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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (40084)	5/20/1999 1:39:00 AM
From: Clever Nick Name	Respond to of 94695

If you really think it's such a great deal, I can provide you with several leads on these great paying jobs that you think your 4 year old could handle. The truth is, the easy jobs have been automated, and there really weren't that many that were simple enough to be suitable. If you choose to work for the government surely you knew that would lead to being poorly compensated. Most of the 'high school dropouts' I worked with on the assembly line had university degrees. Your grandfather's experience might have been typical of plants in the 1970s when the big 3 had an effective monopoly. And even if he had a sizable line, that would represent a trivial fraction of the thousands of people employed by an auto plant of that era. Skilled tradespeoople, with overtime, can make a phenomenal amount of money. The ones that work ever hour they possibly can make almost half what a junior associate at an investment bank earns. Which career would you advise your child to pursue? There are plenty of examples of outrageous disparaties in income vs. contribution. People who work like slaves on an assembly line would hardly be my first target. As for inflation, the only place I see inflation is the equity markets. People converting their paper money to spending power is the source of any inflation we have today.

To: Lee Lichterman III who wrote (40084)	5/20/1999 2:43:00 AM
From: Daflye	Respond to of 94695

Well said. Both L3 and Rob. night night, D

To: Lee Lichterman III who wrote (40084)	5/20/1999 8:18:00 AM
From: donald sew	Read Replies (2) \| Respond to of 94695

Lee, I was listening to the CNBC interview with the chairman of AMAT yesterday. Mark Haines asked the question about the increasing difficulties of finding good qualified workers. He said that AMAT did not have that problem since they were the industry leader, but he was aware that other companies are have increasing difficulties and there was a brief comment on the education in the U.S. One of my friends is a professor at the Johns Hopkins Medical school, and he has complained that he has a tough time finding qualified American students for his doctorate and post-doctorate programs. Most of his students are non-Americans since they are few Americans who can qualify. In fact he only has 1 American student, all the rest are from Asia. He feels that is the case due to the lagging education system of the U.S. From my own experience, I am aware that the high school math taught in the U.S. far lags that of what is taught in Europe and Asia. I have seen the ciriculum and what the math that is taught in 9-10 grade in the U.S. actually lags normal Asian ciriculum by as much as 3 years. The most advanced math ciriculum taught here is basicly what is taught as the norm elsewhere. With time, and maybe not in our lifetime, I am not sure that the U.S. will always be in the lead of technological research, which could also have trickle down effect to other areas such as business. It is evident already that the U.S. is already importing brains from overseas. Just look at the number of Indians/others who are in the computer industry. Yes, I realise that it they get paid much more here than in their home countries, but the cost to American companies is about the same as for American citizens when one calculates the sponsorship costs/etc. In the past there was an advantage to import brains due to cost but that has changed now since the supply of qualified people are dwindling in the U.S. I have friends who are making in the range of 60,000-100,000 right out of college/1-2 years experience who are being sponsored by American Companies like IBM. seeya

To: Lee Lichterman III who wrote (40084)	5/20/1999 5:04:00 PM
From: Yogizuna	Read Replies (2) \| Respond to of 94695

*OT* Lee, Don't worry too much about the tree cutters, as the wave of the future is tree farms! Grow em' and cut em' just like corn! <g> While I sincerely appreciate the work you did in the military, and think it was very valuable and even life saving work, don't you think you are being a bit too hard and cold on the workers? Many of the things you mentioned can also be life saving, like correctly wiring up a house, or putting the lug nuts correctly on a wheel, etc, etc. As for the workers lining up for "sick leave", sure, some of them are scum, and will take advantage of every opportunity to use and abuse, but don't we have that problem in all fields and almost every profession? "Scumbag" doctors, lawyers, cops, you name it, they are all out there. I have been on both sides of the argument, worker and "the brains", and what we truly need in this country is a better balance between the opposing forces, not an attitude where one laughs when more jobs move overseas or south of the border. This will only result in more trouble for BOTH sides in the future, so why giggle? Yogi