re: #5 Bob Levin

First point: Microsoft and Apple didn’t “save” the economy in the 80’s. The PC changed many things, but I worked in software those days. Business didn’t retool just because the computers became smaller or the internet made JIT more practical.

The 2000 year bug was a heavily over hyped issue that created a bunch of short term work for many (much of it automated scanning of old Cobol code) and outsourcing started well before 2000, but the biggest issue here is manufacturing, not Indian programmers. (Outsourcing of factories, not intellectual property).

The point of the link is that (USA) innovation creates new industries, but not necessarily in the USA. History is little guide when we are talking of manufacturing and jobs for those who don’t have masters degrees in advanced technologies, or having real products to export in this age.