Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: quehubo who wrote (18157)	11/30/2003 10:52:51 AM
From: LindyBill	Read Replies (1) \| Respond to of 793690

Yes our neighbor who worked for GE in customer service costing GE $11 an hour is now on welfare because she was replaced by an Indian for $1.50 hour. You will hear tales of it, but the Unemployment stats just don't bear it out. People find other jobs. A major part of huge jump in efficiency the last ten years was the elimination of white collar jobs by increased IT. Like it or not, it keeps lowering prices and raising the National output. So it isn't going to cease. Instead of trying to stop it, our politicians would be doing the country a better job by lowering the barriers they have set up to starting new companies. California, with Workmens comp and environmental regulations, etc, is a major example of that. City minimum wage laws, such as they have in San Franciso, are one more way to run off Business.