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The bottom line matters...
...to American competitiveness. I noted in the article that America's history is one of rapid response to change, all in pursuit of corporate profits. Need I remind everyone that America IS the richest nation in the world. People need to remember why that is the case.

Rich companies lead to low unemployment rates, because rich companies can hire lots more people. Rich companies lead to higher standards of living, and the ability to AFFORD strong environmental protections (even if the current administration in the United States seems to care little about the environment).

Economics implies change, and what is changing is that the third world is acquiring the skills to compete in areas that the west has grown accustomed to treating as their own private sandbox. That's NOT a bad thing, no more than it was a bad thing for Japan to start competing in cars and electronics. America's best and greatest hope for future growth is the development of foreign markets, leading to richer consumers in those markets capable of buying more American goods. Japanese success didn't gut America's economy (like I said, America IS still the richest nation in the world), nor will Chinese and Indian success.

American workers have to roll with the changes, though, just like foreign workers do. Adjustment sucks, but it's life as long as scarcity exists in the world.
Posted by: John Carroll   Posted on: 11/26/03 You are currently: a Guest | Members login | Terms of Use
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European friends in America...  dg mh | 11/25/03
All sides are visible  michael-t | 11/25/03
Why don't you give them your job.  adocann@... | 11/25/03
Oh come on...  serpentmage | 11/25/03
Join reality dude  GRindinAxTaRupy | 11/25/03
Give it up  OhMyGosh | 12/04/03
He can't. He doesn't live in the US now.  Taz_z | 11/25/03
Don't get bitter  Fred Fredrickson | 11/25/03
Right...exactly...uh-huh  GRindinAxTaRupy | 11/25/03
cheap?  Joe Blow_z | 11/25/03
The bottom line matters...  John Carroll ZDNet Moderator | 11/26/03
And debt matters...  Oggie_z | 11/26/03
false thinking  blahblahblah | 12/02/03
Are you totally ignorant?  NoB$ | 12/02/03
Bitterness has nothing to do with it  Taz_z | 11/26/03
Excellent  Fred Fredrickson | 11/26/03
Impression vs. Reality  michael-t | 11/25/03
The reality is quite different than your impression  mzarra | 11/26/03
Are you qualified to opine on this matter?  betelgeuse68 | 11/25/03
Exactly  GRindinAxTaRupy | 11/25/03
Why is ZDnet re-running this old piece?  Jose Jimenez | 11/25/03
Old Article  John Carroll ZDNet Moderator | 11/26/03
Cheap, logicless statement  Robert Crocker | 11/26/03
The ad hominem canard  John Carroll ZDNet Moderator | 11/26/03
Playing stupid as always John  GRindinAxTaRupy | 11/26/03
H1B is part of the problem  mzarra | 11/26/03
Couple of comments  John Carroll ZDNet Moderator | 11/27/03
Sorry, sadly, you're wrong  el1jones | 11/26/03
But...  John Carroll ZDNet Moderator | 11/27/03
wrong on most counts..  dotkayk@... | 12/02/03
Low pay  FirstNLastN | 12/02/03
Yes John, but...  A.Sinic | 12/05/03
H-1B and outsourcing reality  Oggie_z | 11/26/03
Panic article  FirstNLastN | 12/02/03
No, it's shining more light on the subject  Oggie_z | 12/03/03
Temper, temper, John  Robert Crocker | 12/01/03
No, you said just what I thought you said  John Carroll ZDNet Moderator | 12/01/03
Channelling for me now?  Robert Crocker | 12/02/03
Now this is interesting...  John Carroll ZDNet Moderator | 12/03/03
next time use the WHOLE quote  Robert Crocker | 12/02/03
I'd have an easier time accepting that...  John Carroll ZDNet Moderator | 12/03/03
Stupid talk back thread limit  Robert Crocker | 12/05/03
By the way...  John Carroll ZDNet Moderator | 11/26/03
offshore hiring  tprince@... | 11/26/03
Economy Growth Stunted?  TMS_z | 12/04/03
Funny article  bgoss@... | 11/26/03
Haven't changed your mind since??  Anton Philidor | 11/26/03
John John John  bessermt | 11/27/03
ya wanna know what i think?  bumhead | 11/29/03
Harm of H1B - disagreed  FirstNLastN | 12/02/03
I agree  John Carroll ZDNet Moderator | 12/03/03
One point agreed.  FirstNLastN | 12/02/03
This has nothing to do with reality  wresnick | 12/03/03
H1-b visa are NOT tracked  rdwilliamsjr | 12/03/03

What do you think?

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