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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: BubbaFred who wrote (64909)	6/12/2005 8:58:06 AM
From: arun gera	Respond to of 74559

>It would do US economy good to bring more of those Chinese and Indian immigrants.> Saudi Arabia makes sure that US never gets hit with too much of an oil price shock. Saudi Arabia provides a buffer for oil prices. Mexican illegal immigrants buffer the wage price increases for low skill jobs. Legal immigrants from India, China, Russia, and Phillipines buffer the wages in jobs that require highly specialized skills. US capitalist economy ALWAYS needs immigrants in highly skilled jobs in fast growing fields. Even in this bad economy, they still need nurses. Nurses from Phillipines are filling some of those needs. -Arun