Saturday, February 28, 2004
The debate on outsourcing
I guess "liberal writers" r trying to come up with new arguments for outsourcing. I dont know if they are really convinced of the soundness of these arguments, or if they are trying to act like cranes that buries itz face!
This is what Lou Dobbs had to say on this article:
In his column, "What Goes Around," Friedman says, "Although the United States has lost some service jobs to India, total exports from U.S. companies to India have grown to $4.1 billion in 2002."
Get it? We send them jobs and they buy our products. But what Thomas Friedman failed to point out to his readers, I'm sure it's just a simple lapse, is that our trade deficit with India at the same time has soared to $8 billion.
Globalization is going to act as an equalizer......just like Maharashtra, Gujarat and Karnataka have to pay for the backwardness of Bihar, J&K, UP, etc....the developed countries have to take a hit at the cost of developing countries. Period.
Fools appreciate, men of sense approve.
I guess "liberal writers" r trying to come up with new arguments for outsourcing. I dont know if they are really convinced of the soundness of these arguments, or if they are trying to act like cranes that buries itz face!
This is what Lou Dobbs had to say on this article:
In his column, "What Goes Around," Friedman says, "Although the United States has lost some service jobs to India, total exports from U.S. companies to India have grown to $4.1 billion in 2002."
Get it? We send them jobs and they buy our products. But what Thomas Friedman failed to point out to his readers, I'm sure it's just a simple lapse, is that our trade deficit with India at the same time has soared to $8 billion.
Globalization is going to act as an equalizer......just like Maharashtra, Gujarat and Karnataka have to pay for the backwardness of Bihar, J&K, UP, etc....the developed countries have to take a hit at the cost of developing countries. Period.
Fools appreciate, men of sense approve.
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