With over 90% of the people making less than 35k (thats a 2 or 3 income
family, coz at least one will have 2 jobs), they will be not be paying any
income taxs. So it serves the greedy CEOs right that they pay 90% of their
income in taxes.

You will not have to worry about selling your house. No one will be able to
afford a home and the property tax rate is not very high on a multilevel
cardboard box under the interstate bridge.

rant off

Joe


----- Original Message -----
From: "Derek" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Wednesday, January 07, 2004 3:44 PM
Subject: [HP3000-L] OT: NYTimes.com Article: Op-Ed Contributor: Second
Thoughts on Free Trade


> Yet another article on offshoring.
>
> http://apnews.excite.com/article/20040107/D7VU68UG0.html
>
> I'm so glad that soon I'll be able to buy everything for pennies since
> that wonderful offshore labor has reduced the cost of everything.  Well,
> it better be for pennies because once we are all laid off, our "Do you
> want fries with that" paycheck sure won't cover much.
>
> And by the way, that new paycheck I'll be earning won't be giving much
> taxes to the Federal Govt., the state govt.,  or the local govt. You won't
> see much sales tax either as I won't be buying too much.  Also, you won't
> be seeing much property taxes from me as I will have to sell my house
> too.  But, I'm sure the foreign governments will be more than pleased to
> tax their workers based on the money that the U.S. is sending them.
>
> Someone said that all we American worker need to do is to be more
> productive to be competitive.  Yeah, sure,  given that the foreign workers
> are using the same compilers/software as me, I'm sure I can be at least 4-
> 5 time MORE productive than them in order to cover my bigger paycheck.
>
> End of my whine, but really, where is the U.S. headed when China and India
> have VAST labor pools ready to pick up anything that can be sent through
> the internet and they can do it for less than a quarter of the cost of
> doing it here?  The U.S. is headed for a downward spiral as more people
> lose jobs, can't afford things so don't buy and then more people lose
> jobs.  It ends when we become a third world economy.
>
> My rants and raves are my own and conspicuously conflict with my
employers!
>
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>

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