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To: Lizzie Tudor who wrote (67619)4/14/2005 12:16:37 PM
From: JakeStraw  Read Replies (1) | Respond to of 77400
 
LOL! The fact that you abmitted to being a "permabull" speaks volumes... Markets go up and markets go down, business cycles occur and things change... That's life...

BTW, your comment is laughable - >>kindof like what happened to the US recording industry actually, the 60s-70s had great music- artists actually got rich then, now artists no matter how popular die broke and consequently we have no good artists).


Yeah tell that to untalented young rich performers like Britney Spears...



To: Lizzie Tudor who wrote (67619)4/14/2005 1:40:21 PM
From: GVTucker  Read Replies (1) | Respond to of 77400
 
Lizzie, RE: GV once said we had a glut of engineers on the US mkt and it is working its way out- a "good thing".

I don't recall saying that we had a glut of engineers. I guess it's possible you might have interpreted something I said as meaning that.



To: Lizzie Tudor who wrote (67619)4/14/2005 4:43:06 PM
From: Amy J  Read Replies (1) | Respond to of 77400
 
Lizzie, I agree with this here - there won't be significant new jobs that are high paying unless we fund new innovations (such as university RND, biotech, stem cell, etc.)

I think there's a lot of truth to what you say about how there are architects here because the bottom rung of the ladder was there for them to climb up. Today, entry level people will have to accept lower paying jobs to compete with overseas salaries, then move up to become an architect. The path is still there, if the market forces are free from blind mandates.

Good post:

RE: "Its been 4 years since the US economy has been able to create a consistent number of jobs to keep up with population growth, and that is, contrary to what some here are trying to put forth, 150K jobs/month. Anyone in high tech can see we've got a major downward spiral happening on the job creation front, because the only reason the architects are sitting here, in the US, NOW, is because this offshoring trend is relatively new. Give it another 5-10 years and there won't be any leadership to staff new companies here, due to the lack of entry level posts for new engineering grads here."

Regards,
Amy J