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To: Boplicity who wrote (12057)1/9/2004 10:35:41 AM
From: Boplicity  Read Replies (1) | Respond to of 13815
 
Where is that Donnie? I want to mess with him today. I'm going to go find him, and challenge him to chilies eating contest. <g>

Greg



To: Boplicity who wrote (12057)1/9/2004 10:50:36 AM
From: im a survivor  Read Replies (3) | Respond to of 13815
 
<<Granted overseas outsourcing is painful, put it's for a reason.>>

Of course, Companies EPS will rise because their costs are alot lower in certain area's due to outsourcing overseas....but how does that effect us in the long run? What about all the qualified, current people with college and experience, that are un-employed or working for far less then what they should be...and, what about the millions of new workers, currently in school that will be needing jobs?? This could get very ugly...companies are outsourcing because it is ALOT cheaper...right now, get an engineering degree or etc and expect to have a nice startibg salary and very nice 15 years later....are we going to reach the point where white collar folks used to earning 6 figure salaries have to take $30k a year, or be unemployeed, due to the fact companies wont be paying $200k a year for something they can get for $30k overseas?? I can see a point in the future where blue collar concrete workers, waiters and waitresses, landscapers and etc, are making more then white collar engineers and etc, with 5 - 8 years college.......My big concern is this outsourcing is really just beginning and could be the biggest event ever to effect our economy and way of life, when things are said and done....one must always try and look forward...and this outsourcing of labor could be a big problem....Lizzie, you want to chime in on this? ( she has excellent views and data on this subject).......