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


To: Dr. Voodoo who wrote (494993)11/18/2003 4:21:20 PM
From: Joel Karlinsky  Read Replies (2) | Respond to of 769670
 
Yes, but they can't live here for less. So eventually, you have to pay them more, or pay other people doing the same work less. And insofar as other countries ripping off our technology, that will happen. Why, because it can. China rips off our technology all the time. We go over there because it's cheaper initially, set up the factory, and teach them how to do the job. Eventually, they won't need us to teach them. We've essentially bootstrapped them up the learning curve. No, production of goods always goes to the lowest labor cost market. And this will happen with intellectual activity as well, in time. Only certain services that are extremely specialized will remain high valued and high priced in this country. The average standard of living will go down here.....eventually. Unless things change.



To: Dr. Voodoo who wrote (494993)11/18/2003 4:21:52 PM
From: laura_bush  Read Replies (1) | Respond to of 769670
 
Dr. Voodoo: I'm still confused as to your position with your pharma.

Do you run the place? -g

Re my former neighbor: he was able to retire via the Viagra/bubble -g- PFE ramp with tons of stock options.

Becoming bored, he is now working within the law, obviously, to bring RNs to this country.

There IS a shortage, you might know, of nurses here.

I don't at the moment know the details of his labor importing business. Seems to me that it's 'way cool. Supply and demand, you know.

lb