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somone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:23 AM
Original message
Obama: Offshoring Fears Are Outdated, Unwarranted
Edited on Sat Nov-06-10 11:46 AM by somone
http://www.pcworld.com/businesscenter/article/209970/president_obama_offshoring_fears_are_outdated_unwarranted.html

President Obama: Offshoring Fears Are Outdated, Unwarranted
By John Ribeiro, IDG News

The perception that Indian call centers and back office operations cost U.S. jobs is an old stereotype that ignores today's reality that two-way trade between the U.S. and India is helping create jobs and raise the standard of living in both countries, U.S. President Barack Obama told a gathering of business executives in Mumbai on Saturday.

President Obama's remarks come after some moves in the U.S. that had Indian outsourcers worried that the U.S. may get protectionist in the wake of job losses in the country. The state of Ohio, for example, banned earlier this year the expenditure of public funds for offshore purposes...

President Obama's speech is a recognition that jobs cannot be created by protectionism but by a growth in trade, said Som Mittal, president of the National Association of Software and Services Companies (Nasscom). The message for India's outsourcing industry in the speech was very positive, he added.

India's top outsourcers like Tata Consultancy Services and Infosys Technologies, have posted strong revenue and profit growth in the quarter ended Sept. 30, and are adding staff by the thousands...

-----------------------------------------------------------------------------------

http://www.washingtonpost.com/wp-dyn/content/article/2010/11/06/AR2010110602034.html

Obama's visit to India's business centers prompts look at outsourcing
By Emily Wax
Washington Post Foreign Service
Saturday, November 6, 2010; 12:30 PM

...In the latest phase of globalization, some economists say, Silicon Valley is in danger of losing a sizable piece of its knowledge-based industry to India in much the same way Detroit lost its lead to Japan in the automotive industry. While the United States is still the innovation leader with global projects like the iPhone, thousands of high-tech jobs with iconic companies like IBM and Accenture have been shipped to Indian shores.

"If you look at the historical evolution of globalization, this is simply the latest phase. The center of gravity has shifted, with cars moving to Japan, then low-cost manufacturing moving to China and now the more knowledge-intensive work flowing to India," said Partha Iyengar, head of research for Gartner India, a U.S.-based global IT research organization. "Unfortunately, this time the U.S. is feeling it." ...

"These old stereotypes and old concerns ignore today's reality," the president said on the first of three days he will spend in India. "Trade between our countries is not just a one-way street of American jobs and companies moving to India. It is a dynamic two-way relationship that is creating jobs, growth and higher standards in both our countries." ...

Some Indian IT leaders estimate that 350,000 American jobs have moved to India over the past decade, but American outsourcing experts say that number may be much higher. IT leaders in India say outsourcing does not hurt American companies but makes them more efficient and helps the U.S. economy by freeing up money for innovation and investments. Outsourcing experts and advocates for American workers say that while outsourcing helps corporate America, American engineers and computer programmers see few benefits...






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Brickbat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:25 AM
Response to Original message
1. Barf.
Edited on Sat Nov-06-10 11:25 AM by Brickbat
ETA: Recc'ed it back up to zero.
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:25 AM
Response to Original message
2. I wonder if that statement will come back to haunt him as the allowance of offshore drilling did.
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cliffordu Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:25 AM
Response to Original message
3. I'M NOT CLEAR as to what jobs Indian call centers create here in the US...
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demwing Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:29 AM
Response to Reply #3
13. I've lost TWO jobs to outcourcing to India
and once to the Phillipines.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:30 AM
Response to Reply #3
14. You can move to India and get a job at a call center. What more do you want?
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:51 AM
Response to Reply #14
40. No, I believe they've set limits on foreigners taking their jobs.
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lumberjack_jeff Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:52 AM
Response to Reply #3
41. Efficiency consultants? n/t
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treestar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:24 PM
Response to Reply #3
46. He didn't say that, in fact that the call centers are a stereotype
The trade between the two nations is something no one on DU knows a thing about.
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:30 PM
Response to Reply #46
52. Sometimes a stereotype exists because it reflects reality.
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treestar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 04:42 PM
Response to Reply #52
91. When?
When do stereotypes reflect a reality?

Certainly on progressive DU we are not going to defend stereotypes.
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 04:54 PM
Response to Reply #91
92. When companies close US call centers just to open up new ones in India.
Don't even try to say it's not true. I've lived that stereotype too many times.
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treestar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 05:36 PM
Response to Reply #92
96. It's not the overall view
of the entire relationship between India and the US though.

That's the point.

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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 07:12 PM
Response to Reply #96
102. The overwhelming majority of those who've experienced outsourcing view it as such
And they're correct. Millions of Americans have had their jobs swept out from under them & shipped offshore, putting them out of work through no fault of their own. The handful of jobs we've got back will never replace them, either in numbers or in value. American politicians who ignore or dismiss this in favor continuing to allow outsourcing do so at their own peril - and America's.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 05:06 PM
Response to Reply #102
139. +1000 nt
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PassingFair Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 05:11 PM
Response to Reply #46
93. "Stereotype"
http://t3.gstatic.com/images?q=tbn:ANd9GcQkFZoUIjOsnMBTrx0RYxcgUNTp1ue0ZgkbeVCf1luHTRA5f_E&t=1&usg=__i9QC3gFgU4GItlxeY3vnLUkMQwQ=


Like our entire nation-wide ART DEPARTMENT
where I work didn't outsource to Bangalore
in 2005.

