US Likely To Lose Tech Edge To India: Expert

INDOlink ^ | Wednesday, November 10, 2004

[Willie Green]

Bush Economic Polices Threaten National Security

[A Balrog of Morgoth]

Feel free to offer a solution sometime, Mr. Gloom and Doom.



Well, We're WAITING....

[Ruth A.]

I suppose that's why they wanted to come to school in the USA.

[Willie Green]

Well THAT certainly won't help us compete in high-tech.
Illiterate stoop labor that's too lazy to learn to speak English???
Sheeeeeesh!

[Willie Green]

I know, ;^)

[StolarStorm]

They aren't too lazy to learn english. They choose NOT to learn english because they fully intend on taking over the south and feel no need to assimilate.

I've heard this from some of them directly. Actually, they don't call it taking over... but rather taking back what they consider rightfully theirs.

[Fledermaus]

Great! Maybe we can finally get some software that works.

[aliquis]

New technologies are still being developed mostly in the US. You need really lots of money to get anywhere in the high-tech research. And since when the top foreign policy experts have become technology and science experts? Microsoft or IBM alone do more R&D then some of the aforementioned countries.

[lilylangtree]

Well why not--We train 'em and ship 'em jobs thanks to Microsoft, etc.

[Willie Green]

Feel free to offer a solution sometime, Mr. Gloom and Doom.
Well, We're WAITING....

Oooooooo.... Mr. Newbie grows impatient!

I've been offering a solution for a looooong time around here.
We need a level playing field that offers the economic incentive to attract our best and brightest to these vital sectors that are under attack.

A shift in federal tax policy is the simplest way to accommodate this. Levy a relatively low (10~15%), flat-rate "revenue tariff" on ALL imported goods, and couple that with a corresponding reduction in the domestic corporate income tax. That policy shift would make our domestic market less hostile to business investment, and the employment opportunities would become more attractive to our most educated and creative citizens.

[cartan]

As long as highschools and colleges teach that science and technology are out-dated, Euro-centric failures and the really important stuff is Marxism and queer theory, this trend is likely to continue.

[oceanview]

its a done deal already. US tech is dead. the comment in the article about americans bailing out on engineering degrees is the death knell for the future.

but we will have plenty of lawyers!

[oceanview]

the only other possibility is a collapse in the dollar, to make the investment of US companies on offshore efforts more expensive. but china would have to drop their peg, and we would need a 40-50% decline in the dollar to make this happen. that would be $5 gas.

[A Balrog of Morgoth]

A flat tax sounds like a good solution.

Maybe you should take a closer look at my profile before pulling the "noob" card on me.

[Buzwardo]

Gee, reminds me of a time when Japan was going to dominate all manufacturing, until their banking house of cards collapsed. Seems like I see the same story written every five years or so about one emergent international sector or another.

[Willie Green]

LOL. I figured you did!

Well I knew that you figured that I knew that you knew that I knew you were.

But if it's so obvious to US, why is Dubya so clueless?

[wireman]

Maybe then we'll buy back all of our 7-11 stores!