[Vision2020] US Workers Adapt: moving workforce to India, elsewhere

Ted Moffett ted_moffett@hotmail.com
Wed, 23 Jul 2003 02:42:15 +0000


Donovan and All:

Of course it's a joke.  I have not been visiting the future.  But with 
current trends with job losses in the USA to overseas sources of cheaper 
labor, with no unions, no OSHA, no overtime pay, no or few environmental 
regulations, etc. .... who will buy the goods when wages drop here in the 
USA to compete with overseas labor?  Good question.  But how can wages here 
in the USA stay high when every month more US jobs are sent overseas to 
cheaper labor?  Ah, of course, the profits from the multinationals will 
"trickle down."

We shall see if the latest version of supply side economic theory works now 
with the big Bush tax cut coming through.

Ted

>From: "Donovan Arnold" <donovanarnold@hotmail.com>
>To: tomh@FNA.fsn.uidaho.edu, ted_moffett@hotmail.com, dale@courtneys.us
>CC: vision2020@moscow.com
>Subject: RE: [Vision2020] US Workers Adapt: moving workforce to India, 
>elsewhere
>Date: Tue, 22 Jul 2003 17:17:57 -0700
>
>What the *&^%? Can somebody explain how someone can afford to buy the 
>products we make if they are only paid .75 cents an hour?
>
>This is joke isn't it Ted?
>
>Donovan J Arnold
>
>
>>From: Thomas Hansen <tomh@FNA.fsn.uidaho.edu>
>>To: "'Ted Moffett'" <ted_moffett@hotmail.com>, dale@courtneys.us
>>CC: vision2020@moscow.com
>>Subject: RE: [Vision2020] US Workers Adapt: moving workforce to India, 
>>elsewhere
>>Date: Tue, 22 Jul 2003 13:52:40 -0700
>>
>>Why stop there, Mr. Moffett?  Why don't we simply dissolve all unions, 
>>amend
>>the US Constitution making it illegal for workers to organize, and work 
>>for
>>whatever pennies "corporate" America is willing to part with?
>>
>>Tom Hansen
>>Moscow, Idaho
>>
>>-----Original Message-----
>>From: Ted Moffett [mailto:ted_moffett@hotmail.com]
>>Sent: Tuesday, July 22, 2003 1:47 PM
>>To: dale@courtneys.us
>>Cc: vision2020@moscow.com
>>Subject: [Vision2020] US Workers Adapt: moving workforce to India,
>>elsewhere
>>
>>
>>
>>April, 2020.
>>
>>Legislation legalizing a 60 hour work week with no overtime for assembly
>>line manufacturing jobs at a 75 cents an hour minimum wage passed the US
>>Congress this week.
>>
>>"It's the only way US workers can stay competitive," said an anonymous
>>business executive with a 7 figure salary.  "If we want to keep our
>>workforce employed, we must evolve to adapt to the realities of the global
>>marketplace.  There are hundreds of millions of willing workers overseas 
>>who
>>
>>accept these conditions and pay.  American workers need to quit whining 
>>and
>>face reality!"
>>
>>Ted
>>
>>
>> >From: "Dale Courtney" <dale@courtneys.us>
>> >To: <vision2020@moscow.com>
>> >Subject: [Vision2020] IBM sees need to shift jobs overseas: Firm seen
>> >moving workforce to India, elsewhere
>> >Date: Tue, 22 Jul 2003 07:47:21 -0700
>> >
>> >IBM sees need to shift jobs overseas
>> >Reuters
>> >
>> >
>> >Two senior officials at IBM, the world's largest computer maker, said 
>>the
>> >company needs to speed its efforts to move white-collar jobs to India 
>>and
>> >elsewhere overseas, The New York Times reported on Tuesday.
>> >
>> >IN A RECORDING of a conference call given to The New York Times by a 
>>labor
>> >union, top employee relations executives said IBM needed to make the 
>>same
>> >moves its competitors made to save money by shifting service jobs away 
>>from
>>
>> >the United States.
>> >The article cited Forrester Research as estimating 450,000 U.S. computer
>> >industry jobs could be transferred overseas in the next 12 years,
>> >representing eight percent of U.S. computer jobs.
>> >
>> >Executives worried on the March IBM conference call that broader
>> >unionization could arise as the trend strengthens, The Times said.
>>
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