Down and Out in White-Collar America

XorNand writes "Fortune has a pretty sobering article on the employment situation for white-collar workers. By many accounts, we've never had it harder--the slump in the 80's primarily hit blue-collar workers. While bleak, things might be inching towards the light; as my econ professor says, jobs are the last thing to recover after a recession."

Comments

Thats exactly what I was saying.

[HanzoSan]

Everyone wants to blame everyone and everything but the President when its HIS job to solve this problem.

He ignored the ecnoomy for 4 years, now our economy is absolute shit, its almost a great depression type situation here. Whats Bush going to do about it? Give tax cuts? Microsoft will use the extra money to hire more Indians, Thanks alot Mr. Bush for giving more jobs away using tax money.

If the gov wants to create jobs they need to invest in R&D, and give tax cuts to small businesses who hire a certain percentage of American employees while raising the taxes of businesses who hire mostly overseas.

Why should you give a taxcut to a sellout traitor business? If Microsoft wants to hire 70% Indian workers, they shouldnt get a tax cut, instead restrict tax cuts to companies who hire 90% American workers or above.