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To: Bucky Katt who wrote (143)2/24/2004 10:34:55 AM
From: tsigprofit  Read Replies (1) | Respond to of 1338
 
I think Greenspan is becoming more out of touch though.

I heard him the other day - talking about retraining as a fix for the outsourcing going on.

Completely wrong. The people losing the jobs are often
highly trained people - with advanced degrees in engineering and Information Technology - IT.

These jobs are simply going to lower paid areas like India. Greenspan doesn't have a clue on this one...