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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Levine who wrote (7525)10/15/2003 10:09:09 AM
From: robert b furman  Respond to of 25522
 
Hi Fred,

Very well stated.

Makes good sense until one is displaced.

Having an economy that adjusts quickly and is flexible will insure maximum future quality of life.

Bob



To: Fred Levine who wrote (7525)10/15/2003 11:11:36 AM
From: Big Bucks  Read Replies (3) | Respond to of 25522
 
Fred,
I'm curious. These factories in India where the labor
cost is $1 a day, how much profit are the owners making?
It sounds like sweat shop labor to me, with the workers
only getting some crumbs from the pie. There is no way for
US or other highly industrialized countries to compete
unless import limits or high tariffs are imposed to
protect their manufacturing base. BB


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