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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (65697)	7/2/2004 10:56:52 PM
From: Paul V.	Read Replies (1) \| Respond to of 77400

mindmeid, >We have to create consumer classes throughout the world to keep increasing demand for our own products. If we take the zero sum game mentality, then eventually our own growth will stagnate< Agree totally, However, what happens to the middle aged individuals who are displaced or wages are stagnate due to globalization? Many middle aged individuals 45-65 will have to retrain for different jobs or be permanently terminated. Then, these same employees will run into the issue of age discrimination, be said to be over qualified, or be in competition with younger students just our of college. Two years ago while my wife and I were flying back from Vancouver, Canada from a Alaska Cruise, I sat next to a lady. She stated her husband who worked for a leading corporation was concerned about his job because their son was learning a leading software language which her husband was not using. His fear was that his skills would be obsolete and he would not be able to compete..