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Bush says outsourcing benefits U.S. in long run-India's growing middle class seen as a key market
Chron.com ^ | 3-5-06 | JULIE MASON

Posted on 03/05/2006 7:33:01 AM PST by SJackson

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To: Toddsterpatriot

What about the deficit? What about Dingell-Norwood? [hoot]


161 posted on 03/05/2006 7:59:22 PM PST by 1rudeboy
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To: 1rudeboy

Did he calculate that chart on a Dell?


162 posted on 03/05/2006 8:03:18 PM PST by hedgetrimmer ("I'm a millionaire thanks to the WTO and "free trade" system--Hu Jintao top 10 worst dictators)
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To: babygene
Looking for love in all the wrong places?
Not me, got all the loving I can take right at home! LOL!
Anyway, I got to the link just fine from home. I have no idea why the webfilter at work gave me that? Funny huh?
Interesting link . I'll bookmark it an check it out better tomorrow night.

Cordially,
GE
163 posted on 03/05/2006 8:57:09 PM PST by GrandEagle
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To: Toddsterpatriot
We don't make anything. $3 trillion worth of nothing.

Were you being facetious?

164 posted on 03/06/2006 3:06:04 AM PST by Fruitbat
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To: Fruitbat
Were you being facetious?

Yes. The $3 trillion we make is definitely something. It is larger than the GDP of every other nation except Japan.

165 posted on 03/06/2006 5:31:36 AM PST by Toddsterpatriot (A.Pole "I escaped Communism, but think we need more of it in America. Because Communism works")
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To: MarkL; Fruitbat
Show me an example of a country with no manufacturing base. Where their entire economy is based on services and trade...

We will but first you have to show some seriousness.  The US has a solid manufacturing base just like it has a solid agricultural base.  Big deal; kind of like the firemen that arrived in time to save the building's foundation base.  

For hundreds of years farmers scorned factory workers because factories never made anything that could be 'eaten'.   Now we have factory workers mocking engineers, inventors, and writers because some how service workers don't 'make' anything.    In the 1800's my grandfather came to America to feed his family on a farm of his own.  They starved until they moved to the city.  We're now in an age where most of America has gotten a real job in the services and is making more money and getting richer than ever.  The only people who aren't happy are the uninformed and the career complainers.

166 posted on 03/06/2006 6:49:56 AM PST by expat_panama
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To: gogoman
India and China are doing what the US did last century. They are protecting their domestic industries in order to build a middle class, at some point India and China will have created a domestic market (middle class) that can support it's domestic production, then neither country will need the US market (or the US) any longer. Mean while the US will have thru the "magic" of free trade lost the ability and the skills needed to manufacture in the 21 century. Then we in the usa will be screwed, no market (no middle class), no goods, totally dependent on (no longer) cheap imports.
167 posted on 03/06/2006 7:41:32 AM PST by jpsb
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To: Fruitbat
If that's done for services more than for actual goods, who cares as long as the economical outcome is the same?

Maybe no one cares until it comes time to fight a war. Then you're probably better off if you have manufacturing capability. The more, the better. The higher tech, the better. Maintaining robust and advanced capabilities in military hardware and technology is not well-served by selling out domestic manufacturing infrastructure, or throwing away intellectual capital (such as is done by outsourcing R&D functions).

168 posted on 03/06/2006 12:45:00 PM PST by chimera
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To: Toddsterpatriot
Yes. The $3 trillion we make is definitely something. It is larger than the GDP of every other nation except Japan.

That's what I thought. Thanks for the post!!

169 posted on 03/06/2006 8:11:14 PM PST by Fruitbat
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To: expat_panama
We will but first you have to show some seriousness. The US has a solid manufacturing base just like it has a solid agricultural base. Big deal; kind of like the firemen that arrived in time to save the building's foundation base.

For hundreds of years farmers scorned factory workers because factories never made anything that could be 'eaten'. Now we have factory workers mocking engineers, inventors, and writers because some how service workers don't 'make' anything. In the 1800's my grandfather came to America to feed his family on a farm of his own. They starved until they moved to the city. We're now in an age where most of America has gotten a real job in the services and is making more money and getting richer than ever. The only people who aren't happy are the uninformed and the career complainers.

Not sure what you meant by "getting serious." I'm of the exact mindset that you lay out above, just looking for validation for it.

Appreciate it!!

170 posted on 03/06/2006 8:13:32 PM PST by Fruitbat
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To: chimera
Maybe no one cares until it comes time to fight a war. Then you're probably better off if you have manufacturing capability. The more, the better. The higher tech, the better. Maintaining robust and advanced capabilities in military hardware and technology is not well-served by selling out domestic manufacturing infrastructure, or throwing away intellectual capital (such as is done by outsourcing R&D functions).

What kind of manufacturing infrastructure have we sold out? I can't really think of any that would be pivotal in case of a war. I would think that the capability to produce food would easily supercede that of say consumer goods, which as I see it is what we've primarily lost in manufacturing.

Besides, we are fighting a war. ??

Need more details to substantiate your point.

171 posted on 03/06/2006 8:17:12 PM PST by Fruitbat
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To: vrwc0915
Might we inquire as to what industry you are in :)

I'm a storage administrator in IT. And I am studying for a new career (actuary) because IT will be increasingly commoditized. Whether it goes to India or to high school graduates with a six month degree from a trade school (or both) is an open question. One thing is a fact: paying large numbers of highly paid college graduates to keep servers up and running is a huge cost that businesses will (rightly) do anything to avoid.

172 posted on 03/11/2006 6:32:27 AM PST by Jibaholic (We wouldn't let our enemies have guns, why should we let them have ideas? -- Josef Stalin)
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