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Subject:
From:
Bill Gallik <[log in to unmask]>
Reply To:
Bill Gallik <[log in to unmask]>
Date:
Sat, 10 Apr 2004 22:57:06 -0500
Content-Type:
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text/plain (43 lines)
Let's see now:

1)  American companies want to improve the "bottom line" by saving money on
employees so they move the jobs they can to India (or some other foreign
country) because they can
     pay those people so much less.

2)  American workers from all corners of the economy are either going to
lose their jobs to this foreign competition or settle for much lower
compensation.

3) American consumers (previously referred to as "American workers" above)
will have far less disposable income for buying products.

4) American companies will find their products and services are not selling
as well because their customers do not have the money to pay for them any
longer.

5) American companies will lower the prices they charge to maintain the
customer base?

6) American companies will again be looking for ways to lower costs, chiefly
by lowering compensation to employees?

7) CEOs will be paid multiples of millions of dollars for successfully
triggering this deflationary disaster.

8) American companies will begin "outsourcing" the cEO and supporting upper
level positions in order to save money on compensation to these employees,
too?
----------------
Bill Gallik
E-Mail: [log in to unmask]


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