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I did not say no one owed anyone a job,(neither did I), if you had a basic understanding of what is going on you might comprehend it. The Nation is 7 Trillion in debt, China is floating most of the note, we are spending more money than we have, thus people think they are well off buying cheap goods from China. Unlike yourself I understand these facts and like wages not keeping up with inflation. Ask yourself why are other countries investing heavliy in China and not the USA? One might catch on, they could absorb all of the jobs here and then some, much less India where any IT job can be easily wiped out.
The United States business interests continue to export manufacturing and high-tech jobs to anywhere in the world for cheap labor. If corporate profits are not high enough to satisfy the greed of investors, businesses downsize and reduce their workforce or merge with their competition and downsize the total workforce. And if profits are still not high enough production can be moved to a low wage country like China and the entire production workforce can be eliminated. Information technology jobs can be moved to anywhere in the world, such as India, where an educated low wage workforce without employment opportunities exists. The high tech workforce bubble in the United States has burst. - Posted by: Linux User 147460 Posted on: 09/05/06 You are currently: a Guest | Members login | Terms of Use
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