Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Powell Reassures India on Technology Jobs
New York Times ^ | March 17, 2004 | STEVEN R. WEISMAN

Posted on 03/17/2004 6:48:09 PM PST by MannyP

Powell Reassures India on Technology Jobs By STEVEN R. WEISMAN

Published: March 17, 2004

EW DELHI, March 16 — Secretary of State Colin L. Powell, encountering the other side of a tempestuous debate in the United States, sought to assure Indians on Tuesday that the Bush administration would not try to halt the outsourcing of high-technology jobs to their country.

Advertisement

In discussions with Indian leaders and college students, Mr. Powell found that the issue of the transfer of American jobs to India by leading technology companies was as emotional in India as in the United States.

But whereas American politicians have deplored the loss of such jobs, it was clear that the anxiety in India focuses on threats by some members of Congress to try to stop the transfer by legislation.

Responding to a questioner in a session with students who asked if he supported or opposed outsourcing, Mr. Powell said: "Outsourcing is a natural effect of the global economic system and the rise of the Internet and broadband communications. You're not going to eliminate outsourcing; but, at the same time, when you outsource jobs it becomes a political issue in anybody's country."

Mr. Powell told the students what he had said to reporters earlier in the day after a meeting with Foreign Minister Yaswant Sinha: an appropriate American response to outsourcing was to press India to open up to imports of American investments, goods and services.

He said one purpose of his trip was to explain to India that because outsourcing had created a political problem in the United States, India could help by lowering its trade barriers. He said he was making that request, not as a condition for the United States allowing outsourcing to continue, but because it was in India's interest to be more open.

In February, Gregory Mankiw, chairman of the White House Council of Economic Advisers, stirred a political outcry when he called the outsourcing of jobs a long-term "plus" for the economy. While Mr. Powell said Tuesday that "it is the reality of 21st century economics that these kinds of dislocations will take place," he was quick to add that the Bush administration would work to train people for new jobs.

In Washington, the White House endorsed Mr. Powell's comments.

"The secretary made clear in his remarks that we are concerned when Americans lose jobs, and we are focused on creating jobs for American workers, and the best way to do that is to open markets around the world, including in India," said Claire Buchan, a spokeswoman for the White House.

But David Wade, a spokesman for Senator John Kerry, the presumptive Democratic presidential nominee, said Mr. Powell's comments demonstrated how the Bush administration has "failed to fight for American workers."


TOPICS: Constitution/Conservatism; Foreign Affairs; Government; News/Current Events; Politics/Elections
KEYWORDS: 2004; bush; election; globalization; it; jobs; powell; president; trade
Navigation: use the links below to view more comments.
first 1-5051-100101-150151-153 next last
So, the President and his economic advisors favor outsourcing or job exportation. I'm glad that Powell is reassuring the Indians that they will be able to continue taking American jobs. I wonder whether anyone in the GOP wants to reasure the American people that there will be high paying jobs for the average Joe? Any bets?
1 posted on 03/17/2004 6:48:10 PM PST by MannyP
[ Post Reply | Private Reply | View Replies]

To: MannyP
This WILL be the downfall of the Bush Administration.

It's as if all our leaders are CLUELESS.

2 posted on 03/17/2004 6:50:00 PM PST by BikePacker
[ Post Reply | Private Reply | To 1 | View Replies]

To: MannyP
unless the monthly jobs reports start improving, this issue along with $3 a gallon gas will give Kerry the presidency.
3 posted on 03/17/2004 6:50:22 PM PST by oceanview
[ Post Reply | Private Reply | To 1 | View Replies]

To: MannyP
I cannot understand some of the things my President is doing. Such actions are likely to lose the White House - and, perhaps, the Senate as well.

I was noticing that the CRB spot index is up over 20% versus a year ago. Is general inflation in the offing?

Employment issues + $3 gasoline + inflation does not result in winning an election...

