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As It Tries to Cut Costs, Wall Street Looks to India
From: Dave Farber <dave () farber net>
Date: Wed, 08 Oct 2003 17:29:02 -0400
From: Bob Hinden <hinden () iprg nokia com> Dave,Doesn't anyone understand that this doesn't scale. First it was the manufacturing jobs, now it is the well paying knowledge based jobs. If most of the good jobs are outsourced there won't be anyone here with the money to buy the products and services that these companies product. Everyone will loose.Henry Ford raised the wage he paid his workers to give more people enough income to buy the cars he was producing. This outsourcing trend is just the opposite.Bob
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- As It Tries to Cut Costs, Wall Street Looks to India Dave Farber (Oct 08)