<if Shaikh is right and the U.S. is in a long upswing, there could be a lot more where this came from>
and Rakesh writes:
<the US boom is not inspite of but because of the world wide slump>
If you are both right, won't these trends encourage massive movement across borders, with the immigrants putting significant downward pressure on wages in the US, particularly on the wages of unskilled and semiskilled labor?
K. Mickey