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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (12748)	10/17/2003 2:47:25 PM
From: Neeka	Read Replies (2) \| Respond to of 793594

IMO you can blame the American consumer. If you can convince them to pay higher costs for American made vs foreign made products you will have solved the problem. M Ford announces $US1 billion China expansion plan 18 October 2003 BEIJING: US auto giant Ford Motor Co said yesterday it would boost investment by more than $US1 billion ($NZ1.7 billion) over the next few years as part of ambitious expansion plans in China's fast-expanding car market. "The automotive future of China is very bright and we are participating fully in its growth. I am pleased to reaffirm our long-term plans for China," chief executive officer Bill Ford told reporters on his first trip to China. Production at its joint venture Chongqing Changan Automobile Co Ltd would rise to 150,000 units from a current 20,000, as part of an expansion that would include a second car plant and engine plant. He did not give a timeframe. stuff.co.nz

To: Lizzie Tudor who wrote (12748)	10/18/2003 1:09:21 AM
From: D. Long	Read Replies (1) \| Respond to of 793594

How do you explain the fact that Amazon, Yahoo and ebay are exceeding their own growth prospects? Three companies out of how many bombed enterprises? Amazon and Ebay provide tangible services and have an established brand, Yahoo is diversified. I agree there was a frothy period in the 90s that lasted 2 years. Prior to that, real business was going on, and most of that business is actually back, now. Employment isn't back, but sales are back. Well actually employment IS back, but it is not in the US. Frothy period? That's putting it mildly. Real business in computerizing the business and home. Real business in networking business. Even that was oversold. The vast masses of crash and burn dot.coms were empty shells burning VC cash, with no product, no plan, no future. By 2000, when VCs started pulling back the spigot on the trough, and advertising revenues started plunging, the floor came out. That left a lot of frankly surplus labor in the lurch. That excess labor isn't going to be hired back, IMHO. With employers now asking for higher standards, and more work per employee, that labor is going to stay unemployed or move into other sectors. The labor being shipped offshore isn't a large proportion of the tech labor force. The engineering, project management, and basic service tech jobs aren't going anywhere. You seem to be a programmer, so I can understand how from your point of view, the world is coming apart. Your ox is being gored. Derek