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To: AIG
Sorry for the delay in responding.

In a capitalist system, there is no such thing as "guaranteed" employment, even for white collar workers. As Rush Limbaugh would say, this is part of the "creative destruction" of capitalism. ...The alternative is communistic "guaranteed" employment, which is a failed formula.

There is a big difference between "guaranteed" employment and solid available employment. I never once indicated that I am in favor of State "guaranteed" employment. I am however saying that job opportunities are an essential element to a sound economy. America has enjoyed prosperity because there was always a huge supply of job opportunities. Remember the slogan, the land of opportunity? Once that tide turns and Americans can no longer find jobs because the jobs are being moved to India, China, etc. than I believe the American economy will be negatively impacted.

White collar workers who lose their jobs simply have to retrain and find other jobs.

This is a lot easier said than done. Many people in white collor jobs spent time and money going to college to get degrees in a specific profession. Going back to college again is not as easy once you have a mortgage & bills to pay and no job. Also, how would you go about picking a second profession, theoretically you picked the first one under the impression that you were picking a lifetime career. So maybe today there is a demand for nurses so you go back to school to be a nurse, then what happens if they start importing nurses from 3rd world countries, and now you find yourself unable to get a job in the second profession. After all there is no guarantee of another professional job.

There's no doubt that some white collar jobs will get destroyed. But so far, I don't see any evidence of America suffering a net outflow of white collar jobs. But even if that were to occur, that's all a part of the capitalist process. If Indian programmers an do a job more cheaply than American programmers, so be it. If Chinese chip designers can do a job more cheaply than American chip designers, so be it. That's the only way to go, because the alternative ("guaranteed" employment) eventually only leads to inefficiencies. But luckily for America, there's no evidence of America's white collar workforce getting shrunk in any substantial away.

I think you are wrong. A lot of white collar jobs are leaving this country. I always said that I do not blame companies for finding the cheapest workforce available. I am sure that people in India and other 3rd world countries will benefit substantially from the globalization of the economy. My contention is that America and specifically middle class America will loose. I think you have misunderstood my assertions. I am simply asserting that AMERICA will not benefit. And maybe the philosphy I should start to take is "so be it".

98 posted on 08/13/2002 8:01:02 AM PDT by blueriver
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To: blueriver
Again, capitalism has its own logic, regardless of whether "solid employment" opportunities are available or not, how difficult it is to retrain for a new job, etc. That's life.
99 posted on 08/16/2002 12:28:50 AM PDT by AIG
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