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To: Jimmy Valentine
When quality again becomes an issue, these "cheap" jobs will come home. And it will happen faster than people think.

I truly pray you are right. But, unfortunately, the concern of Fortune 500 companies for quality is rather suspect lately. They keep looking at the bottom line of costs and letting that drive all decision-making.

17 posted on 08/10/2003 6:17:30 AM PDT by Paul Ross (A nation which can prefer disgrace to danger is prepared for a master, and deserves one!-A. Hamilton)
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To: Paul Ross
"I truly pray you are right. But, unfortunately, the concern of Fortune 500 companies for quality is rather suspect lately. They keep looking at the bottom line of costs and letting that drive all decision-making."

you are perfectly correct. Short run maximizers have done incalculable damage to American business in every field. Corporate Darwinism will weed out the short run competitors in favor of the more durable and adaptable players.

By the way, Bush's tax plan relieving dividend taxation will move this along faster, with investors demanding return on invested capital rather than just stock price increases.

Regards,

21 posted on 08/10/2003 6:35:12 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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