January 08, 2004
Best Comment Ever
Someone named "Wichita Boy" left this on Daniel Drezner's blog.
I'm in the high-tech sector myself and have been for over 20 years. I've been laid off three times in the last three years, so I agree with you on the pain issue. One thing though is clear: the party's over. There is structural change occurring in the economy right now and it is occurring so fast that it is almost too fast for the human mind to comtemplate. Structural change is never pretty or pleasant for those to whom it is happening. The high-tech job market is moribund and will only get worse. Why? Moore's Law. The jobs which couldn't be moved to India in 1980, when I first learned Unix, because computers were so expensive and could only be bought by Americans, are being moved there in droves now. And there's nothing you, I, Dean, or Krugman can do to stop this. I'm sorry, but you got a degree in the wrong field at the wrong time. Why not study buggy-whip making? The breath-taking structural change occurring in the computer industry is the interesting economic story, one which can never be captured by a superficial reading of any of the statistics and one for which the facile and childish political attacks are completely irrelevant.
One of the best things I've seen on any blog anywhere in the last few months. And it's a freaking comment!
Posted by Arnold at 5:33 PM |
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