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Greed is Good??

No it isn't.

It destroys.

Except that the part you left out is that it creates more jobs than it destroys. If you like protectionism, head on over to Brazil. Ever check out their employment situation? Or that of any other protectionist country?

The outsourcing of prized information technology jobs overseas has created tens of thousands of new jobs in the United States, according to a recent study commissioned by the information technology industry.


"The cost savings and use of offshore resources lower inflation, increase productivity and lower interest rates," Global Insight said in a statement. "This boosts business and consumer spending and increases economic activity."

According to this study, these benefits "ripple" through the economy, leading to about 90,000 net new jobs through the end of 2003. This effect, the study said, should produce a total of 317,000 net new jobs through 2008.

The study also said outsourcing added some $33.6 billion to U.S. gross domestic product (GDP) in 2003 and could add a total of $124.2 billion through 2008.

Greed should not be confused with wealth. Wealth is good. Ever get a job from a poor man???

Ignorance is good? No, it destroys, while it feels good...

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