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

To: Lizzie Tudor who wrote (455617)	9/9/2003 6:05:55 PM
From: Bill	Read Replies (1) \| Respond to of 769670

McKinsey never said that. I just knew you didn't read it, or if you did, didn't understand it. Not that it's really relevant to the points I made. It amazes me that you have such a shallow understanding of basic economic principles. If a company saves $100k by shipping a job offshore, a portion of that 100K is taxable as corp income, gets reinvested in hiring another employee, gets distributed to shareholders (where it is taxed again), and is used for capital investment. I just wanted to bet you that tax receipts do not decline from here on forward, regardless of the offshoring phenomenon. For some reason, you want to link some congressman's pork into the discussion.