[NTLUG:Discuss] OT: Fried

[Greg Edwards]

clayramsey1 at comcast.net wrote:
> 
> The newest widget, sure.  But, can the widget survive in the regulatory climate we have?  Again, see the Verizon / FTTP example.
> 
> 

Sorry, regulations aren't the problem.  The problem is who's going to 
create the widget and build the prototype?  Regulations did not stop the 
growth from 94-00.  Regulations did not prevent the expansion in 
technology and resulting spread to every other sector of our economy 
from happening.

There is only 1 major difference in the economic factors between the 
early 90s, late 90s, and 00s.  I don't want to pay taxes any more than 
anyone else, but this is nuts!!!  If the taxes vs spending had been left 
the way they were we'd still be growing and the debt would nearly be 
gone by now.

Outsourcing is an effect not a cause.  R&D is an expensive venture and 
when the money supply dries up the cost of money goes up.  Very few 
companies have the money in the bank to fund R&D and when the money 
supply is being sucked up by the government the shrinking supply gets 
more expensive.  When a company doesn't know what R&D money is going to 
cost them 2 years from now they can't start those new projects, so R&D 
and new product development stops.  Or, it moves to a cheaper source.

H1-B (which is what started this firestorm) became an attempt to 
artificially hold down wages by some greedy companies.  At the wages 
those companies were paying workers they were making a profit so it was 
greed that motivated the push to make the H1-B supply greater than the 
demand.  High-Tech (or IT in generic terms) has been the hardest hit, 
about 72% IIRC.

-- 
Greg Edwards
New Age Software, Inc. - http://www.nas-inet.com
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