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

To: Lizzie Tudor who wrote (515217)	12/23/2003 9:56:17 PM
From: Johannes Pilch	Read Replies (1) \| Respond to of 769667

Outsourcing is not an indicator of a worsening economy, Liz. Indeed, outsourcing was happening to significant degrees even during those "on fire" Clinton years. My own company began outsourcing non-essential functions during the Clinton administration and not under the Bush administrations. The use of foreign labor ought not occupy such a place of prominence in your argument against the stability of the economy, since in principle it is not the cause of America's economic woes. Even your peripheral argument against outsourcing is invalid since you do not specify why such imbalances as that between the yuan and the dollar are inherently "unfair." I see no "unfairness" here at all. The yuan/dollar ratio actually presents opportunities for people on both sides of the Pacific.