an advantage that will let foreign investors overlook just about anything, including rampant corruption and a rickety financial sector. While China's share of U.S. imports has doubled to 11% in the past decade, the United States has a much smaller manufacturing base than Japan -- a key factor that Mr. Kanno thinks will prevent U.S. wages from coming under downward pressure -- at least for now. "Let's say five years from today, China will be a country that's exporting automobiles," Mr. Kanno speculates. "The auto industry is the last big manufacturing industry in the U.S. What do you think could happen? Even the Big Three will have a big incentive to shift production to China to keep market share. Then I'd say the U.S. would be in a similar situation to Japan." >>