4 posted on 03/17/2004 6:57:36 PM PST by neutrino (Oderint dum metuant: Let them hate us, so long as they fear us.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: neutrino
One of these days we are going to have to embrace the FACT of the Global Economy. Outsourced jobs create better budgets for comanies to invest in innovation. Remember, an 'isolationist economy' will kill America and American jobs! The future is in innovation, not remedial outsourced jobs.

Plus, do you think we need Pakistan right now? If we were not supporting Iandia with their economy, they would be howling over our deposits into Pakistan - there enemy. There is more to the story than just a telemarketing job. Global economics is a must for America to servive...if not, then we keep our jobs and the world developes the new frontier of innovation.

What about lower hurdles when it comes to government standards, and union burdens for companies who hold factory jobs and tech jobs. Might be nice to see the unions call off the dogs so these 'outsourced jobs' would slow down.

Too many fronts in this issue to discuss in a thread, care to learn more tune to 1380 KTKZ.
5 posted on 03/17/2004 7:03:27 PM PST by Eric Hogue 1380 KTKZ (1380 KTKZ / 5-9AM Weekdays in Sacramento)
[ Post Reply | Private Reply | To 4 | View Replies]

To: oceanview; CasearianDaoist; Burkeman1; dennisw
Mr. Powell told the students what he had said to reporters earlier in the day after a meeting with Foreign Minister Yaswant Sinha: an appropriate American response to outsourcing was to press India to open up to imports of American investments, goods and services.

Oh brother...we're going to "press" them after the fact.

6 posted on 03/17/2004 7:04:48 PM PST by Shermy
[ Post Reply | Private Reply | To 3 | View Replies]

To: Eric Hogue 1380 KTKZ
One of these days we are going to have to embrace the FACT of the Global Economy.

And shouldn't India do so in reciprocation? They're not.

7 posted on 03/17/2004 7:06:12 PM PST by Shermy
[ Post Reply | Private Reply | To 5 | View Replies]

To: MannyP; joanie-f; snopercod; Carry_Okie; backhoe; Willie Green
The White House, that is, the Bush Administration, as usual, is largely incorrect on this matter.

"The best way to create jobs" is to reduce the costs of doing business, for American business, and that is best done by reducing government regulation.

As we have seen, a reduction of the interest rate --- "the gas pedal" --- does not work when the opportunity for using a reduced interest rate, in American industry, has been scrubbed away by confiscatory taxation and regulation.

Now, reducing the the burden of government, on American businesses, requires that a President, and the Congress, and the Judiciary (who think that they rule over everybody), shall have to match reductions in their costs operation, with the reductions in the business world, instead of, as has been their want, to bloat their way to ever-increasing taxing of the real working class --- the actual producers in the private sector; which is to say, federal layoffs should have kept up some pace with layoffs in the private sector, but they have not.

In fact, with the exception of employees in the budget area at the President's discretion with regard to national defense, he has not layed off any kind of hundreds, let along thousands, nor even hundred thousands of people ... has has been the fate of several hundreds of thousands in the private sector who have remained burdened with paying taxes with which to keep the comfortable 'government class' of alleged-workers up to their necks in benefits, in order for the President to appease socialists: the Senate Democrats, for example.

The President should have long ago been working to make lean and efficient, the federal government, but he has not.

I hasten to add, for all those who claim Bush to be like Reagan, in this area, Bush is most definitely not; because President Reagan, in constrast to President Bush, was adamant about attending to the needs that we reduce government bloat, inefficiency, etc.

Bush has little, if any experience with telling Senate Democrats (and some Republicans), "No!"

Bush has NOT been reducing the size of the non-uniformed government payroll.

Bush has NOT been talking, as a matter of day to day policy, about reducing the waste that is the want of government.

Those many areas where government is a tax upon the private sector, to the point of its having to leave town.

Funny, that; there are communities across the country, where some townspeople have figured out that government taxation and regulation drives away jobs.

Karl Rove ought to visit some; maybe, just maybe, before the elections.

Colin Powell, too!

