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To: elmatador who wrote (44432)	1/8/2004 11:14:03 AM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

"It's interesting to me that so many people talk about China or India or Russia as being a source of low-cost labor," Fiorina said. "Truthfully, over the long term, the greater threat is the source of well-educated labor. And if you look at the number of college-educated students that China graduates every year, it's close to 40 million. The law of large numbers is fairly compelling." Message 19667840 The changes made after 9.11 in the US immigration policy have effectively switched from accepting at least some skilled labor to accepting little skilled labor but as many as illegal immigrants<g> very "smart" move indeed!

To: elmatador who wrote (44432)	1/10/2004 7:43:05 AM
From: que seria	Respond to of 74559

elmat: re: that Krugman piece and the Times quote-- Mars and the moon are per se not "domestic" programs "Facing a record budget deficit, Bush administration officials say they have drafted an election-year budget that will rein in the growth of domestic spending without alienating politically influential constituencies." Mars and the moon are also quintessentially "third world" If this kind of fecklessness goes on, investors will eventually conclude that America has turned into a third world country, and start to treat it like one. How could our bankers cut us off when we're hurling their largesse into space, the final frontier? It's sad. Kennedy's lunar program was forged from strength and consensus. This evokes the president of a bankrupt company telling the employees how great the next ten years will be while ignoring that little balance sheet problem today. This is no doubt just a trial balloon, designed to make Bush appear to have vision and statesmanlike heft. Perhaps the administration even seeks to recapture "space" attention recently given to China, although I can't see why. Space exploration is a wonderful thing for those who can afford it. The notion that we can afford it must rest not upon math, but upon those cyber and metal printing presses we read about. They make math irrelevant, until suddenly one day, when creditors decide, math rules.