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To: William Tell

>Tell me what YOU think is going to happen to such people as you have described. Such people expect to live better than Chinese or Indian people who are more productive. How can it be accomplished? I don't know of a way.<

We're about to acquire a permanent peasant underclass that will only swell as more illegals swell the numbers of people who cannot do more than semi-skilled jobs increase.

That's the good news.

The bad news is that we'll all be part of that underclass when we have no manufacturing left in this country of any description.


409 posted on 06/26/2006 5:29:30 AM PDT by RSteyn
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To: RSteyn
RSteyn said: "The bad news is that we'll all be part of that underclass when we have no manufacturing left in this country of any description."

The "good news" is that there is no reason to believe that we will fare less well than India or China. We will always be able to have standards of living at least as good as either of them.

What we will not be able to do is subsidize those at the bottom of the economic scale at a level any greater than India or China. Our wealthiest people will be every bit as wealthy as the wealthy Chinese or Indians.

Our middle class will be as well off as their middle class. And, unfortunately, the least affluent Americans will be no better off than the least affluent in the rest of the world.

The standard of living of engineering professionals in India is already on the rise. Opportunities for them have grown such that employers are forced to recruit candidates which are other than the top tier of graduates from their engineeering schools. The pressure to move jobs overseas will lessen as the standards of living in those locales increases. When you hear that technical professionals in India or China are building McMansions and driving fancy foreign cars, then you will know that we are approaching an equilibrium where jobs will stop migrating out of the US.

Years ago, while working as a software engineer, I was compelled to consider the possibility that my job would migrate to these foreign countries. I realized that my best interests lay, not in guaranteeing a minimum standard of living for unskilled, uneducated, untrainable Americans, but in hoping that my competitors in foreign lands would prosper to such an extent that it would no longer be attractive to export my job. It is the properity of people like myself in foreign countries which is most closely linked to my own prosperity.

413 posted on 06/26/2006 11:26:51 AM PDT by William Tell (RKBA for California (rkba.members.sonic.net) - Volunteer by contacting Dave at rkba@sonic.net)
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