8 posted on 03/17/2004 7:12:34 PM PST by First_Salute (May God save our democratic-republican government, from a government by judiciary.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Eric Hogue 1380 KTKZ
"embrace the FACT of the Global Economy"
Global economy means higher standard of living for India, China, and Vietnam - lower standard of living in America. These newly successful countries have the one thing that used to be our strength - homogenous workforces. America on the other hand is becoming less assimilated and more fragmented every day. Our media and schools are intentionally dumbing our children down. Unless we have leadership that will stand up for America's people and culture then we are finished as a nation. I don't see either Bush or Kerry helping at all.
9 posted on 03/17/2004 7:15:41 PM PST by afz400
[ Post Reply | Private Reply | To 5 | View Replies]

To: MannyP
...stirred a political outcry when he called the outsourcing of jobs a long-term "plus" for the economy. While Mr. Powell said Tuesday that "it is the reality of 21st century economics that these kinds of dislocations will take place..."

A rare example of politicians willing to do the unpopular thing to promote long-term benefit for the majority. Powell is right on target on this issue. It is short term pain, no doubt about it. But freeing up human resources to retrain and re-engage in the marketplace in a new function provides NEW goods and services that were not previously being provided due to lack of resources or motivation; and therefore grows the economic pie larger.

"The secretary made clear in his remarks that we are concerned when Americans lose jobs, and we are focused on creating jobs for American workers, and the best way to do that is to open markets around the world, including in India," said Claire Buchan, a spokeswoman for the White House.

Other nations are converted to free-market capitalism as they share the rewards. Partners in capitalism, sharing the rewards, have more at stake and more to lose -- and are therefore less likely to become adversaries -- and we are less likely to have to be looking at them down the end of a rifle. If one is able to stay this course long enough, the payoff -- economic, political, and otherwise -- will be enormous.

But David Wade, a spokesman for Senator John Kerry, the presumptive Democratic presidential nominee, said Mr. Powell's comments demonstrated how the Bush administration has "failed to fight for American workers."

Anytime the government is fighting for me, it makes me nervous. Just provide a level playing field, enforce the rules, ensure access to training and resources, and stay out of people's way.

10 posted on 03/17/2004 7:18:28 PM PST by Prince Caspian (Don't ask if it's risky... Ask if the reward is worth the risk)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Shermy
One of these days we are going to have to embrace the FACT of the Global Economy.

Rubbish! This does not imply that we have to move our high tech jobs over to India. One of these days we are going to have to embrace the fact that the global integration of economy will destroy this nation. When we lose our technical edge do you think that people like India will "help us out." Powell is not doing his job, he is suppose to represent American citizens, not Indian ones.

Our forefathers never would have stood for this. The elites in this country will destroy in a generation what it took 13 to build up.

The Indians are laughing as they import more American careers, they are laughing at Powell and they are laughing at us.

Powell has it backwards. Economic policy is tool for national security, not a doormat. It is embarassing to see him overthere kowtowing to a third world country that opposed us throughout the Cold War and that even now is developing high tech weoponry with Russia.

The current administration does not have enough people in it that understand high tech economies.

11 posted on 03/17/2004 7:22:55 PM PST by CasearianDaoist
[ Post Reply | Private Reply | To 7 | View Replies]

To: Eric Hogue 1380 KTKZ
Outsourced jobs create better budgets for comanies to invest in innovation. Remember, an 'isolationist economy' will kill America and American jobs!

Really? As another poster asked, if this is true, then why isn't India outsourcing their work? As matters stand, their economy is growing more quickly than our own.

China has high tariffs. More than that, they have a currency pegged to the dollar - this is all the very opposite of the free-trade ideal so widely espoused, and so seldom practiced.

It is interesting, is it not, that the UN favors free trade. Most of the UN's policies are not favorable to the US. Now, might it be possible - just possible - that free trade is not in our best interests?

