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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (79112)6/7/2007 3:00:17 PM
From: MulhollandDriveRespond to of 306849
 
Unless they're lying to us.


ummmm...

you are joking, right?



To: DMaA who wrote (79112)6/7/2007 3:09:32 PM
From: DMaARespond to of 306849
 
Dark humor.



To: DMaA who wrote (79112)6/7/2007 3:57:08 PM
From: Lizzie TudorRespond to of 306849
 
Plus it will put a drag on growth.

I am one that believes cheap labor and outsourcing destroys US growth. It contributes to offshore growth, and might inspire some multinational corp profits (KO maybe) but generally, outsourcing and cheap migrant labor is a drag on the US consumer driven economy. we also have a tax base that is mostly driven by US wages thanks to FICA and other labor taxes. When those taxes go down or go away, nobody pays the bills.


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