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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)
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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
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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
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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
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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.)
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To: Eric Hogue 1380 KTKZ
100% correct.
59 posted on 03/18/2004 12:58:07 AM PST by USMMA_83
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To: Eric Hogue 1380 KTKZ; All
Folks, India cannot outsource jobs, they have none! We provide them the remedial jobs.

Hey everyone, radio boy thinks computer programming is a "remedial" job! LOL!

61 posted on 03/18/2004 5:49:20 AM PST by SwordofTruth (It's called "free trade", not "free traitor". There is a difference!)
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To: Eric Hogue 1380 KTKZ
RE: They [India] then make money and BUY our products.

If India is buying all this stuff from us would someone please tell U.S. Trade Representative Robert Zoellick. Please. He's upsetting our dear friends. To wit, this recent article, "An Open Market And An Open Society" by SANJAYA BARU"

http://www.financialexpress.com/fe_full_story.php?content_id=55035

You see, Mr. Zoellick alleged that India is among the world’s most closed economies.

107 posted on 03/18/2004 6:23:03 PM PST by WilliamofCarmichael (Benedict Arnold was a hero for both sides in the same war, too!)
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