To: Nikole Wollerstein who wrote (1748 ) 1/9/2004 10:49:48 PM From: Lizzie Tudor Read Replies (1) | Respond to of 3079 Look there are a lot of things that can be done to improve the employment situation and at least stem the tide of offshoring and your tirades remind me of right wingers who really are just trying to make angry noises vs. actually trying to solve problems. For one thing, very wealthy companies who do a lot of offshoring should not be eligible for large tax breaks which were negotiated in the 90s at a time when it was assumed all future hiring would be here. Companies should be required to list onshore vs. offshore # employees, including contractors and # layoffs/reductions in the prior year on the financial statements. If the majority of employees are offshore, but the market is primarily onshore, as is the case with Oracle, Intel etc. then those companies should have to pay a full tax burden, no perks or cuts. We don't have high corporate taxes in this country anyway (relative to other locales) and these firms have the benefit of our markets and none of the costs. In this way they will pay for their own infrastructure which right now is paid for by taxpayers. This will at least shore up the state treasuries which are now broke. Next, if large offshorer companies are using visas as a way to shuttle staff in and out of the country this is expensive and they should have to pay for that. All of this would help the US treasury and if companies don't like it they can always hire here and get all the perks and benes they used to. Next deal with the floated Yuan, this will snap back in 07 anyway and unless we deal with the undervalued yuan now we are going to be in a world of hurt with inflation in 3 years. Hire some competent trade negotiators, not the Bush team who can't negotiate and piss everybody off. Next shore up the deficit by cutting all this pork, incl farm bill, homeland sec etc. the country is broke and we are at the mercy of foreign governments to buy our debt. Those are a few things dean can do right now to improve the mess.