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

To: Lizzie Tudor who wrote (37021)	7/22/2004 6:27:20 PM
From: SiouxPal	Respond to of 81568

Lizzie- Front page of my newspaper. Capital One ends 1,100 jobs in Tampa. Guess where those jobs are going. Yes, you got it the first guess. :•( SiouxPal

To: Lizzie Tudor who wrote (37021)	7/22/2004 6:40:05 PM
From: Wayners	Read Replies (1) \| Respond to of 81568

Socialists would have you believe that corporate profits are bad. But the reality is those profits are rolled right back into the businesses to build new facilities, expand production lines, hire more workers, develop new products etc. When Govt takes away those profits, they take away the means for business growth and investment, the business can't find investors to sell more shares to grow the business either so the products stagnate, sales fall, people get laid off, plant equipment doesn't get updated, and facilities fall apart. What does Govt do with the money? They don't spend it on providing consumer products to people. They don't spend it on building cars, refrigerators, microwaves, houses, clothing etc. Nowadays seems they don't even spend it on roads. Now 70% is simply sent off to people in the form of a check.

To: Lizzie Tudor who wrote (37021)	7/22/2004 9:52:41 PM
From: ChinuSFO	Read Replies (1) \| Respond to of 81568

Your perspective is correct. However Richnorth's claim that immigrants are willing to take low paying jobs is not correct. When an immigrants comes to this country, they are offered low wages compared to those offered to those who have lived here. By comparison to wages in their country of origin, the offered wages seems to be be quite high. And they take it. Also. the professional immigrants especially in Silicon Valley are millionaires, drive good cars and live in large houses. This is my perspective in addition to what you mentioned in your post. After all is said and done, I would like the US jobs to remain in the US. Let us not forget that besides the productivity of the US being extremely high, the quality of goods produced is also very high due to automation, well researched business processes etc.