Thread: Tax Cuts
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BlueSkyJaunte BlueSkyJaunte is offline
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Join Date: Feb 2000
Location: Hot as Hell, AZ
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Island, the tech industry (one of the driving forces of our previous bubble, and still a significant player in today's economy) is the one investing offshore. I have seen it personally. Call centers, tech support, and now software development and research are all moving outside of the US. Why? Because you can pay Joe India, Ph.D. 10% of what you pay Joe America, Ph.D. This is purely in the interest of short-term cost-savings to boost those all-important quarterly financial statements.

I have come to the conclusion that politicians are powerless to improve the economy but need only to snap their fingers to send unemployment rates skyrocketing.
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Old 05-22-2003, 02:12 PM
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