Re: The Onion | Bush: 'Our Long National Nightmare Of Peace And Prosperity Is Finally Over'

Not a comment on our sector particularly, but these statistics are somewhat
telling.

http://www.dallasfed.org/htm/data/data/ru.tab.htm

The unemployment rate steadily went down between 01/1992 and 12/2000.  Since
01/2001 it's gone nowhere but up.

Three cheers for open source solutions , however, whatever cause is making
them stronger and more viable.  The 'FreeBSD guy' at my work was just
selected for one of the better positions in the enterprise, the BIG-IP
administrator.

Granted F5 uses proprietary software, but if it wasn't for his knowledge of
FreeBSD, my friend would still be a mere Citrix Admin like me.

Regards,

Adam
----- Original Message ----- 
From: "Nate Bargmann" <n0nb-k7QPB+T73Rh94W/[email protected]>
To: <[email protected]>
Sent: Monday, May 12, 2003 7:00 PM
Subject: [linux-help] Re: The Onion | Bush: 'Our Long National Nightmare Of
Peace And Prosperity Is Finally Over'


> Not to start a flame war, but this probably will...
>
> Let's say everything else over the past ten years had remained the same
> and instead of the constitutional amendment prohibition on a
> presidential third term, Clinton had been relected in 2000.  Y2k works
> out to be largely the nono-issue it was and September 11, 2001 happens
> along with the events that follow.  Would the tech sector and the larger
> economy look the same or be better?
>
> Keep in mind that the ramp-up to Y2k created a lot of demand for new
> tech systems from 1997 to 1999 and many businesses are probably still
> amortizing that capital investment.  Keep in mind that as early as late
> 1998 I remember analysts forecasting a tech sector shrinkage after
> January 1, 2000 once all the bugs were settled.  However, many investors
> failed to pay attention.
>
> September 11, 2001 would have caused at least as much uncertainty in the
> economy and possibly more than did happen no matter who was in office.
>
> I'm no fan of Clinton, but I do not blame his policies for the recession
> that showed signs of starting in the second quarter of 2000, before it
> was known who his successor would be.  My point is that it seems the die
> for this recession was set long before it occured and isn't the direct
> result of any presidential policies.
>
> The up side to the recession is that Linux is more popular and in a
> better position to be adopted and improved than if the boom of the '90s
> had continued unchecked.  Looked at it from that angle, then I would say
> the tech sector recession has resulted in careful implementation of
> technology in a lot of places based on cost/performance and not just a
> slick brochure and fancy sales presentation.
>
> Just my $0.02 worth.
>
> - Nate >>
>
> -- 
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