12 posted on 03/17/2004 7:26:14 PM PST by neutrino (Oderint dum metuant: Let them hate us, so long as they fear us.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Eric Hogue 1380 KTKZ
Amen brother. Preach it! At one time, the future may have been in "plastics" as the line in the movie had it. Today, the future is in innovation. Those that innovate and adapt will survive. Those that don't, or those that do it half-heartedly with a stinking attitude, will shrivel. Those that innovate and adapt more quickly than others and do it with the right attitude, will be wealthy.
13 posted on 03/17/2004 7:26:53 PM PST by Prince Caspian (Don't ask if it's risky... Ask if the reward is worth the risk)
[ Post Reply | Private Reply | To 5 | View Replies]

To: afz400
Believe it or not...but the US is far more homogenous than India...by miles. India has 24 national languages...1500 dilects. Five major religions, one of which (Islam) is not subject to Indian law. India has one thing the US does not. 1. Strong family 2. Very conservative 3. Education is very strong.

You have to remember one thing about India. It has been a capatilist country for over 3000 years. It is only the last 50 years that socialism had crept in to damper the Indian spirit. 10 years ago - socialism was stabbed in the heart in India.

14 posted on 03/17/2004 7:27:53 PM PST by USMMA_83
[ Post Reply | Private Reply | To 9 | View Replies]

To: Prince Caspian
Those that innovate and adapt more quickly than others and do it with the right attitude, will be wealthy.

Really? Innovation as in new ideas and concepts? How interesting that India and China are pursuing this very sort of endeavor. And with 2 billion smart, hard working people between them, they can come up with lots of new ideas.

So when your children are serving their new Chinese, or Indian, masters - remember that your decision helped bring it about.

15 posted on 03/17/2004 7:34:09 PM PST by neutrino (Oderint dum metuant: Let them hate us, so long as they fear us.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: neutrino
There is no chance for victory by choosing not to play the game. Only disqualification.
16 posted on 03/17/2004 7:37:00 PM PST by Prince Caspian (Don't ask if it's risky... Ask if the reward is worth the risk)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Shermy
Follow the money. Colin Powell gets paid by the government and so does his son who runs the FCC. His son must be a lawyer too. What do lawyers really care if our industrial and technological base is frittered away? Most lawyers are failed actors who are morons when it comes to science and practical economics.

As in running huge trade deficits which are poison to USA.
17 posted on 03/17/2004 7:38:44 PM PST by dennisw (“The fear of the Lord is the beginning of knowledge: but fools despise wisdom and instruction.”)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Prince Caspian
There is no chance for victory by choosing not to play the game. Only disqualification.

That depends on the game, now, doesn't it?

It also depends on the consequences of loss. Perhaps mere disqualification is preferable to loss.

18 posted on 03/17/2004 7:40:18 PM PST by neutrino (Oderint dum metuant: Let them hate us, so long as they fear us.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: MannyP
It's the liberal slant of the NYT. The USA Today story with regard to the same speech was titled, "Powell Prods India on Outsourcing."
19 posted on 03/17/2004 7:40:30 PM PST by Brilliant
[ Post Reply | Private Reply | To 1 | View Replies]

To: neutrino
Your choice.
20 posted on 03/17/2004 7:42:15 PM PST by Prince Caspian (Don't ask if it's risky... Ask if the reward is worth the risk)
[ Post Reply | Private Reply | To 18 | View Replies]

To: MannyP
He said he was making that request, not as a condition for the United States allowing outsourcing to continue...

Why not? They are probably still laughing at him. Like we are really going to see India open its markets with this group in the White House.

21 posted on 03/17/2004 7:45:05 PM PST by Last Dakotan
[ Post Reply | Private Reply | To 1 | View Replies]

To: MannyP
Thank goodness the Bush adminstration is creating jobs somewhere. Maybe its too much to ask for them to care about our country instead of India.
22 posted on 03/17/2004 7:45:45 PM PST by KC_Conspirator (This space outsourced to India)
[ Post Reply | Private Reply | To 1 | View Replies]

To: oceanview
unless the monthly jobs reports start improving, this issue along with $3 a gallon gas will give Kerry the presidency.

