[oceanview]

Let India develop its own IT industries. Let them use their educated citizens and their capital and their lower wages and standard of living to build industries that compete with their US counterparts, and then lets see IndiaSoft and India Business Machines make it on the world stage.

Why hasn't that happened already? Why is India's method of "creating" their industry to have US companies essentially ship them ours?

[WilliamofCarmichael]

Excellent points.

Another question. Why can't "free" traders understand your questions?

[WilliamofCarmichael]

I did it again. I left out the original post ref. Here it is.

"Let India develop its own IT industries. Let them use their educated citizens and their capital and their lower wages and standard of living to build industries that compete with their US counterparts, and then lets see IndiaSoft and India Business Machines make it on the world stage.

"Why hasn't that happened already? Why is India's method of 'creating' their industry to have US companies essentially ship them ours?"

I'll just add one more question. If they are that smart where have they been for the past hundreds of years? Ditto all the other "ten-foot-tall" prizes our corporations chase.

[LowCountryJoe]

Why hasn't that happened already? Why is India's method of "creating" their industry to have US companies essentially ship them ours?

Because American investors see money to be made by using India's labor and developing that country through a rise in their standard of living. Should we restrict investors/speculators from doing this? Should we not allow the freedom to invest in foreign business? Let me know, so that I can teach my kids to be stonemasons. They can help install the first stones of the foundation for America's own "Berlin Wall".

If others can use hyperbole, so can I.