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#11
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[ QUOTE ]
Yes markets tend to direct resources optimally. But it's not magic. It doesn't always happen. [/ QUOTE ] A very accurate statement. Some times it takes a little push, like NAFTA, which allowed the shipping of 1 million + manufacturing jobs overseas, however, a much cheaper labor pool was finally achieved. They are now shipping many service jobs out of the U.S. For instance, tech support on computers and other areas, where it requires someone with specialized training. They now have developed a program that removes a lot of the dialect out of their speech. For instance, I talk to "Derrick" in India (who works for a sub contractor for our company), and he speaks slowly, allowing the computer to capture his speech and smooth it out. His voice still has a dialect, but not nearly as strong as one from North Dakota. |
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