Stereotype my ASS.
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 10:13 PM
Response to Reply #46
106. LOLOL
:rofl:
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Exilednight Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 03:16 PM
Response to Reply #46
130. Trade between the two nations is something you might no nothing about, but here's
some information to help you out.

Trade with India : 2010
NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified.
Month Exports Imports Balance
January 2010 1,295.5 2,079.4 -783.9
February 2010 1,235.2 1,958.1 -722.9
March 2010 1,454.8 2,472.4 -1,017.6
April 2010 1,671.2 2,650.0 -978.8
May 2010 1,852.9 2,672.6 -819.7
June 2010 1,690.6 2,532.6 -841.9
July 2010 1,800.2 2,591.4 -791.2
August 2010 1,716.8 2,773.5 -1,056.7
--------------------------------------------------------
TOTAL 12,717.1 19,729.9 -7,012.7



Trade with India : 2009
NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified.
Month Exports Imports Balance
January 2009 1,139.8 1,833.5 -693.7
February 2009 1,046.8 1,579.0 -532.2
March 2009 1,123.5 1,773.0 -649.5
April 2009 1,268.8 1,799.2 -530.4
May 2009 1,507.5 1,580.8 -73.4
June 2009 1,397.9 1,564.2 -166.3
July 2009 1,658.0 1,824.8 -166.9
August 2009 1,677.8 1,643.7 34.1
September 2009 1,641.6 2,069.0 -427.4
October 2009 1,502.9 1,989.8 -486.9
November 2009 1,070.0 1,724.1 -654.2
December 2009 1,406.7 1,784.6 -378.0
--------------------------------------------------------
TOTAL 16,441.4 21,166.0 -4,724.6


So there it is. In eight months of 2010 we nearly doubled the deficit of trade from 2009. That is just hard numbers in dollars and cents and does not include the brain-drain or number of jobs outsourced.
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OlympicBrian Donating Member (456 posts) Send PM | Profile | Ignore Mon Nov-08-10 05:04 PM
Response to Reply #130
138. Wow important post!
Edited on Mon Nov-08-10 05:14 PM by OlympicBrian
Thanks. Must be offshoring like crazy going on.
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OlympicBrian Donating Member (456 posts) Send PM | Profile | Ignore Mon Nov-08-10 07:13 PM
Response to Reply #130
141. Do you think this huge imbalance
Do you think this huge imbalance is one reason he made the trip? Those are some big numbers, my friend.
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Exilednight Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 07:24 PM
Response to Reply #141
142. It depends on what comes out of it and how much long term stability is ..............
attached to these deals.

On the flip side of the coin, many of these deals are arms deals. And we know how well these deals work out in the long run.
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OlympicBrian Donating Member (456 posts) Send PM | Profile | Ignore Mon Nov-08-10 08:24 PM
Response to Reply #142
143. Do you have the numbers on the arms?
I'll try to find on the web.
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Exilednight Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 08:38 PM
Response to Reply #143
144. Here you go.
President Obama is traveling to India this weekend to make a $5 billion sale for 10 of Boeing's C-17 cargo planes. If India signs the contract, this would be the sixth biggest arms deal in U.S. history.

This and the pending $60 billion deal with Saudi Arabia will certainly help to jump-start the economy, as they have for the past fifty years.


Read more: http://www.businessinsider.com/top-10-us-arms-deals-in-history-2010-11#ixzz14kG5Rq3Q
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RagAss Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:25 AM
Response to Original message
4. There goes 2012 !
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:31 AM
Response to Reply #4
17. Hopefully, he'll be primaried by someone who isn't a Republican enabler...
It's our only chance of holding the WH - as long as he's a lame Republican wanna-be, indies will vote for the real thing.
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RagAss Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:35 AM
Response to Reply #17
24. Amen !
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:55 PM
Response to Reply #17
61. The corporations will just find
someone else to do their dirty work....he'll lie during the campaign and then make Bernanke Treasury Sec'y...or some dude from Goldman Sucks.

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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:04 PM
Response to Reply #61
67. If this country has a chance, we'll have to find a leader who's...
...immune to corporate corruption - and, more importantly, an electorate that is immune to corporate media and ads.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 02:19 PM
Response to Reply #67
84. Maybe Mother Nature
will 'shake' some sense into people...jolting the electorate back into the days of little electricity. Nothing else could move some of these 'citizens' off of their sofas.
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BzaDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:54 PM
Original message
This has been Obama's policy since mid '08, so I'm not sure why you think it will matter in 2012. nt
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Kolesar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:25 AM
Response to Original message
5. More jobs are lost to automation, but OTOH
My employer decided to offshore electronic design work to Mumbai

Puts the "Bye" in to Mumbai

FFS
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Better Today Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:26 AM
Response to Original message
6. Great, just f'ing great, NOT!
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Wickerman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:26 AM
Response to Original message
7. wtf?
This is all trying my patience.
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peace frog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:26 AM
Response to Original message
8. OMFG
Well, that's that. Farewell, America.

