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Old November 7th 03, 06:45 PM
Icebound
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Tom S. wrote:
"Icebound" wrote in message
ogers.com...




When those same wage-earners become Consumers, they continue to buy from
certain large, dominant chains who have tons of suppliers in the
"emerging-economy" countries with questionable human rights and
environmental records and low wages, but thats a whole other NG.



Cite?



From the business pages:

http://www.thestar.com/NASApp/cs/Con...l=969048863851

or

http://makeashorterlink.com/?C34921976

some quotes:

"And so the giant Electronic Data Systems Corp., founded by Ross Perot
but no longer run by that noisy patriot, now recruits $1.25-an-hour tech
workers in India and sheds their $10-an-hour counterparts in EDS's home
state of Texas.

Wall Street brokerages including Morgan Stanley and J.P. Morgan Chase &
Co. are shifting from New York to India the ground-floor stock-research
jobs that traditionally lead to plum analyst assignments. Both India and
China are already well-known to recruiters from Intel Corp. and
Microsoft Corp.

Levi Strauss & Co. has just announced the closing of its remaining four
North American plants, including three in Canada, and will shift all
production to Asia and Latin America."