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To: Lizzie Tudor who wrote (16831)	2/6/2004 2:31:29 PM
From: fatty	Read Replies (1) \| Respond to of 306849

>I see a lot of this "you say its bad, kid, well when I was a kid I had to walk xxx miles".... and I certainly hope this is not the strategy free trade proponents will be resting on to make their case going forward. To me it seems like people over 35 just don't care about much because they don't have to ..... yet. Simply put, the boomers inherited the world from their parents and passed hell onto their children.

To: Lizzie Tudor who wrote (16831)	2/6/2004 2:48:14 PM
From: gpowell	Read Replies (1) \| Respond to of 306849

Well, you know the saying "A recession is when your neighbor is laid off and a depression is when you are laid off.” I see a lot of this "you say its bad, kid, well when I was a kid I had to walk xxx miles".... My wife worked at a few SV startups during the boom - most of the kids running things had no idea how to run a company. Moreover, because of the boom some had vastly over rated their worth. One particularly well grounded Gen-X'er said, when I asked her what all the dot-com'ers were doing for jobs, "oh, they all went back to their old jobs as waitresses and bartenders." I certainly hope this is not the strategy free trade proponents will be resting on to make their case going forward. You really need to educate yourself about these issues. Free trade may hurt some segments of our society – mostly older lower educated workers - the young, and educated, stand to gain the most. However, if all barriers to trade were lifted, I would not expect much of an impact on GDP – maybe 5% to 10%. Cheer up, the economy is doing quite well.

To: Lizzie Tudor who wrote (16831)	2/9/2004 8:52:45 AM
From: Amy J	Respond to of 306849

Lizzie, RE: "The difference between 75-85 is that then, profits were also poor. Nothing like now, where US corporations are booming" I see from another post your Dad worked in the auto industry too. Any auto kid should realize we got our butts kicked. The auto corporations nearly went bankrupt and in fact, some did. You would rather have our hightech corporations be like they were!?! At least hightech saved our corporate butts by doing some offshoring. You said Applied has the same headcount but note they had a 50% drop in revenue. If they were an auto company, they would be bleeding red with no money to turn around. Offshoring provides a venue to keep a company alive during the absolute worst downturn in the semiconductor history. Given you're an auto kid too, I simply cannot believe you don't understand the importance of keeping our corporations competitive. You obviously did not grow up in the Midwest so do not have this insight. What cars did your Dad sell? My Dad worked for 20 years at General Motors when it was the #1 market cap at the time, then he retired, some years later I was born when he worked at Chrysler for around another 20 years. He's now retired. Regards, Amy J