You are right, my friend.

23 posted on 03/17/2004 7:48:27 PM PST by The_Media_never_lie
[ Post Reply | Private Reply | To 3 | View Replies]

To: CasearianDaoist
I am still waiting for India to create something.
24 posted on 03/17/2004 7:48:48 PM PST by KC_Conspirator (This space outsourced to India)
[ Post Reply | Private Reply | To 11 | View Replies]

To: oceanview
unless the monthly jobs reports start improving, this issue along with $3 a gallon gas will give Kerry the presidency.

You are right, my friend.

25 posted on 03/17/2004 7:49:51 PM PST by The_Media_never_lie
[ Post Reply | Private Reply | To 3 | View Replies]

To: MannyP
Not good. Not good at all.
26 posted on 03/17/2004 7:50:08 PM PST by Ciexyz
[ Post Reply | Private Reply | To 1 | View Replies]

To: MannyP
With help like this, the country will usher in a new president next year, Pres. Kerry. What happened to protecting our homeland jobs and financial well being?
27 posted on 03/17/2004 7:52:36 PM PST by PCole
[ Post Reply | Private Reply | To 1 | View Replies]

To: dennisw
I think we must fight this offshoring very hard. It is something fundamentally new that we have not seen before. If you don't believe this, then answer the question - what career can you educate yourself for that cannot be done more cheaply overseas? Steven Pearlstein of the Washington Post has proposed a 1% tariff on all goods and services coming into the United States. This will give the companies some additional financial consideration when they go to outsource jobs.
28 posted on 03/17/2004 7:52:37 PM PST by CompProgrammer
[ Post Reply | Private Reply | To 17 | View Replies]

To: neutrino
Folks, India cannot outsource jobs, they have none! We provide them the remedial jobs. They then make money and BUY our products.

Get this...we give them a buy ecoonomy of our products. We don't want them to be the one's that own the jobs - right? Then they own the innovation...control the future.

America should control the innovation and then control the future! Think this over folks.

There is no way that India will ever overtake us, unless we become isolationists and force them too!!!
29 posted on 03/17/2004 7:53:27 PM PST by Eric Hogue 1380 KTKZ (1380 KTKZ / 5-9AM Weekdays in Sacramento)
[ Post Reply | Private Reply | To 12 | View Replies]

To: BikePacker
when I saw the headline, I relived a horror - brand new computer with problems - called twice, both times not understanding what the guys were saying (dialect) and their obvious reading from a script ("I understand your frustration" became old after repeated use). Lost most of the day. Next day got an American. Within an hour, problem resolved - and I understood every word he said. I called and wrote the computer company expressing my displeasure with their workers ... who were from India. It was awful.
30 posted on 03/17/2004 7:54:47 PM PST by lakewriter (For those who fought for it, freedom has a flavor the protected will never know.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Eric Hogue 1380 KTKZ
they buy our products? yeah, food and treasury bonds, those are our products. with the rest of their dollars, they buy oil from the Saudis.
31 posted on 03/17/2004 7:54:57 PM PST by oceanview
[ Post Reply | Private Reply | To 29 | View Replies]

To: Prince Caspian
There is no chance for victory by choosing not to play the game. Only disqualification.

I don't play games when all the rules are fixed against me.

32 posted on 03/17/2004 7:55:52 PM PST by Last Dakotan
[ Post Reply | Private Reply | To 16 | View Replies]

To: Eric Hogue 1380 KTKZ
One of these days we are going to have to embrace the FACT of the Global Economy.

You're a flippin idiot.

Our "trade policies" throw the American worker under the bus, and ya know what @$$hole? They vote.

33 posted on 03/17/2004 8:02:07 PM PST by BikePacker
[ Post Reply | Private Reply | To 5 | View Replies]

To: Eric Hogue 1380 KTKZ
They then make money and BUY our products.

