Tech Companies Focus on Asia to Expand Jobs

[coyote]

NEW YORK (Reuters) - Technology companies are seeing a rebound in business, but top executives this week said any jobs added to meet growing demand will likely be in countries where labor is cheaper than the United States.

Executives speaking at the Reuters Technology, Media and Telecommunications Summit in New York said they see increased hiring in countries like India and China, but few jobs will be added in the United States.

Michael Jordan, chief executive of technology services provider Electronic Data Systems Corp. (NYSE:EDS - news) said EDS's number of employees in low-cost locations like India will rise to 20,000 from 9,000, by 2006.


more.........

http://story.news.yahoo.com/news?tmpl=story&cid=569&ncid=738&e=1&u=/nm/20040227/tc_nm/tech_summit_offshore_dc

[mhr]

1. Capital Is Free To Roam The Globe, Workers Cannot

When anyone proposes free trade without restrictions on capital or without provisions that protect workers, they are nothing but shills selling out workers, American or otherwise.

These shills, Greenspan, Manikaw, Etc. (Bush is too stupid to understand), claim that unbridled free trade is good. However, it is evident to all that good only means good for corporations.

The corporations are taking advantage of labor arbitrage because they can. They know that workers are a fixed plant asset i.e. tied to a particular country through immigration laws, impossible to hurdle financial restrictions preventing relocation, and familial and societal ties to home and country.

And they don't care! Their capital can fly across the globe at near light-speed to be planted temporarily in this country or the next. When the local labor weeds become too pesky to control, the capital is uprooted and replanted again with a more pliant variety of labor plant.

All the while, the refuse and carnage of destroyed human hope is left to pick up the pieces of lost dreams and opportunities.

The solution, Tax these corporations into submission.

Nothing less than FEAR will bring these rogue economic elements into line. Nothing less than an outright NO will prevent these leeches from draining each and every worker, bluecollar, whitecollar, or otherwise, completely dry.

We are witnessing a new form of feudalism spawn right before our eyes and modern democracies will be destroyed unless these people are stopped and stopped now!

Always Remember:

The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.

Thomas Jefferson
Founding Father Of The United States of America

[w4rma]

2. The tech industry is not the only industry fleeing the United States (n/t)