India attacks US on plan to ban outsourcing

Financial Times ^ | January 25, 2004 | Khozem Merchant

[Attention Surplus Disorder]

India's technology industry has attacked proposed new US legislation that bans the outsourcing of federal work to low cost countries arguing it is a protectionist measure contrary to the spirit of free trade.

The move by the US Senate coincides with decisions by a number of foreign companies to halt further outsourcing to India because of a new domestic tax ruling that would enable the Indian government to tax part of their worldwide earnings.

(complete article at linked URL)

[Attention Surplus Disorder]

Every little bit helps/hurts...?

[RiflemanSharpe]

We need to do whatever possible to grow good paying jobs in the US. This may help.

[Attention Surplus Disorder]

I agree. My reason for posting is, IMO it will be interesting/telling to see whether GWB signs this or not.

[DeaconBenjamin]

Wow. India wants free trade. That must mean that the Texans can sell their basmati rice there. Right?

[RaceBannon]

Make sure you keep repeating the mantra!

The problem is not jobs leaving the country, it is not capital equipment leaving the country, the problem is not intellectual property leaving the country, the problem is not contracts going to communistic/fascistic/socialistic government run countries that prop up their companies with government funds to defer losses that the US companies cannot compete against...

THE PROBLEM IS YOUR ATTITUDE ABOUT IT!! JUST KEEP TELLING YOURSELF THINGS WILL GET BETTER AND THEY WILL!

[Attention Surplus Disorder]

If you read the article (and I'm not saying you or anyone else did or didn't) it implies a convoluted jurisdictional rat's nest whereby India is apparently aiming to obtain taxing authority over GEs' (for example) worldwide earnings unless GE can show their IT operations outsourced there are "arm's length" transactions from their "normal" operations....it's not just the US Gov's ability or not to outsource IT work there. That (the taxing angle) may well be the bigger story. Ya mean...GE builds a jet engine and outsources the compilation of the parts list to workers in India...and India thereby obtains taxing rights to GEs' profits on the engine itself...? Hopefully; I may be misinterpreting this.

[TYVets]

I heard of outsourcing after i bought a Dell, my mistake.

[JustPiper]

Outsourcing Ping!

[JustPiper]

Lou Dobbs List for "Outsourcing" America

3Com
3M

A
Accenture
Adaptec
Adobe Systems
Advanced Energy Industries
AMD
Aetna
Agere Systems
Agilent Tech.
AIG
Alamo Rent A Car
Albertson's
Alliance Semiconductor
Allstate
Alpha Thought Global
American Express
American Standard
Amphenol Corp.
Analog Devices
Andrew Corp.
AOL
Applied Materials
AT&T
AT&T Wireless
A.T. Kearney
Avanade
Avery Dennison

B
Bank of America
Bank of New York
Bank One
Bear Stearns
Bechtel
BellSouth
Best Buy
Black & Decker
BMC Software
Boeing

C
Capital One
Carrier
Cendant
Cerner Corporation
Charles Schwab
ChevronTexaco
Ciena
Cigna
Circuit City, Inc.
Cisco Systems
Citigroup
Coca-Cola
Comcast Holdings
Computer Associates
Computer Sciences Corporation
Continental Airlines
Convergys
Cooper Tire & Rubber
Cooper Tools
COVAD Comm.
CSX
Cummins

D
Dell Computer
Delta Air Lines
Direct TV
Discover
Document Sciences Corp.
Dow Chemical
DuPont

E
Earthlink
Eastman Kodak
Eaton Corporation
EDS
Electroglas
Electronics for Imaging
Eli Lilly
EMC
Emerson Electric
Ernst & Young
Expedia
ExxonMobil

F
Fedders Corporation
Fidelity Investments
First American Title Ins.
First Data
Fluor
Ford Motor
Franklin Mint

G
Gateway
General Electric
GlobespanVirata
Goldman Sachs
Goodrich
Google
Greenpoint Mortgage
Guardian Life Insurance

H
The Hartford Financial Services Group
HealthAxis
Hewitt Associates
Hewlett-Packard
The Holmes Group
HSN

I
IBM
IndyMac Bancorp
Innodata Isogen
Intel
Intl. Paper
Intuit
ITT Educational Services

J
Jacobs Engineering
Jacuzzi
JDS Uniphase
Johnson Controls
Johnson & Johnson
JPMorgan Chase
Juniper Networks

