Theos-Talk Archives (February 2004 Message tt00052)

Those "numbers" keep shifting everyday. I think your Greenspan has just 
announced more job losses in America. But in theory, I hope what you say is 
correct. Let's just wait and see.

Living in India, I've noticed how much the Indian economy has picked up 
these last few years. I know Europe is doing very poorly but this seems more 
a result of making the Union which can be temporary. Economies are fragile 
and it is hard to know all the componants that make them work. 

So I would not put all the blame on outsourcing, but I do think it may have a 
part to play for good or bad. And perhaps we will never know until it happens 
how it fits into the economic equations.

A^A^


--- In theos-talk@yahoogroups.com, "somethingnew372004" <
somethingnew372004@y...> wrote:
> 
> 
> Outsourcing is what is saving the American economy. Take away that and it 
is 
> doomed. This is what many economists will tell you. There is also the 
> arguement that unemployment will ruin the economy.
> 
> We heard the same arguements 20 years ago. When the computer replaced 
> many jobs and reduced entire accounting departments to the bare 
essentials, 
> it eventually led to the biggest boom in American history... And lots of new 
> higher paying jobs. 
> 
> More $20/hr+ jobs are being created everyday because of outsourcing. 
Why? 
> Because companies are suffering from a lack of managers, directors, 
> andcreative people to handle all those outsourced jobs which are 
increasing 
> productivity. Go back to minimum wage if you want. I'll just take one of these 
> new jobs, thank you very much.
> 
> And for all that, we pay them $2/hr or less and they are upper middle class 
in 
> their respective countries. Which means more money being saved and put 
> into research and development jobs, creative jobs, and managment jobs. 
> 
> Actually, don't take my word for it, LOOK AT THE ECONOMY AND THE JOB 
> MARKET. Do you think Greenspan is lying? Unemployment is going down. 
> There is a Job surplus of atleast 100,000 and it's growing. I'm simply going 
by 
> numbers. Obviousley it looks like we are headed for another boom and it 
> looks quite big. 
> 
> 
> --- In theos-talk@yahoogroups.com, "stevestubbs" <stevestubbs@y...> 
wrote:
> > --- In theos-talk@yahoogroups.com, Bart Lidofsky <bartl@s...> wrote:
> > > I should have commented on Leon's statement earlier.
> > 
> > Since you mentioned book sellers and publishers having a cjanging 
> > market I was just wondering what your take is on the larger system of 
> > changes that is taking place. It's happening in Europe as well, but 
> > it will hit them after we have been thoroughly hammered because the 
> > kind of aggressive cynicism that is applauded in American businessmen 
> > is considered rawtha embarrassing there. It is every bit as 
> > pervasive but more bashful amd hesitant. One thing is for certain: 
> > this world is not a universal brotherhood. Pardon me while I 
> > practice my Tarzan yell.