You got that wrong - should be assets. They then make money and BUY our assets.

34 posted on 03/17/2004 8:02:27 PM PST by Last Dakotan
[ Post Reply | Private Reply | To 29 | View Replies]

To: Prince Caspian
There is no chance for victory by choosing not to play the game. Only disqualification.

Computer Science enrollments at MIT are down by 33% this years. When asked, potential students said that they were looking into careers in finance and law. And they are right. They would be fools to go into a field where they have to compete with countries that can turn out more engineers than our entire population and that work for 10 bucks an hour!

Innovation in high tech comes from design and engineering.The country that has that pool will do the innovating

China now requires US technology companoies to set up R & D centers in China in order to enter into the countries market place, and they require that they "partner" with a local firm to do direct technology transfer. We are in effect creating a competitor.

Our only advantage is our current lead, one that is eroding fast. The solution is to put pressure on these technology companies to create technology that automates out the inefficiencies that causes them to outsourceing the first place, and India and China will just have to take their lumps and develope their own technology. That is really how we got this technology in the first place because we limited its export and kept the R & D at home! This will never happen if they can just off shore those inefficiencies. Eventually (and I mean in 5 to 10 years) they will match us and go beyond us. What we are doing is transfering wealth.

It is the most absurd Orwellian doublespeak to say that exporting highly skilled and highly paid jobs to the third world will create good jobs. It is just the opposite, and if you would get your "free trade" religion out of your eyes you would see that.

And when we hear from High tech companies that we should invest more taxpayer's money in research what they mean is they want more free research that they will just ship overseas to commercialize. At what point does this partice cease to become an investment in the national interest and become industrial serfdom?

Global economic integration results in global political integration. Economic Globalism is a precursor to Global Socialism for it destroys the the economic security and freedoms of the middle classes and thereby destroys the national state.

And our business and political elites know this. That is just the point:They know this and they do not care for they see themselves as part of a emerging international aristocracy and not first and foremost loyal citizens of the the United State of America. They may be right about their personal decisions but those decisions will render your children serfs for they will not be in that select group, they will be their servants.

35 posted on 03/17/2004 8:02:57 PM PST by CasearianDaoist
[ Post Reply | Private Reply | To 16 | View Replies]

To: KC_Conspirator
You will not have to wait much longer - 5 to 10 years before they take the lead in software.
36 posted on 03/17/2004 8:05:19 PM PST by CasearianDaoist
[ Post Reply | Private Reply | To 24 | View Replies]

To: CasearianDaoist; A. Pole
bravo.
37 posted on 03/17/2004 8:05:37 PM PST by oceanview
[ Post Reply | Private Reply | To 35 | View Replies]

To: Last Dakotan
We are very short-handed at work. One of my friends (a super-smart guy) is working, but looking for something else. He would be a godsend to our business. I asked my boss if we could hire him and he replied, "Would he work for $5,900 per year?". He says that's what our company (an American icon) is paying people in India. I believe that the true figure is higher than that, but if we do not do something (think TARIFF), then all the jobs will go overseas. I was thinking later that my teenage daughter, working part-time, made $7,500 last year. We may all have to join her.
38 posted on 03/17/2004 8:12:01 PM PST by CompProgrammer
[ Post Reply | Private Reply | To 34 | View Replies]

To: Eric Hogue 1380 KTKZ
You cannot control innovation if foreigners do all the engineering. The innovation in technology really comes from 50 years of taxpayers' investment in technology that they were told was in the national interest. They were not told that it would just be shipped oversea in the order to help "global value chains." They have just had their pocket picked.

It is just nonsense to say that you are going to make engineering a menial jobs in this country and then expect to have "control of innovation." you can lower peoples' wages here but you are not going to lower the price of real estate. And the social cost in crime and substance abuse as we descend into third world status will be devastating. And national defense> forget about it. It will be the Chinese and the Indians that are the world powers. We will be pushed back to a role much like England has today.

