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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Lee L. who wrote (10214)	4/7/1998 7:33:00 PM
From: Charles Hughes	Read Replies (1) \| Respond to of 14631

>>>The human dynamics of the IS industry are incredible today. The free market is rewarding hard work, innovation and creativity like it has never done before. <<< Huh? Guess you never heard of the 19th century... >>> I manage <<< And that explains why. No, just kidding. Seriously, 40 years ago they would at least associate an inventors or writers or designers name with their work. Now you can't even get your name on the product. Maybe we took different history classes or something. >>> They have great attitudes, great work ethics and have very aggressive career and life goals. 20% of my staff are now recently from China, Vietnam, and India. My entire group and company are stronger because of it. <<< Stereotypes are still stereotypes. You are inescapably saying that Americans are lazy. Yet all my foreign friends say Americans work harder than anyone else. What do you say about us? >>> Demand far exceeds supply.<<< Train all those unemployed COBOL and FORTRAN programmers then - they are all wondering why nobody is calling for the year 2000 problem. >>>Let the most innovative and hardest working guy succeed -- we all benefit from the extraordinary human capital coming into this country.<<< A laudable sentiment - but literally wrong. Many people already in this country in sensitive job categories continue to be damaged by the beggar-thy-neighbor manipulations of immigration policy practiced by high-tech firms. In the last 30 years over half of the middle class has moved down in many many indices - don't even talk about the working class making their 5.75 an hour or worse. It used to be that being working class didn't necessarily mean you made the absolute minimum pay possible. Now it does. Every year job categories that without question once would have been middle class jobs are made obsolete or redendant, and are mostly not replaced. Keep an eye on the figures on verticality in earnings in the population. The United States now has the worst disparity of any industrialized nation, and the trend is still moving in that direction, despite the last few years breathing room. Chaz Cheers, Chaz