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

To: Raymond Duray who wrote (451846)	9/2/2003 10:40:51 PM
From: Arthur Radley	Read Replies (1) \| Respond to of 769667

Ray, Do you think the wingnuts will pass the hat to buy Shrub some knee pads since it appears our fearless leader is in for some crow-eating, knee bending, begging and pleading to the French to save his "arse"? U.S. to ask U.N. for wider role in Iraq WASHINGTON (AP) — The Bush administration is preparing to ask the United Nations to transform the U.S.-led force in Iraq to a multinational force and to play a leading role in forming an Iraqi government. President Bush and Secretary of State Colin Powell met on the issue Tuesday and agreed to move forward with a new U.N. resolution, an effort to attract more foreign contributions to postwar Iraq, three senior administration officials said on condition of anonymity. ________________________________________________________ Anyone care to guess how many times the wingers here on SI said Shrub didn't need ANYONE's help in Iraq? Buy your salt and pepper now as soon it will go out of sight with the wingers having to salt and pepper that crow...

To: Raymond Duray who wrote (451846)	9/2/2003 10:42:13 PM
From: Siva Uppalapati	Read Replies (5) \| Respond to of 769667

Raymond, Let's say there is an company X which has most of the employees in high wage country. (say for example japan/germany) There is another company Y which has tapped into a lower man power cost structure (using india for example). Assuming their products are same or about same, Company Y has a structural cost advantage when they compete head-on. In the long run company Y is going to win out (assuming open markets,....). I see American companies having a very low cost structure and lean and tough to compete against after this transformation. I see in the near future, American companies winning. Also people in cheaper wage countries also gain employment. Both are going to in a win-win situation. I understand the pain and dislocation this would cause to the affected people. But in the long run everyone is going to be better off. Siva

To: Raymond Duray who wrote (451846)	9/5/2003 9:26:16 AM
From: microhoogle!	Read Replies (1) \| Respond to of 769667

Raymond, While offshoring has affected people in IT industry - myself included (in terms of depressed wages, people now needing to be on their toes to innovate themselves to be marketable and in many cases job losses) there appears to be a silver lining as McKinsley research suggests in this article. A new study by the McKinsey Global Institute, the think tank of the consulting firm McKinsey & Co., suggests why. When a firm ships a $60-an-hour software job to a $6-an-hour code writer in India, the most obvious benefit goes to the Indian. But, the McKinsey study reports, the U.S. economy receives at least two-thirds of the benefit from offshore outsourcing, compared with the third gained by the lower-wage countries receiving the jobs. American firms and consumers enjoy reduced costs. Larger profits can be reinvested in more innovative businesses at home. New and expanding subcontractors abroad create new markets for U.S. products. And, at least theoretically, displaced U.S. workers will find new jobs in more dynamic industries. Eventual gains however are not comforting to people who have either lost their jobs or are affected in anyway. The bad thing about this trend is that these jobs are gone forever.