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To: Lizzie Tudor who wrote (67531)	4/11/2005 2:54:57 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

I don't believe this is a bear market, especially after two very good years in the stock market, but we don't need to have that debate, because the next couple of years will prove me right or wrong. However, you said something that intrigues me about the visa program. What makes you think there isn't a visa program for doctors? Because there are plenty of foreign M.D. students in this country and there are plenty of foreign doctors. So I don't believe those jobs have been sucked away for a few reasons. 1) you can't perform a doctors job in India for a patient in the U.S. 2) The U.S. medical research industry is the most advanced in the world and the pay for medical researchers and doctors in general is still very good and will likely get better as baby boomers retire. 3) The bariers to entry for doctors is much higher than for engineers. Doctors need 8 years of education minimum and tack on a few years for a specialty after that. Engineers need 4 years minimum and 6 years to be widely respected. Having said all that, if we could somehow persuade Chinese and Indian people to come here and be doctors for $50K per year instead of $100K+ ($100K min) per year that they earn now, I'd be all for it. Medical costs are out of the ball part in part due to the high cost of doctors, as well as the high cost of insurance. Why don't you think doctors salaries are coming down, even after the HMOs came online? I wish I knew the answer to that one.

To: Lizzie Tudor who wrote (67531)	4/12/2005 3:57:39 AM
From: Elroy	Respond to of 77400

WRONG- I'm a realist. OK, what does that mean? I know that if the US opened up a visa program for say, doctors- the profession as far as the US being a haven for new research etc would die for doctors. If the US allowed more foreign doctors to live and practice in the US, then the price of medical services that depends on doctor's wages would fall, and......medical research would collapse? I don't follow you. Same for teachers or any profession. Same what? And I also know, that if your economy rests on a bunch of new industries, Which economy rests on "new" industries. What are you talking about? And don't go ranting about how "this is not a bull market", because there is no one on the other side of that argument. I'm just curious, what are you attempting to say??? My recommendation to you is to write clear, simple sentences, because the rambling diatribe aint making no sense.....