[widebody911]

Originally posted by dmoolenaar
In terms of understanding the economy and market trends yes they are stupid Thom. The just don't have enough real world experience to draw from and they tend to believe the first thing they read.


You mean things like:


HP bases new research centre in Singapore - July 31, 2003
http://straitstimes.asia1.com.sg/topstories/story/0,4386,202405,00.html

General Motors Exports Work to India - July 31, 2003
http://www.atimes.com/atimes/South_Asia/EH01Df04.html

General Motors, announced that it would set up a $21 million technology center in Bangalore to carry out computer-aided design and engineering research. The Detroit-based auto maker will spend an additional $40 million over the next three years to expand the center in India.


More where that came from @ http://h1b.info/outsourcing/

Another good source for news, if you can cut thru the static, is http://www.****edcompany.com (I wonder if that URL will come thru)

Not all jobs are candidates for outsourcing. Leading edge technology and development work is much less likely to leave for cheap labor -

Sorry, but US companies are moving their R&D to Idia. Intel, HP, Microsoft, AMD, GE - they're all moving their high-end research jobs over. It's not just the code monkeys who are affected, but EE's and ME's now. The only jobs that are truly safe are those that cannot be physically exported, ie cooks, car washers, landscape maintenance. Oh, wait, GWB is working with Vicente Fox to make it easier to "insource" those.

that's exactly why we need our newest generation of workers to buckle down and get those tough degrees.
Like the guy I worked with a couple years ago. He had a masters in aeronuatical engineering, and had been working on his PhD when he was laid off from Aerojet. He was doing PC support because that's all he could get.

The Import Grrl I was dating for a while manages the Starbucks in Gold River (aka Rancho Cordova). Every week she has ex-Intel and ex-Areojet engineers in begging for jobs because they need to put food on the table. These are guys (and girls) with degrees in everything from CS to EE, yet they can't find jobs because everything's been outsourced.

There's a lot of anti-FUD being spread about the state of the economy - someone doesn't want you to know what's going on. Who? Why?

Oh, and BUSH SUCKS