Word: teche
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...Internet economy is about to collapse. In fact, most laid-off workers are being recruited by other tech firms faster than ever. (A group of headhunters from Amazon.com arrived at Reel.com's offices a day after the firings and found the company's engineers and management had already obtained employment elsewhere.) It's just that cautious investors have finally forced websites to think about that once blasphemous bottom line...
...policies they believe will keep Americans employed and the nation prosperous, they could just as well be running on the same ticket. Both candidates generally embrace free trade, endorse a balanced budget and agree that a first-class education system is a critical federal priority in a high-tech Information Age. Both lobbied for the controversial China trade deal that has passed the House and is now before the Senate. The consequence of this new consensus is a dramatically changed American political scene in which some century-old economic debates appear to be settled...
...Dreier changed his mind about the role of immigrants in this country? Absolutely not. He sees no contradiction--indeed no relationship at all--between his immigration positions and his effort to increase visas for high-tech guest workers. "It's a skilled-workforce bill, not an immigration bill," he says...
...kids in public schools. "We are trying to decrease the magnet which draws people illegally into this country," said Dreier, a Republican then known as an immigration hard-liner. Now, however, Dreier is just as emphatically championing his bill to bring more foreigners into the U.S. to do high-tech jobs. "Without these professionals, the prosperity we are enjoying today will be threatened," he says...
...parties for who has an advantage with new money and who has an advantage with new voters." In the end, Congress will probably approve more visas. But it won't be pretty. Says a frustrated G.O.P. aide: "This is no longer about a narrow economic issue that the high-tech guys think is important, but a political football. It reeks of partisan gamesmanship...