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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:26 AM
Response to Original message
9. Yes, American workers just have to become more competitive.
Rolling back minimum wage to 20 cents an hour would be a reasonable start.
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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:37 AM
Response to Reply #9
28. I think that would be called "wage slavery". Oh! That's what Karl Marx was writing about!
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:41 AM
Response to Reply #28
34. The nice thing about wage slaves
is that you don't have to make the huge capital investment of actually buying them. You can just sort of lease them and dispose of them when they are no longer useful. If one dies on you, you just collect the Dead Peasant Insurance & hire another one.
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:41 AM
Response to Reply #28
35. There's no direct quotes from Obama in this article. All reporter summary.
Don't you find that a little odd.
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treestar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:25 PM
Response to Reply #9
47. No, Indian prosperity has to reach a height where they become
consumers and not willing to work for 20 cents any more.

We do not have the right to keep them third world forever just because we think, mistakenly, that it threatens us.

Why do we have some inherent right to be the only middle class country (along with the other first world countries)

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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:55 PM
Response to Reply #47
62. Do you feel this same way about workers in Latin America?
China?

Haiti?

:shrug:
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treestar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 05:38 PM
Response to Reply #62
97. Why do you feel they shouldn't prosper either?
Of course. We'd all be better off the more prosperous other countries are too.

Are you saying everyone in the third world just has to stay poor for our benefit? How do you justify that?

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MrTriumph Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:40 PM
Response to Reply #47
71. At the expense of American jobs & prosperity? Not acceptable
x
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Jackpine Radical Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:43 PM
Response to Reply #47
72. Yes, you're ultimately right.
We need a strong and effective international labor movement, with transnational unions to match the transnational corporations. It will be a long road to get there, though.

That said, I think you can do quite well in terms of living standards in India with an income 1/3 that of an American SW engineer. For instance, you could probably afford a couple of servants on that income.
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xor Donating Member (180 posts) Send PM | Profile | Ignore Sat Nov-06-10 02:49 PM
Response to Reply #47
87. We can't compete with countries that have lower/no minimum wage and ALSO have free higher education
The latter being 100% our own problem that we need to solve.
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Bonobo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:17 AM
Response to Reply #47
116. Jeezus! The only reason we outsource to India is BECAUSE of their economy.
You couldn't be more confused.
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Bonobo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:17 AM
Response to Reply #47
117. Dupe. Hiccup.
Edited on Sun Nov-07-10 07:17 AM by Bonobo
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Marr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 03:21 PM
Response to Reply #47
131.  I didn't realize our mission was to improve the Indian economy.
I misunderstood. I thought national economic and trade policies were supposed to serve the interests of the nation as a whole.
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:27 AM
Response to Original message
10. WTF?!
Edited on Sat Nov-06-10 11:52 AM by polichick
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Mudoria Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:27 AM
Response to Original message
11. Does this man have a clue?
Tell that to the millions of Americans out of work.....
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HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:28 AM
Response to Original message
12. Clearly, you've been on the phone with the Clintons.
Spoken like a lawyer who hasn't read about Indian law firms contracting for off-shore work.
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JustAmused Donating Member (261 posts) Send PM | Profile | Ignore Sat Nov-06-10 11:30 AM
Response to Original message
15. Unbelievable
One of his campaign promises was to end tax breaks for outsourcing companies. Amazing.
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Mimosa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:34 AM
Response to Reply #15
23. That campaign promise had me excited
I believed he'd help American workers.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:30 AM
Response to Original message
16. Reuters: Obama signals tough stance on prickly India issues
Edited on Sat Nov-06-10 11:32 AM by ProSense

Obama signals tough stance on prickly India issues

(Reuters) - Days ahead of his visit to India, President Barack Obama has signaled he will take a tough stance on prickly issues such as outsourcing, and limits on exports of sensitive technology.

Indian news agency Press Trust of India (PTI), which interviewed Obama on Wednesday, quoted him as saying it was "very difficult and complicated" to meet key Indian expectations such as ending a ban on U.S. exports of dual-use technology to India.

New Delhi wants the United States to allow exports of dual-use technology, which can be used for both civilian and military purposes and which was banned after India carried out nuclear tests in 1998.

"Our teams continue to work hard to reach an agreement that strengthens the international non-proliferation system while treating India in a manner that is consistent with our strategic partnership," Obama told PTI news agency.

Obama's visit will come days after his Democrats were punished in mid-term elections over the sluggish economic recovery and high domestic unemployment. These problems have heightened tensions over the outsourcing of American jobs to low-cost countries like India.

The visit puts the spotlight on India's $60 billion IT sector, which argues it is a creator of jobs in the United States and should not be blamed for high unemployment.

An increase in U.S. visa fees, a ban on offshoring by the state of Ohio and the industry's portrayal in campaign publicity as a drain on U.S. jobs has set a frosty tone in India ahead of the visit, which begins on Saturday.

more

Some media are going to feed RW propaganda, and sadly a lot of people are going to eat it up.

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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:36 AM
Response to Reply #16
26. Looks like he's going for more trade, but not trying to stop outsourcing. nt
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:38 AM
Response to Reply #26
29. That is not what the article says.
Edited on Sat Nov-06-10 11:39 AM by ProSense
People are flying off the handle over the OP article, which sounds like RW propaganda. The President just signed a tax increase on multinational corporations, and has been pushing hard against outsourcing.



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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:47 AM
Response to Reply #29
37. I truly hope he sticks to his guns, but at this point will have to see it to believe it...
He has caved far too often.
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Marr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 03:23 PM
Response to Reply #29
132. Well, the usual apologists are *defending* the position described in the OP.
So what does that tell you?
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emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:39 AM
Response to Reply #26
31. I will have a better idea if I see an article with actual quotes. This one is all "reporter summary"
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:48 AM
Response to Reply #31
38. I agree, but even his quotes can usually be taken at least two ways...
I want him to cut the triangulation crap, talk straight, and stick to what he says.
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tpsbmam Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:32 AM
Response to Original message
18. WTF??!! I fucking give up.
:grr: :grr: :banghead:
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4dsc Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:32 AM
Response to Original message
19. BS alert here
I know that the right has been tauting India as an nation on the rise. Too bad they are still one of the poorest nations in the world and always will be.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Nov-06-10 11:33 AM
Response to Original message
20. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:34 AM
Response to Original message
21. How come there is not a single ACTUAL QUOTE from Obama's talk in the article?
Edited on Sat Nov-06-10 11:38 AM by emulatorloo
On Edit: Shift from mobile to desktop

I dunno about you, but I find that rather bizarre. No quotes, just "Reporter Summary."

Seriously WTF?
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Nov-06-10 11:34 AM
Response to Original message
22. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
emulatorloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:36 AM
Response to Reply #22
27. There is not a SINGLE DIRECT QUOTE FROM OBAMA in the article. All Reporter "summary"
Sorry, that's a little FISHY to me.
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demwing Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:39 AM
Response to Reply #27
30. Here are the quotes from the Hindustan Times
Edited on Sat Nov-06-10 12:01 PM by demwing
http://www.hindustantimes.com/Do-away-with-old-stereotypes-Obama-tells-Americans-Indians/Article1-622801.aspx

"I make no apology for what I have done to create jobs in the US. And I want to be honest, that for many Americans their only experience with trade and globalisation has been a shuttered factory or a job that has been shipped overseas," Obama told a business summit at the Trident Hotel in Mumbai on the first day of his maiden four-day visit to India."

"And there still exists a caricature of India as a land of call centres and back-offices that cost American jobs. That's a real perception," the president added.

Nudging India to open up key sectors like retail and agriculture, which hold a huge potential for American companies, Obama said: "Here in India, I know many still see, perceive the arrival of American companies and products as threats to small shop keepers and to India's ancient and proud culture."

"But these old stereotypes, these old concerns ignore today's reality. In 2010, trade between our countries is not just a one-way street of American jobs and companies moving to India," said Obama.

The president, who on Thursday portrayed his trip as primarily economic, said ties with India constituted a "defining and indispensable" partnership of this century and asked businesses from the two countries to look at each other as partners and not threats.

"It is a dynamic two-way relationship which is creating jobs, growth and higher living standards in both our countries and that is the truth."


So it sounds like Obama is trying to create stronger ties to India, and "create jobs."

So explain how sending MORE American compaines to India (not just call centers and back offices) will create jobs in America?



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Jamastiene Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:21 AM
Response to Reply #30
118. I guess we should have been waaaay more specific about creating jobs.
We want him to create jobs IN America. He seems to think creating jobs elsewhere in the world should count as creating jobs. How clueless is that? :banghead:
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Waiting For Everyman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:35 AM
Response to Original message
25. Tone deaf.
My favorite are the offshored Food Stamp call centers.
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PSPS Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:40 AM
Response to Original message
32. The article itself indicates how out of touch Obama is
In the first sentence, Obama tells "a gathering of business executives in Mumbai" that the preception is "an old stereotype."

Yet, the second sentence tells us that "Indian outsourcers" are worried about the US becoming "protectionist." Why the worry if it's "an old stereotype?"

Next, we have the non-sequitur "jobs cannot be created by protectionism" uttered by "Som Mittal, president of the National Association of Software and Services Companies (Nasscom)." I guess he's talking about CEO jobs at "Software and Services Companies." But not to worry, I guess. "The message for India's outsourcing industry in the speech was very positive, he added."

Next, we learn that "India's top outsourcers like Tata Consultancy Services and Infosys Technologies, have posted strong revenue and profit growth in the quarter ended Sept. 30, and are adding staff by the thousands." None of those jobs, of course, is domestic.

Except for Lenovo, who has their call center in Atlanta, every contact I have with a company's staff ends up in India. Examples are Dell, Intuit and Microsoft. Even Qwest's DSL technical support is handled in India.

I wonder if we'll ever have another democratic president.
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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:40 AM
Response to Original message
33. Obama in India: Outsourcing costing Americans their jobs
http://www.hindustantimes.com/Outsourcing-costing-Americans-their-jobs-Obama/Article1-622788.aspx

Concerned over rising unemployment in the US, President Barack Obama on Saturday said outsourcing work to overseas locations like India has cost Americans their jobs. In possibly a heartbreaking statement for the Indian IT industry, which gets over 60 per cent of its business from the US, Obama said, "...there still exists a caricature of India as land of call centres and back offices that costs American jobs. That's a real perception."

Addressing a US India business council meet here, Obama said, "There are many Americans whose only experience with trade and globalisation has been shuttered factories or jobs being shift overseas."

Obama, who is on a three-day visit to India, added, "As we look to India today, the US sees a potential to sell exports in one of the fastest growing markets in the world. For Americans, this is a job threat as we recover from recession."
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:50 AM
Response to Reply #33
39. No, according to this, that's our "perception."
Not exactly the same as a statement of fact.

It is however, the kind of remark that can be followed in negotiation by "now what are we going to do to change that perception"?
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:45 AM
Response to Original message
36. WRONG.
My god, we gave our prosperity to India as a gift.
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lumberjack_jeff Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 11:53 AM
Response to Original message
42. Populism is so... gauche. nt
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demwing Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:10 PM
Response to Reply #42
45. Populism is awkward? Tactless?
Is it too uncomfortable for you, or did I miss the sarcasm tag?
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lumberjack_jeff Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:28 PM
Response to Reply #45
50. The *one time* I neglect to use the sarcasm tag.
I thought my point would be obvious.

The same week we got our asses kicked by mama grizzly and the badger klan, he goes to India to meditate with the swamis of globalization.

Clearly the donations of those who profit from outsourcing are more important than the votes of the people who suffer it.
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demwing Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:34 PM
Response to Reply #50
54. Thanks. Sorry for the confusion
I've been edgy for the last few days. Can't imagine why, though...
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demwing Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:06 PM
Response to Original message
43. Ok, how about this? I LOVE OBAMA!
He is such a man of the people! He REALLY gets EVERYTHING that is important to me, and displays his concern and appreciation for progressive issues at every turn.

I love him so much my heart aches.

I want MORE of the SAME, because that is what will obvisouly win more elections for Democrats.

2010 is looking to be a banner year for Democrats! GO TEAM!
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demwing Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 10:36 AM
Response to Reply #43
128. Ok, so blatantly saying "Fuck this President" is bad, BUT
being insincere in praise to the point of ridiculousness, so much so that when I say "I LOVE Obama" you know I really mean "#$%^& this President" is acceptable?

Right!
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:09 PM
Response to Original message
44. Completely oblivious to reality, fighting for the corporations not US
:eyes:


God help us all.
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timtom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:25 PM
Response to Original message
48. Well, YEAH! Those fears are outdated and unwarranted NOW
because the worst has happened. The petroleum industry has just brought down the sword of doom. No need to fear now.
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asdjrocky Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:26 PM
Response to Original message
49. Translation?
He doesn't have to worry. His rich friends don't have to worry. His banker friends don't have to worry.

Fuck. This. Shit.
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:29 PM
Response to Original message
51. I've lost three different jobs to call centers in India.
Edited on Sat Nov-06-10 12:34 PM by baldguy
Seems the "two-way trade" only has traffic going one way.
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gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:32 PM
Response to Original message
53.  "Trade between our countries is not just a one-way street..."
"Trade between our countries is not just a one-way street of American jobs and companies moving to India..."

No, it's also big firms importing huge numbers of tech workers into the US to replace people here who are used to getting a good wage.
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glitch Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:47 PM
Response to Reply #53
57. + b i n g o nt
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theHandpuppet Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 08:07 AM
Response to Reply #53
126. +1000!
Well said.
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Lance_Boyle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 03:30 PM
Response to Reply #53
137. 'It's more like a series of one-way tubes.' n/t


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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:43 PM
Response to Original message
55. IDemo, in his best Inspector Columbo voice:
"Umm, excuse me, Mr. President," (clutching forehead with one hand and cigar with the other) "and forgive me if I'm wrong, heh, you know I've been wrong before, my wife will be the first to tell you that, but, you told me:"

“For years, our tax code has given billions of dollars in tax breaks, encouraging firms to create jobs in other nations. I want to change that,” the President said. Instead of tax loopholes that incentivise investments in overseas jobs, he will propose a “generous, permanent extension of tax credit that goes to firms for research and innovation done in the US”.


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Richard Steele Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:44 PM
Response to Original message
56. Most disappointing President EVER.
EVER
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earth mom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:50 PM
Response to Original message
58. Workers of America: UNDER THE BUS!
But no worries, you aren't alone!

There are gays, teachers, seniors, lefties, atheists and so many other great people under that bus with you.

Enjoy!

:sarcasm:
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:52 PM
Response to Original message
59. Deja Vu.....
Just like Clinton....a move to the Right. In fact, he beat the Republicans to initiating and completing the goals of the Corporations. NAFTA, for example.

WASF.

WTF do we sell to India? What? Pron? They don't need our movies anymore....theirs win our Academy Awards. I really liked that movie, too. Better than ours.

But just what do we export to India???? WTF do we make here anymore? Wheat? I know we don't export beef. What?
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Lucian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 12:54 PM
Response to Original message
60. And we voted him in for president...why?
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de novo Donating Member (590 posts) Send PM | Profile | Ignore Sat Nov-06-10 12:57 PM
Response to Reply #60
63. Because he wasn't a republican.
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Lucian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:03 PM
Response to Reply #63
64. Sometimes that's not good enough anymore.
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 08:05 AM
Response to Reply #63
125. Really? How's that working out?
:shrug:
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QC Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:21 PM
Response to Reply #60
69. Because he looked so dreamy on Oprah. n/t
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 05:39 AM
Response to Reply #69
110. :thud:
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Jamastiene Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:27 AM
Response to Reply #110
120. There are those knees again.
Knee Lovers of the world UNITE!
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 10:14 PM
Response to Reply #60
107. because he LOOKED GOOD!
and gave PURTY SPEECHES about HOPE and CHANGE!!!!!!!!!!
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:10 AM
Response to Reply #60
114. The choice was either Clinton Part II or putting a bullet in the USA as we know it.
Given that below-average menu, I'll choose Clinton Part II every time.

Really, what's he going to say to India? "You're big boys now, make your own way in life"? I wish he WOULD say that, since America obviously has it's own problems aside from the zero-sum inshoring/offshoring nonsense, but you can wish in one hand and shit in the other and see what you'll get first.
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walldude Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:03 PM
Response to Original message
65. Pfffft...
Obama hater.










































:sarcasm:
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Fgiriun Donating Member (57 posts) Send PM | Profile | Ignore Sat Nov-06-10 01:03 PM
Response to Original message
66. The same...
bullshit argument fucking republicans use to perpetuate their insane taxcuts®. I'm afraid to say this but Obama is absolutely clueless. He has taken a stubborn stance towards the center-right and is unwilling to think beyond irrational ideas such as compromise.
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Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:20 PM
Response to Original message
68. I'm astonished. He has no idea WTF is going on out here in the real world.
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nc4bo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:35 PM
Response to Original message
70. wtf O?!
What side of reality do you get up on every morning.



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Gin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:50 PM
Response to Reply #70
74. all those Indians that came to be trained for our jobs while I was at EDS
were figments of my imagination...his job and future are safe..beam me up scotty.
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nc4bo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 02:21 PM
Response to Reply #74
85. Bet you had to train them or lose your job too, that's usually how it works
I hear.

It all sounds so New World Order-ish to me.
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City Lights Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:45 PM
Response to Original message
73. Oh brother.
:eyes:

I would love to know whose standard of living is being raised in the US by shipping jobs to India.
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ikri Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 02:09 PM
Response to Reply #73
83. Oh, that's easy
The CEOs of the companies offshoring the jobs who have made out like bandits have seen their standards of livings rise considerably.

Just because you can't afford that 3rd yacht doesn't mean that some unfortunate CEO should miss out now does it?

:sarcasm: (just in case)
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:50 PM
Response to Original message
75. They didn't just move the call centers....
they moved the manufacturing also. Both are jobs that Americans can do.
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End Of The Road Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:51 PM
Response to Original message
76. WHO is advising Obama these days?
I can't believe anyone would have advised him to say this. It's nuts, and coming on the heels of last Tuesday's disaster these remarks won't do shit to help him.

Kinda heartbreaking.
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NoodleyAppendage Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:52 PM
Response to Original message
77. Well...maybe the last election wasn't such a bad thing.
I don't suspect that Republicans will make this situation better, but given this information I'm sure as hell not happy with Obama!

J
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:54 PM
Response to Original message
78. Well, he just lost us, didn't he?
I think Kumar has been giving him the good stuff to smoke.

This would make more sense if Obama actually had new jobs to show Americans, for each one that gets lost.
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Individualist Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 01:54 PM
Response to Original message
79. How Orwellian!
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Nov-06-10 01:57 PM
Response to Original message
80. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 02:07 PM
Response to Reply #80
82. And YOUR post has an unfounded assumption! I happen to love many aspects of India,
from art to food.

But out-sourcing? Not so much.
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nc4bo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 02:23 PM
Response to Reply #80
86. This isn't about bigotry. It just so happens that many outsourcing jobs went to India but
insert any country's name and you'll have the same issues.

It's not racial.
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 03:15 PM
Response to Reply #86
89. It doesn't have to be racial to be bigoted.
And really, maybe bigotry is the wrong word, "prejudiced" however, is accurate. They jumped to conclusions about what the President is doing over there, simply because its India. They equate India to outsourcing automatically without reading about how these deals are going to create jobs. Thats prejudging without knowing, its prejudice.
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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 06:54 AM
Response to Reply #86
113. "insert any country's name and you'll have the same issues" - nationalism, not racism or bigotry.
"Liberal nationalism, also known as civic nationalism or civil nationalism, is the form of nationalism in which the state derives political legitimacy from the active participation of its citizenry, from the degree to which it represents the "general will". It is often seen as originating with Jean-Jacques Rousseau and especially the social contract theories which take their name from his 1762 book The Social Contract. Civic nationalism lies within the traditions of rationalism and liberalism, but as a form of nationalism it is contrasted with ethnic nationalism. Membership of the civic nation is considered voluntary. Civic-national ideals influenced the development of representative democracy in countries such as the United States and France."

"Critics of nationalism have argued that it is often unclear what constitutes a 'nation', or why a nation should be the only legitimate unit of political rule. A nation is a cultural entity, and not necessarily a political association, nor is it necessarily linked to a particular territorial area - although nationalists argue that the boundaries of a nation and a state should, as far as possible, coincide. Philosopher A.C. Grayling describes nations as artificial constructs, "their boundaries drawn in the blood of past wars". He argues that "there is no country on earth which is not home to more than one different but usually coexisting culture. Cultural heritage is not the same thing as national identity"."

"In the Western world, the most comprehensive current ideological alternative to nationalism is cosmopolitanism. Ethical cosmopolitanism rejects one of the basic ethical principles of nationalism: that humans owe more duties to a fellow member of the nation, than to a non-member. It rejects such important nationalist values as national identity and national loyalty. However, there is also a political cosmopolitanism, which has a geopolitical program to match that of nationalism: it seeks some form of world state, with a world government. Very few people openly and explicitly support the establishment of a global state, but political cosmopolitanism has influenced the development of international criminal law, and the erosion of the status of national sovereignty. In turn, nationalists are deeply suspicious of cosmopolitan attitudes, which they equate with eradication of diverse national cultures."

http://en.wikipedia.org/wiki/Nationalism
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 02:02 PM
Response to Original message
81. The MAJOR problem, nay, flaw, in this argument = There are BILLIONS who will work for pittances.
Edited on Sat Nov-06-10 02:04 PM by WinkyDink
The American worker is at the end of an extremely long line for "jobs, growth and higher standards...."

Perhaps he is using code for "Please don't attack Pakistan."
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Skidmore Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 02:51 PM
Response to Original message
88. There is some truth to that. I heard on the radio earlier a comment
to the effect that the purpose of this trip was to increase exports to India. The first thought that came to mind was that we no longer produce much of anything to export. Hell, we've even exported our customer services lines. What do we produce here? Right now the fed is the only entity producing...oh and the auto industry.
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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 06:33 AM
Response to Reply #88
111. In 2008, US' manufacturing output was greater than that of the manufacturing output of China, India,
and Brazil combined.

Manufacturing in the United States

The United States is the world's largest manufacturer, with a 2007 industrial output of US$2.69 trillion. In 2008, its manufacturing output was greater than that of the manufacturing output of China, India, and Brazil combined, despite manufacturing being a very small portion of the entire US economy as compared to most other countries.

http://en.wikipedia.org/wiki/Economy_of_the_United_States#Manufacturing
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 03:25 PM
Response to Original message
90. What's next? Give the rich bastards who sent our jobs away another tax cut?
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countrydad58 Donating Member (274 posts) Send PM | Profile | Ignore Sat Nov-06-10 05:14 PM
Response to Original message
94. Obama
in 2 yrs you shall be outdated too. I again I ask all Obama Apologists where is your tipping point?
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Duer 157099 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 05:20 PM
Response to Original message
95. "..creating jobs, growth and higher living standards in BOTH our countries and that is the truth."
Just saying it does not make it true.

Where is the proof that the US is enjoying a HIGHER standard of living due to outsourcing? All evidence points to exactly the opposite.

Unless he means for the top 5%, then perhaps it's true.
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 05:38 PM
Response to Original message
98. Does he know this stuff said abroad gets reported in the US?
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 05:41 PM
Response to Original message
99. This is a bunch of...

GLOBALIST BULLSHIT!!!



Get your fucking head out of your fucking ass, MR PRESIDENT, and bring some jobs HOME!

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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 05:58 PM
Response to Original message
100. More corporatist, "let-do" bullshit that doesn't square with the facts.
Read these charts . . .

. . . and these

and read this book -

http://ecx.images-amazon.com/images/I/51dXNrZ-FaL._BO2,204,203,200_PIsitb-sticker-arrow-click,TopRight,35,-76_AA300_SH20_OU01_.jpg

And get back to me. Ever since the free trade agreements have been put in place, America has not created ONE NET NEW JOB. NOT. ONE.

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andym Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 06:00 PM
Response to Original message
101. Andy Grove, former chairman of Intel, begs to disagree
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 09:57 PM
Response to Original message
103. But everything in moderation, Mr President.
Must wwe export all the jobs?
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Prometheus Bound Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 10:08 PM
Response to Original message
104. Partha Iyengar, research head for Gartner, is really out of date.
"If you look at the historical evolution of globalization, this is simply the latest phase. The center of gravity has shifted, with cars moving to Japan, then low-cost manufacturing moving to China and now the more knowledge-intensive work flowing to India," said Partha Iyengar, head of research for Gartner India, a U.S.-based global IT research organization.


