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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: SeachRE who wrote (438904)	8/6/2003 3:00:39 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 769670

(offshoring) see I'm not sure this is a republican vs. deomcrat issue though. And I think having the unions jump on board with their thoughts on the matter is actually a hindrance not a help. My issue is with Bush policies and especially Snow. I think Snow has some of the worst credentials for a treasury secretary I've ever seen, Elaine Chow and the lot of them are way below the caliber required. The Bush team is not the best the republicans have to offer and how in the heck is somebody from the railroad industry going to be able to deal with these issues? This is a republican who is just as concerned as anybody else- We are experiencing a coring out of American manufacturing and service jobs," says Rep. Don Manzullo, R-Ill. "At this rate, no one will have good enough jobs to be able to afford products and services in our country, no matter where the work originates." atlanta.bizjournals.com Here research analysts are being offshored- there are THOUSANDS of research analysts out of work in the US after this bear market... research analyst might have been a job I would have looked at in the past, no more, since I can't live on 10K/year. The scope and type of jobs being farmed out show how vulnerable many professional positions are. J.P. Morgan Chase expects to have 40 research analysts in Mumbai (formerly called Bombay), India, by year's end. Deloitte Consulting has about 1,000 employees in Mumbai and Hyderabad, India, many handling research work. A.T. Kearney uses workers in New Delhi for research and office support. IBM has expanded offices in Bangalore, India, to handle engineering work, and is reportedly considering a big offshore push. Hewlett-Packard has 5,000 employees in India, doing research, developing software and staffing call centers. The companies say they've had Indian workers for years. Oracle has two big development centers in India, and 4,000 employees will be stationed there by year's end. Programmers there pick up projects when their American counterparts leave for the day, and vice versa. That way, Oracle is working 24 hours a day. usatoday.com 4000 employees hired by Oracle in India this year. They are not hiring here in the US, only there. That is why no jobs growth here. Snow should be working triple time, where is he anyway? All I ever hear from him is "prosperity is around the corner". With a treasury secretary like Snow, who needs Bangalore.