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


To: Johannes Pilch who wrote (515273)12/24/2003 12:15:08 AM
From: CYBERKEN  Respond to of 769667
 
Creative destruction is as automatic as it is essential to a GROWING economy. Just more people fooled by William the Bastard and his economic disaster...



To: Johannes Pilch who wrote (515273)12/24/2003 12:16:59 AM
From: Lizzie Tudor  Read Replies (4) | Respond to of 769667
 
You are trying to bait me into an argument I am not trying to make.

I am simply saying that you have millions of people, generally most of the "yuppie" group is my sense, whose prospects have been killed thanks to globalization during this Bush presidency. Whether these people *deserved* all the money they made in the Decade long Clinton boom is irrelevant, I can assure you that *they* think they are worth it and having to compete with India on salary levels really sucks.

These are the positions under competitive wage pressure from third world countries that I am aware of: engineer of all types (hardware, software), accounting/tax, legal, human resources, medical transcription, legal secretary and paralegal, writers of all types (technical etc), business analyst, securities analyst, stockbroker, marketing research, MAR-COM, graphic design, technical production (commercial, video), scriptwriting.

Did I leave anyone out?

Lucasfilm and Pixar animation (hollywood film studios) are offshoring now.

All of these people working in the US in these industries, whether they lose their jobs or not, are facing industry wide 30-40% pay cuts at least. This is the Bush economy. So Bush can crow about his bogus 8% GDP numbers all he wants. The fact is that this retail season is telling the white house exactly what the reality of this GDP really is, and that is that the economy pretty much sucks, and Bush better get off his hiney and make some statements or something because a lot of people are really angry. I am ignoring the time when he talked about "retraining" at the local community college for offshored PhDs (he humiliated himself that day, nothing unusual)