K
KANA Software
Kaiser Permanente
Keane
KLA-Tencor

L
Lawson Software
Lehman Brothers
Levi Strauss
Lexmark International
Lifescan
Lillian Vernon
Linksys
Lockheed Martin
Lowe's
Lucent

M
Maritz
Marshall Fields
Mattel
Maytag
McDATA Corporation
Medtronic
Mellon Bank
Merrill Corporation
Merrill Lynch
Metasolv
MetLife
Microsoft
Monsanto
Morgan Stanley
Motorola

N
Nabco
National City Corporation
National Life
National Semiconductor
NCR Corporation
Network Associates
Newell Rubbermaid
New York Life Insurance Co.
Northwest Airlines

O
Office Depot
Ohio Art
ON Semiconductor
Oracle
Otis Elevator Co.
Owens Corning

P
palmOne
Parker-Hannifin
Parsons E&C
Pearson Digital Learning
Pericom Semiconductor
Perot Systems
Pfizer
Pitney Bowes
Planar Systems
Portal Software
Pratt & Whitney
Primus Telecom
Procter & Gamble
Providian Financial
Prudential Insurance

Q
Qwest Comm.

R
Rainbow Technologies
Raytheon Aircraft
Regence Group
Rogers
Rohm & Haas
RR Donnelley & Sons
Russell Corporation

S
SAIC
SBC Comm.
SEI Investments
Siebel Systems
Sikorsky
Solectron
Sovereign Bancorp
Sprint
Sprint PCS
State Farm Insurance
State Street
StorageTek
SunTrust Banks
SurePrep
The Sutherland Group
Sykes Enterprises
Synygy

T
Target
Tecumseh
Telcordia
TeleTech
Texas Inst.
Thrivent Financial for Lutherans
Time Warner
Toys "R" Us
Triquint Semiconductor
TRW Automotive
Tyco Electronics
Tyco Intl.

U
Unisys
United Online
United Tech.

V
VA Software
Veritas
Verizon

W
Wachovia Bank
Washington Group Intl.
Washington Mutual
WellChoice
West Corporation

Y
Yahoo!

[gwbiny2k]

WOW that list is humongus!

That sure means I can't buy very many products which
are fully made in the USA....damn

[Attention Surplus Disorder]

What irked me about this was the implication that the Indian IT industry now feels like thay have some sort of entitlement to "off-shorable" work and our withholding it is a "trade war" type of move.

Other than that, and especially after looking at that list of cos who outsource overseas, methinks the cat is already too far out of the bag on this issue.

[Partisan Hack]

India's technology industry has attacked proposed new US legislation that bans the outsourcing of federal work to low cost countries arguing it is a protectionist measure contrary to the spirit of free trade.

I agree with India on this one.

[Ingtar]

I marvel ever more at the wisdom of the founding fathers. By limiting Federal monies to tarrifs, they also insured that foreign companies could not undersell US companies with as much ease.

[TaxRelief]

*PING* Look at this BS list or outsourcers!

Since some of them are already blacklisted for their tiny percentage of offshored contracts, they might as well go all the way and offshore as much as they like. There is no fortune 500 company in America that is no responsible for offshoring, directly or indirectly.

[InABunkerUnderSF]

I plan to call the White House Monday asking that Bush sign the legislation. Does anyone know what the bill number is SB??, HR???

[InABunkerUnderSF]

Lou Dobbs List for "Outsourcing" America

Also see -- http://www.onshorealternatives.com/

[NewRomeTacitus]

60 Minutes had a report on how GE, Halliburton and others have not only spread themselves silly, some of their investments and partnerships can be found in countries like Syria and Iran.
The U.S. can’t hold France and Russia’s links to Iraq and other problem countries over their heads for the problem of the pot calling the kettle black.
Sure, it was 60 Minutes, but these allegations are too heavy to be immediately dismissed out of hand.
If the greatest financial powers have forsaken their homeland for decentralized globalization, how can we expect the politicians they throw wads of cash at to resist their example?

[JustPiper]

Fascinating site...succeeds in getting me even more angry than watching Dobbs!

[tm22721]

the greatest financial powers have forsaken their homeland for decentralized globalization

The cat was out of this bag by the early 80s when Jack Welch became GE chairman and promptly initiated a promotional campaign of intense 'globaloney' within the management ranks.

BUMP

[JustPiper]

AFL-CIO would like you to believe that ;)