Re: India's Labor Costs to Rise ??

On Tue, 23 Aug 2005 20:24:38 GMT, Joerg
<notthisjoergsch@xxxxxxxxxxxxxxxxxxxxx> wrote:

>Hello Jim,
>
>> Wonder what effect the following will have on cheap Indian labor
>> costs....
>>
>> http://news.bbc.co.uk/2/hi/south_asia/4177148.stm
>
>Sounds like the trend that much of Europe has gone through. Initial
>economic success -> on towards the welfare state -> tax increases ->
>bigger gvt -> more tax increases ...
>
>Ultimately the whole world will balance out. Our standard of living may
>go down a bit, theirs goes up but not by as much as the pioneers expect now.
>
>Regards, Joerg
>
>http://www.analogconsultants.com

Actually ours will go down a bit ON AVERAGE. We'll become a two-class
society... you and I will be fine, but we'll have a lot more poor
people to contend with... probably need bodyguards to escort us to the
mall ;-)

...Jim Thompson
--
| James E.Thompson, P.E. | mens |
| Analog Innovations, Inc. | et |
| Analog/Mixed-Signal ASIC's and Discrete Systems | manus |
| Phoenix, Arizona Voice:(480)460-2350 | |
| E-mail Address at Website Fax:(480)460-2142 | Brass Rat |
| http://www.analog-innovations.com | 1962 |

I love to cook with wine. Sometimes I even put it in the food.
.

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