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To: annyokie
Like I said, big deal. Just because you spent $60k on a degree in art history, the world does not owe you a living. Supply and demand are the driving forces.
148 posted on 04/09/2003 8:54:37 AM PDT by matthew_the_brain
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To: matthew_the_brain
I'm sure many of you have noticed the shift from manufacturing to service, with many of the manu jobs heading overseas to "cut costs". Now that is well underway and the next wave of cost cutting is due, meaning shifting more labor, like services for instance. Businessweek for instance ran a nice article about the corporate worlds next move, which will mean digging deep into their clerical and office staff for relocation. IT transfer is well underway, especially to Asia, and India in particular. So we'll be left with whatever is tied geographically, except in those instances where labor can be imported. It stupid to blame immigrants, they are reacting to market forces that make it neccesary for them to move where the jobs are. They have families too, and will do what they need to do to provide. Pitting labor pools agaist each other is a favorite tactic for business to control labor costs. Ideally you want to allow free flow of human labor while restricting the movement of undesireable elements like regulations, and benefits. This destroys anything that increases costs, meaning wages, and will artificially deflate wages and protect business from market forces that drives wages up and unemployment down. You have two warring underclasses that live across a boundary which you can move back and forth across to control both labor pools. And as long as you can shift blame away from laws that favor this activity and redirect it towards laws that try to limit this then you've won the game, well, until you've destroyed your consumer base. This is essentially what happened in the 20's as wealth aggragated in fewer hands till the broad consumer class was rendered unable to support the flow of capital. Enter the new deal which forced the pump back into action, like a defibulator of sorts.
150 posted on 04/09/2003 11:05:28 AM PDT by saluzza
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To: matthew_the_brain
I have an MBA, that's a Master's in Business Administration.
151 posted on 04/09/2003 11:19:55 AM PDT by annyokie (provacative yet educational reading alert)
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