Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10 5/3/83; site oliveb.UUCP Path: utzoo!watmath!clyde!bonnie!akgua!sdcsvax!dcdwest!ittvax!qumix!qubix!ios!oliveb!jerry From: jerry@oliveb.UUCP (Jerry Aguirre) Newsgroups: net.politics Subject: Reagan's economics is hurting me Message-ID: <200@oliveb.UUCP> Date: Fri, 26-Oct-84 23:33:41 EST Article-I.D.: oliveb.200 Posted: Fri Oct 26 23:33:41 1984 Date-Received: Sun, 28-Oct-84 07:43:38 EST Organization: Olivetti ATC, Cupertino, Ca Lines: 13 I work for Olivetti ATC, which is a R&D group for Olivetti which is based in Italy. As an R&D group our operating expenses come from Italy. So when Olivetti has to pay our saleries they take the dollar amout, multiply it by the current exchange rate, and write the check in lira. With the dollar currently so strong, Olivetti-Italy is paying a fortune in lira to keep may salery at a competetive level in dollars. So I, for one, think Reagan is doing a terrible job with the economy. -:) Jerry Aguirre {hplabs|fortune|idi|ihnp4|ios|tolerant|allegra|tymix}!oliveb!jerry