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

To: steve harris who wrote (518022)	12/31/2003 4:06:44 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 769670

I'm not making excuses for California, or the tech industry and its excesses really. I'm just saying that if you import thousands of temporary workers to fill some made up "void", you can't be surprised when they go home and take the business with them. And thats what happened. Had we not had a temporary work visa program we still would have had a tech bust. But we would have recovered eventually, here in the US. Vs what we have now which is the recovery happening in India but not here. This is not the same thing as protectionism. I am not calling for protectionism, what I am calling for is more like a policy that doesn't throw IP away. You realize of course that Dell is toast because the US based market for their products, which is their primary market, is disintegrating. Will the company that fills this void in India and China be a US company? I doubt it very seriously. This is not smart economic policy on the part of the US, but all we can blame is the greed of the CEOs and politicians for it. To be fair, I think this industry take-down took many people by surprise. I doubt we let it happen again. Too late for this decade though, we lost our cash cow.