39 posted on 03/17/2004 8:14:07 PM PST by CasearianDaoist
[ Post Reply | Private Reply | To 29 | View Replies]

To: CompProgrammer
what your boss doesn't realize, unless he is above the ceiling of the "protected" management class within the company, eventually those Indian "grunt" programmers will be able to do his job, and at that point, he's gone too.
40 posted on 03/17/2004 8:14:37 PM PST by oceanview
[ Post Reply | Private Reply | To 38 | View Replies]

To: oceanview
on your second point:

Saudi Arabia: "We are going to cut oil production before the presidential election"

translation: "We want somebody as Prez who is not going to force democracy on Arabs, or drill for oil in Alaska (competition don't you know) - somebody like Kerry"

$3 gas will just piss off people - and I expect John F'n Kerry to say something about "SUV madness" in the next couple of weeks when Saudi Arabia cuts oil production. (it hasn't happened yet)

and wouldn't you know. The most profitable models for GM and Ford are SUVs - and if petrol stays high, sales will lag in the SUV segment, and we'll see detroit laying off thousands of people.

Congress should change derivative gas formulas to a uniform standard instead of 15 gazillion formulas that makes GAS about 45 cents more expensive than it should be -(Thank YOU Heir Clinton).
41 posted on 03/17/2004 8:16:12 PM PST by PokeyJoe (FreeBSD; The devil made me do it.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Prince Caspian
"Just provide a level playing field..."

Do you think China is providing a level playing field in regard to free trade?
42 posted on 03/17/2004 8:22:26 PM PST by MissouriForBush (Insert "Was" Because of Disastrous Illegal Immigration Non-Plan)
[ Post Reply | Private Reply | To 10 | View Replies]

To: PokeyJoe
Bush could do a few things:

- open the strategic reserve for crude
- use an EO to put a temporary halt on the special blended gasoline EPA requirements so the gasoline market isn't as fractured as it is now.

I don't see him doing either of these things.
43 posted on 03/17/2004 8:22:37 PM PST by oceanview
[ Post Reply | Private Reply | To 41 | View Replies]

To: MissouriForBush
No. The road's got some potholes.
44 posted on 03/17/2004 8:25:18 PM PST by Prince Caspian (Don't ask if it's risky... Ask if the reward is worth the risk)
[ Post Reply | Private Reply | To 42 | View Replies]

To: Eric Hogue 1380 KTKZ
Folks, India cannot outsource jobs, they have none!

Oh?  Their textile industry employs 20,000,000 Indians, and account for one third of India's exports.

Their computer industry has a compound growth rate of 50% during the last five years - and most of the demand for floppy drives, dot matirix printers, keyboards, CRT's and other components is from indigenous production.

Their software industry is working on AI and fifth generation systems.

India is a major exporter of heavy and light engineering goods.  They also make their own construction equipment.

Don't believe it?  Here's a link to their embassy.

This is an economy that you claim has no jobs to outsource?  They claim they do.

And if we're to believe Wildman Mankiw, all they must do to become rich is to export those jobs.  Hey, if it's good for us, surely it would be good for them!

 We provide them the remedial jobs.

Umm-hmm.  Like leading edge computer research.  Sure, sounds remedial to me. (/sarcasm)

They then make money and BUY our products.

In January, 2004 we exported $342.3 million USD worth of products to India.

We imported $1,180.0 million USD worth of products from India.

This means we have a trade deficit for a single month of $837.7 million USD.  This is part of a growing deficit that goes on month by month over years.

Source: Census bureau.

I believe this comes under the general category "helluva deal". 

Get this...we give them a buy ecoonomy of our products.

I'll tell you what.  You give me your money.  I'll buy your services one of these days, maybe.  Sound like a plan?

We don't want them to be the one's that own the jobs - right? Then they own the innovation...control the future.

America should control the innovation and then control the future! Think this over folks.

I have a better idea.  Let's keep control of both the innovation and the jobs.

