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To: Elroy Jetson who wrote (11928)	7/30/2003 6:40:35 PM
From: patron_anejo_por_favor	Respond to of 306849

1.35 woulda just bought 'em some time (and not alot of it). If they were really serious, they'd undercut the Malaysians and offer 12 cents an hour...job security at last!

To: Elroy Jetson who wrote (11928)	7/30/2003 6:49:32 PM
From: MulhollandDrive	Respond to of 306849

unfortunately for them the horse was well out of the barn decades before their last contract negotiation.. the die has already been cast

To: Elroy Jetson who wrote (11928)	7/30/2003 6:51:16 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 306849

well, textiles are probably toast for US jobs but the service industry jobs which are going to india can stand for a little playing field levelling on the part of washington. First of all, some gartner group surveys show that costs to hire an indian workforce (in india) is 60% of the cost of a US workforce. Well, that ratio is workable imho because you give up alot with an offshore team. If we fix the tax system and don't tax the workforce thats a start. Float the currencies, things like that. If India and China won't play ball, tariff 'em. Note that I am a proponent of free trade but we let the Japanese get away with way, way too much in the 80s and I don't want to see that happen again. We the US can compete in a fair free trade system but not one that is rigged wrt the currency valuations, imho.