Andrew Grove, Co-Founder and CEO of Intel Corp said US tech services market set to collapse due to outsourcing. Half a million tech jobs lost because companies must cater to the demands of their shareholders.
Gee...what a novel concept: outsourcing steel production, textiles, semi-conductors, automobile construction, personal electronics, and soon food makes these products cheaper for Americans to buy; however, if there are no blue-collar and skilled labor jobs for Americans the 60% in the middle can't afford to buy anything, help support the bottom 20%, or as these bozos are now learning, have funds available to pay for Dentists, Doctors, Lawyers, Bankers, and Finance Manipulators.
Go ahead, help the Bush Administration and Mega-Capitalists make the "Donald's" of the world the favored social segment. Take away the safety net for the lower 20%, and make it increasingly difficult for the majority to enjoy what they became accustomed to. There will always be plenty of AK47's around to show the present day Ms. Antoinette's of the world, in concrete terms, that they made a mistake putting capital before people! Don't think it can happen here? Neither did Julius Caesar, Louis XVI, or Nicholas II.
posted by Richard at
Friday, October 10, 2003
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