Friday, February 20, 2004

Lou Dobbs doesn't get it
:: or is he pretending for greater popularity

What is going on with our neighbors?

"Like many readers, I fear that the impact of globalization could easily pull us down toward the level of the world's poorer economies rather than pull them up to our currently prosperous level. But my friend Joe Schoendorf, a venture capitalist at Accel Partners, makes a good point. He notes that if you had asked Americans in 1900 how they felt that almost all the farmers would lose their jobs over the coming century, they would have been just as outraged as today's workers are when they think about outsourcing. Yet Americans are still well-fed while only about 2% of the population works in agriculture. And the people of the U.S. found jobs doing other tasks, most of which didn't even exist until recently. It's
at least a mildly reassuring thought."

excerpt from: Rage Against Offshoring Is Very Real, David Kirkpatrick, Feb 18 2004
source: Fortune.com


"If you deprive yourself of outsourcing and your competitors do not, you're putting yourself out of business."

source: Lee Kuan Yew, Singapore's founder and senior minister