[Vision2020] Republicans to Idaho's Poor: Leave or Drop Dead

[g. crabtree]

Scott, I am quite familiar with the boom that India has been experiencing in 
the high tech fields. Their universities turn out top notch product and your 
absolutely right about the wages. This makes me all the more curious as to 
how Hansen's vision of Idaho's poor working in high tech/high wage/career 
path positions is to come about. I'm guessing that those econ. classes he 
took really dragged his GPA down.

Gary
----- Original Message ----- 
From: "Scott Dredge" <sdredge at yahoo.com>
To: <vision2020 at moscow.com>
Sent: Saturday, April 01, 2006 4:02 PM
Subject: Re: [Vision2020] Republicans to Idaho's Poor: Leave or Drop Dead


> Gary,
>
> You've made some excellent points on this thread and I
> do enjoy reading most of your V2020 posts.
>
> I don't know if you have been following the latest
> technology trends, but corporate america is
> outsourcing thousands of tech jobs to India and China.
> Bangalore India is going through explosive growth
> right now with tech Giants like Intel and Cisco and a
> whole slew of other companies setting up technology
> development centers.  One engineer in India can be
> hired for a quarter of the salary of one engineer in
> the United States.  I don't know the going rate for
> the salary of engineer in China these days, but my
> guess is that it is about one tenth of the cost of a
> US engineer.  This type of outsourcing represents
> tremendous cost cutting and Wall Street will take
> notice and reward the officers of these companies very
> generously.
>
> Note I'm not a big believer in raising minimum wage to
> the level of a living wage, but I'm also not in favor
> of eliminating it either.
>
> -Scott
>
> --- "g. crabtree" <jampot at adelphia.net> wrote:
>
>> Clever, but fallacious. By this logic "corporate
>> America" would be paying
>> engineers, programmers, accountants, etc. minimum
>> wage since that's all they
>> are required to pay. Why have an entry level
>> engineer at $45.00 when you can
>> have 8.738 for $5.15?
>>
>> gc
>
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