There is no way that India will ever overtake us, unless we become isolationists and force them too!!!

Let's see now....a billion smart, hard working people.  Lots of rigorous education.  And they control the jobs, and thus the revenue and economic power implied thereby.  They are overtaking us now, today - and if we don't protect ourselves, they will compete with China to become the world's preeminent power.  The US will, then, become a second-rate has-been.

Think this over carefully, for it is the destiny you are choosing.

Hint: The US dollar is in decline.  Our foreign and domestic debt are accelerating.  And inflation - as measured by the the spot prices of commodities over the past year - may be rekindling.  Unless the goal is to transform the US into a mere third-world plantation state, think very carefully about the path we are walking.
 


45 posted on 03/17/2004 8:27:06 PM PST by neutrino (Oderint dum metuant: Let them hate us, so long as they fear us.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: CasearianDaoist
You cannot control innovation if foreigners do all the engineering. The innovation in technology really comes from 50 years of taxpayers' investment in technology that they were told was in the national interest. They were not told that it would just be shipped oversea in the order to help "global value chains." They have just had their pocket picked.

I nominate this for quote of the month! Well said!

46 posted on 03/17/2004 8:29:27 PM PST by neutrino (Oderint dum metuant: Let them hate us, so long as they fear us.)
[ Post Reply | Private Reply | To 39 | View Replies]

To: neutrino
To all of the isolationists economically...go ahead and add legislation to "your jobs" (as if they are yours, remember a job is something that is offered - the owner is the person who signs the check!)...but go ahead...create legislation to restrict companies from offshoring some jobs. They watch the loss of innovation and the jobs leaving altogether!

Just let me get this straight, you want government to legislate private buisness, right? This is the Republican way, right?

I'll consider tax credits and incentives, but NO LEGISLATION...or kiss our leadership good-bye!!!
47 posted on 03/17/2004 8:33:42 PM PST by Eric Hogue 1380 KTKZ (1380 KTKZ / 5-9AM Weekdays in Sacramento)
[ Post Reply | Private Reply | To 45 | View Replies]

To: oceanview
I don't understand the President's position on this offshoring. I'm thinking that he doesn't understand because all of his friends are rich and they're making a lot of money from offshoring. I will probably vote for Bush because he's pro-life. If he could just come out with some kind of policy to combat this, he would be re-elected in a landslide. It's really the only issue that the Democrats have.
48 posted on 03/17/2004 8:34:57 PM PST by CompProgrammer
[ Post Reply | Private Reply | To 40 | View Replies]

To: Prince Caspian
"The road's got some potholes."

Well-understated, to put it mildly...
49 posted on 03/17/2004 8:37:57 PM PST by MissouriForBush (Insert "Was" Because of Disastrous Illegal Immigration Non-Plan)
[ Post Reply | Private Reply | To 44 | View Replies]

To: CasearianDaoist
The Indians are laughing as they import more American careers, they are laughing at Powell and they are laughing at us.

Look, Indians suck at actual computer design work. They are good coders but stink at being able to solve solutions long-term. For example, if the spec calls for an account code to be an "asset" then they will ask "how can I tell what is an asset?" The client says "it is account codes between 10000-11000" and the Indian codes "IF ACCOUNT BETWEEN 10000-11000 then..."

Americans, OTOH, ask "will this be true forever? What if "11001" is used by some future CIO? Then we follow with "let's tag the account as a type, then check for the type." This solution does not occur to the Indians (or Chinese)

I am already seeing clients who have been burned by this mentality and who won't even let us put a coder in project who has an Indian accent. Mark my words, in 5 years or less, Indian Offshoring will be considered the worst thing that ever happened to software design and coding. The smarter companies are seeing this right now.

50 posted on 03/17/2004 8:39:14 PM PST by freedumb2003 (If your cat has babies in the oven you don't call them biscuits!)
[ Post Reply | Private Reply | To 11 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-100101-150151-153 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson