Posted on 08/22/2004 2:33:58 PM PDT by Willie Green
It sounds like you have it all figured out...have at it.
The Indian rope trick?
{{I know what you meant, but THIS came to my mind}}
They will offshore and be reshoring a lot of crap within 24-36 months after they have been screwed over. Trust me, offshoring is ok for some stuff, but I personally know of at least 2 muajor corporations who are reshoring jobs after outsourcing the work to India and having it screwed to hell.
Get good at cleaning up poorly architected spaghetti code guys, gonna be doing a lot of it soon.
Considering that we already have a (largely) jobless recovery, I expect this will put us into a sharp recession.
Ultimately, there will be political fallout from this nonsense. And that is when the free traitors will learn the meaning of "payback".
If you want on or off my offshoring ping list, please FReepmail me!
Taking jobs which are offered to you is not exactly stealing-u call it business sense.If America was in India's place,they would do the same.
Before the 92 election, Ross Perot was running around saying that the economy was going to crash right after the election, and that Bush I was doing everything he could to hide it until after the election was over. While I'm concerned about offshoring, this looks like it's out of the same playbook.
The purpose served is that nothing trumps cheap offshore labor and cheap disposable workers at home.
Nothing.
Actually, Indians have made significant original contributions in mathematics.
The Indian mathematician Ramanujan was one of the greatest mathematicians ever, a real wild talent. His collaboration with Hardy and Littlewood is one of the great stories in mathematics of the last two hundred years.
bump with no comment
They don't favor outsourcing? Since when?
As for immigration. Nothing makes a Republican smile like a cheap, disposable, throw-away worker. Use 'em up, throw 'em away, let the taxpayers take care of 'em.
As a Managing Director of GM in Asia, why should I offshore my work requirements to the US and pay $150/hr, when I can offshore my work to India for $25/hr. If you don't want to compete in the global workspace, keep your companies and products local.
that hits the nail on the head. The Chinese and Indian buyers will not buy expensive products ( hardware and software ) just to keep up wages for western workers high unless there is a dramatic difference in quality. The companies know it - their largest future markets are India and China - huge population, large and hungry middle class. Hungry for cars , plasma TVs and building wider roads and taller buildings...and using up much of world's oil ( see why it is 50$ today ? ).
US can develop leadership once again by developing non-gasoline techologies and sell it to these countries which are frenzied consumers of oil. Or would you like Japanese to win this one as well ?
Well, that's exactly what is going to happen. Instead of our taking the lead, we will follow Japan into India and lose. And why? Just check out the cars Japan assembles in India, and the ones Ford, Chevrolet import into India. It's a freggin' joke. There used to be a billion Indians who did not know any Ford jokes...now alas...it's too late.
Well if an underground economy takes off, and I don't mean manufacturing bedspreads in the garage, then they will only have themselves to blame. People need to feed their families. What's going to happen to CA real estate? Splat!
I don't share your disdain and low opinion of your country and fellow citizens.
YOu can go into funds that are India centric with tech companies.
Direct investment in the Sensex, Bombay stock exchange via dollar investments can be done, too.
Additionally, some Indian firms, Wipro, InfoSys, Tata are traded on the NYSE, IIRC.
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