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Paul Samuelson Challenges Outsourcing
Noryungi writes "Paul A. Samuelson, Nobel Laureate in Economics, a professor at MIT challenges the outsourcing of jobs (retinal scan login required) to India and China. Choice quote: To put things in simplified terms, he explained in the interview, being able to purchase groceries 20 percent cheaper at Wal-Mart does not necessarily make up for the wage losses."
"There's no such thing as globalization. There is only Americanization."
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What does he have against brown people?
And that's exactly what we're doing. No one wants to loose their jobs overseas, so we begin attacking the Indian's who get them. Don't blame them. Blame your lifestyle.
The current conservative movement in America is making it popular to hate everything except flag-waving Americans who unquestioningly do our Supreme Leaders bidding. Members of the senate who want to protect our freedom (Russ Feingold) is the object of scorn here in his home state of Wisconsin by Joe six-pack.
Don't blame George Bush. He's just following the plan. If you're not white, married, and live in suburbia with your SUV, you're the enemy.
Consume, consume, consume!
When you get to hell -- tell 'em Itchy sent ya!
I as a canadian in the IT field hope that the US regulates outsourcing. Because the US companies won't be as competitive anymore, the canadian companies wich will be able to use outsourcing, will thrive. US companies will die. Jobs that would have been in the US will move here. That means more work for me. (Hey not all the employees will be outsourced)