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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Gary D who wrote (6543)	8/8/1998 11:10:00 AM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

Kirk, re: "Congress allowing more visa's should keep the lid on the salary even more (my IC design job transfered to Singapore last yr.)" Sounds as if many of these jobs can be transferred overseas anyway, regardless of how many visas are allowed. Correct. The extra visas will keep salaries down but might keep jobs here rather than force or accelerate more moves overseas. Singapore allows us to pay no taxes if we transfer a certain amount of jobs and technology over there so for most of my 20 yrs I design something then transfer it to Singapore then learn a new skill and transfer that over too. I finish up some research on Infrared Detectors and transfer the model overseas in the next few months and then I get the old text books out and learn about Rf for local networking (like in a room or house) as I learn a new job. In a few yrs that job will probably transfer somewhere too. This is why I have little respect for those politicians on their soapboxes yelling "make the rich and corporations pay their fair share!". Yeah right, the smart companies go overseas. I have similar feelings for the UAW that want to get paid for learning or contributing nothing new while us in the Silicon Valley have to reinvent ourselves about every 6 years. Ireland (see suite101.com and Mexico are also getting alot of jobs for their people by forgiving taxes, offering educated workers and reducing government red tape. They days of "Big Government" are ending with or without the support of Congress as jobs will transfer overseas or South of the Border as Global Corporations go where they can make the highest profit.