2008 motor vehicle production
Japan - 11.5 million
China - 9.3 million
US - 8.7 million

2009 production
China - 13.8 million
Japan - 7.9 million
US - 5.7 million
http://en.wikipedia.org/wiki/Template:World_motor_vehicle_production_by_country_in_2009
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Nov-06-10 10:12 PM
Response to Original message
105. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 10:15 PM
Response to Original message
108. He's right. We are a global economy, there isn't a we and them, there is only we
The sooner Americans learn to accept that the better.
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donco6 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:35 AM
Response to Reply #108
123. So when are "they" gonna start contributing taxes to "we"?
Because our taxes go to subsidize those very same companies that are providing jobs to "they." And that's not OK.
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The2ndWheel Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 03:24 PM
Response to Reply #123
133. Global corporations, regional governments
One of those will have to give.
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Marr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 03:27 PM
Response to Reply #108
135. Really. Odd then, that so many nations are outperforming us in this
"global economy" by having trade and labor laws that *gasp*... protect the interests of their own nation's citizenry.
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JoseGaspar Donating Member (391 posts) Send PM | Profile | Ignore Sat Nov-06-10 10:22 PM
Response to Original message
109. The word, "duplicitous" comes to mind;

...the words, "tone deaf", as well.

I guess "chastised" had a half life of about 3 days.

(Don't worry, Canada... I didn't really mean it about NAFTA, either. That was just silly political talk meant for the rubes who vote for me.)


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meow mix Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 06:40 AM
Response to Original message
112. hahahaha, jobs are outdated!!
:wtf:
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Jamastiene Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:13 AM
Response to Original message
115. Will somebody wake me up from this nightmare?
I don't buy that claim for a second.

OMFG, just create some damn jobs in this country and quit making excuses.
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Taitertots Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:24 AM
Response to Original message
119. Why not just say "let them eat cake"? n/t
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:33 AM
Response to Original message
121. sigh. nt
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:34 AM
Response to Original message
122. hiccup. nt
Edited on Sun Nov-07-10 07:34 AM by xchrom
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Bluenorthwest Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:57 AM
Response to Original message
124. So finally he's a Firece Advocate, but it is advocacy for exporting
more American jobs. Advocacy for India. What a guy.
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northernlights Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 08:14 AM
Response to Original message
127. Homelessness and hunger fears are outdated, unwarranted...
Consider the superior lifestyle of living under a bridge. The fresh air. The exercise as you walk to and from whereever it is you go.

As far as hunger, what better way to fight the obesity epidemic than to deny the poor excess food?

Keep it up Obama. Just keep it the fuck up.
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OlympicBrian Donating Member (456 posts) Send PM | Profile | Ignore Mon Nov-08-10 03:03 PM
Response to Original message
129. IBM alone has 75,000 employees in India...Obama claims his trip created 50,000 US...
During his trip, is Obama cutting deals to allow more offshoring?

IBM has hired around 75,000 Indian workers since 1992. The Indian IBM page also says "IBM stopped giving its headcount numbers" (hmm, trying to hide something?)

http://dqindia.ciol.com/content/dqtop20_10/CompanyRanking/2010/110072309.asp

Those 75,000 jobs--or a good fraction of them--could be still in the US.

I also heard some suspicious talk in Obama's speech about "opening more markets" and it sounded like opening more of ours to offshoring. Did anyone else catch that?
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Arkana Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 03:24 PM
Response to Original message
134. I have to disagree, especially if you're in IT.
Those jobs ARE being outsourced because corporations would rather pay some dude in Bangalore to answer phones for 20 cents an hour than pay an American 15 bucks an hour.
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laughingliberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 05:08 PM
Response to Reply #134
140. Well, the answer's obvious. If we want jobs, we should work for 20 cents an hour, too.
Edited on Mon Nov-08-10 05:13 PM by laughingliberal
:sarcasm:
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OlympicBrian Donating Member (456 posts) Send PM | Profile | Ignore Mon Nov-08-10 03:28 PM
Response to Original message
136. Offshoring allows corporate executives to hog more profits
Edited on Mon Nov-08-10 03:33 PM by OlympicBrian
"IT leaders in India say outsourcing does not hurt American companies but makes them more efficient and helps the U.S. economy by freeing up money for innovation and investments."

No, it allows corporations and fat-cat CEOs to hog a greater percent share of national income...

http://research.stlouisfed.org/publications/net/page21.pdf

Notice in the above graph the ever-widening gap between (rising) percent share of national income afforded to corporate profits and (shrinking) percent share afforded to compensation. There is a both a long- and short- term trend.

Likewise, employment and benefits costs plummet as you hire Indians over Americans:

http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?request_action=wh&graph_name=EC_ectbrief

And the ultra-rich, and corporations have the audacity to ask for tax breaks?

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