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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (4440)	2/27/2004 11:32:46 PM
From: ChinuSFO	Respond to of 81568

What capital projects are you involved with. Is it housing, commercial real estate, manufacturing facilities? And which industry is it, high tech, biotech etc.? I like your optimism and I would be the first one to celebrate with Lizzie. But I am not seeing anything happening in Silicon Valley. The jobs I see are at Macy's, Wal-Mart etc. McJobs as they say.

To: Bearcatbob who wrote (4440)	2/27/2004 11:36:11 PM
From: Lizzie Tudor	Respond to of 81568

Just think of the jobs that will be returning this summer. OK- lets reconvene in June/July timeframe and look at federal income tax receipts which will tell the true tale as to whether good jobs are being created or not. My suspicion is that by summer, we will still be creating around 100K jobs/month (lower than attrition requires) and tax receipts will continually fall, since white collar jobs are going and only low wage service being created. If Bush survives this in November I will be shocked.

To: Bearcatbob who wrote (4440)	2/28/2004 12:40:38 PM
From: Lizzie Tudor	Respond to of 81568

The entire 90s boom was built on technology. This is how I know no recovery for jobs. Tech demand worldwide is actually booming but jobs are gone. There is no other industry able to pick up the slack. US tech co’s hiring Asians to expand jobs New York, February 28: Technology companies are seeing a rebound in business, but top executives this week said any jobs added to meet growing demand will likely be in countries where labour is cheaper than the United States. Executives speaking at the Reuters Technology, Media and Telecommunications Summit in New York said they see increased hiring in countries like India and China, but few jobs will be added in the United States. Michael Jordan, chief executive of technology services provider Electronic Data Systems Corp. said EDS's number of employees in low-cost locations like India will rise to 20,000 from 9,000, by 2006. expressindia.com