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Quote:
Originally posted by widebody911
GWB needs to get his ass in gear and do something about the economy. Food for thought; with the massive outsourcing and depression of wages, and cutting his rich friends tax breaks, where will he find the tax base from which to fund his silly wars?
What economy? Or better yet, "whose economy?"

The economy IS getting better, and it has absolutely nothing to do with the president just as the surge in the economy had nothing to do with the prior president, though Al Gore did invent the Internet, right?

I'm not defending W. But I'm trying to bring some accuracy to your statement. The economy, obviously, is global. The dollar is weak, which is why, for example, I'm not paying $2,000 for an Italian bicycle frame when I can get a whole American bicycle for less than $1,500.

But that's just bikes. In other places the economy is getting much better. Automobiles is a good example. People are paying top dollar for cars, particularly luxury and sports cars. Real estate is going well. Stocks are, more or less, coming back.

As for the computer industry: well, to me there's a certain finite side to it, where most industries using computers (except for entertainment/the arts, etc), feel they don't need to upgrade as often as they did previously. In many cases, the software we use has been so engineered (read: "over-engineered"), that it can last five years before an upgrade is needed. Computers usually have more powerful than the software needs, at least for the common company, so if this is the "the economy" you're speaking of, it seems natural for it to slow down.

As for jobs going to India and wherever: that's what free enterprise does. It goes to where the labor is more free, or closer to free.
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Old 07-22-2003, 09:39 PM
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