The Mudcat Café TM
Thread #71309   Message #1219288
Posted By: Bobert
04-Jul-04 - 11:17 AM
Thread Name: BS: Boston Consulting Group wants you fired!
Subject: BS: Boston Consulting Group wants you fired!
Well, ain't this something?

A report by the Boston Consulting Group released this week "warns American firms that they risk extinction if they hesitate in shilfting facilities to countries with low costs."

They also point out that "a view of among U.S. executives (is) that the quality of American workers is deteriorating."

(Washington Post, July 2, 2004, "Implored to 'Offshore' More", by Paul Blustein)

My only question is the same one I keep asking. When the United Sates becomes a Third World country with 95% of its people either unemployed or vastly underemployed (which we are seeing now), who is going to buy the junk that these corporations make overseas? And a follow up question. Just how will the rich then live in a country where their greed has just reduced the masses to an impoverished class? (Think Haiti here, if you like...)

Bobert