"Earlier, Mr. Bush began his final day in India with a four-hour trip to the southern city of Hyderabad, where he met with Indian entrepreneurs, toured an agricultural university and patted a water buffalo. Hyderabad is a center of India's booming high-tech industry, and was also on President Bill Clinton's itinerary when he visited India in 2000. There, Mr. Bush strongly defended the outsourcing of American jobs to India as the reality of a global economy, and said that the United States should instead focus on India as a vital new market for American goods. "People do lose jobs as a result of globalization, and it's painful for those who lose jobs," Mr. Bush said at meeting with young entrepreneurs at Hyderabad's Indian School of Business, one of the premier schools of its kind in India. Nonetheless, the president said, "globalization provides great opportunities."Had a little interventional radiological surgery yesterday and the lead surgeon was Spanish, the 'chief fellow' was a white dude from the Chicago area, in probably his eighth year of training, and another 'fellow' was a guy from India who came here from the UK for a year of training. The world is very global. But, it's been way 'too' global for many of the 'middle-class' or even upper middle class when comes to India. At least up until this point. Twenty five years ago everyone was told a computer science degree was the ticket to a well paying career and a job secure future. And then corporations realized that Indians could do the same work for a 1/4 of the cost. India has nearly 1.1 billion people, and 40% of them are illiterate and 25% live below India's 'poverty line'. U.S. workers who's jobs have been outsourced are never going to get back from India what they, and U.S. corporations have gotten. And until countries like India can provide a market that can also buy from us at a decent level, make 'fair trade' a littler fairer, than a lot of people will have to make do with their two jobs. And the 'intervention' went well and the Indian 'fellow' was probably the best of the three. They were all very excellent, but the dude from India...he had a little extra... Yeah, we better scoot over....Bush is over there selling your job.
Saturday, March 04, 2006
Scoot over
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National Debt
On August 15, 1935, Wiley Post, the first pilot to fly solo around the world, and American humorist Will Rogers were killed when Post's plane crashed on takeoff from a lagoon near Point Barrow, in Alaska.