Posted on 09/29/2010 12:35:17 PM PDT by Buckeye McFrog
NEW DELHI: A day after Senate Republicans blocked passage of an anti-outsourcing bill, Democrat-led US made a conciliatory tone, stating the issue, which was an "irritant" in with India, can be "managed".
(snip)
Sanchez would conclude his three-day India visit today. He said protectionism is not good for any country which, "President Obama knows better than anyone in our country". Sanchez said the US market is "most open market in the world".
"But the key is not to focus on any specific conflict or irritant but how we manage those and how we take advantage of that opportunity," Sanchez said.
(Excerpt) Read more at economictimes.indiatimes.com ...
Don't fall for it again, Ohio!
Sanchez went ‘Bollywood’.
No one ever seems to care about this fact but it is 100% true; US companies are outsourced to countries all over the world, we are still one of the few countries that have the know how for all sorts of industries. So if we are hired by the world to do work for them, whats wrong with it going the other way? Especially if we are the number one outsourced country in the world?
didn’t this country outsource its presidency to a muslime from keyna?
“They know best”.
To be frank, FR is mostly Rushbots and Libertarian useful idiots on economics these days. If you tell them a hundred times India and China do NOT practice free trade, and it is helpful to them, and good strategy, and they have actual industrial and trade policies that are for the benefit of their own countries and are successful, they will not learn.
They cannot. I think they are in a type of cult. A business cult. Kind of like socialists have an obsession with labor, opposite side of the same coin.
There are worse places. Malkin’s blog and “Big Government” are two of the worst for comments.
True. And many foreign companies --- British, Japanese, etc. -- outsource jobs to the U.S. About 13% of capital in the U.S. is British. Do you have a problem with that too?
Sorry my post must have been confusing, what I meant to say is we as a country are the biggest recipient of outsourcing of all countries, the whole outsourcing argument in my opinion has always been bogus, since the outside world hires us the most.
Regard, TQ.
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