Doug wrote:
"Aren't most capital-heavy industries high wage and labor-heavy ones low wage?" Henwood, old man, be quiet or you'll scare the techies. Don't you know this is the "information economy?" You don't really think U.S. companies would ship all those high-paying programming jobs to Bangalore just to lower their costs, do you? and ruin the "New Paradigm?" Little brown people certainly can't be smart enough to handle that kind of brain work, can they? Why think of all those soccer fields on the Redmond campus of Microsoft. You don't think those could go the way of the employee softball fields of the steel and textile industries do you?
peace