Is your job moving to India? Get used to it (Bloomberg News via IHT)
Apparently people in Mumbai were surprised and relieved to see that outsourcing and India didn't come up during the first US Presidential debate.
Well, the reason is that the debate was supposed to focus on foreign policy and homeland security.
Look for outsourcing and US job loss to feature in the next debate.
Anyway, the article says that Kerry can't keep up his anti-outsourcing rhetoric for long. In the meantime, Indian companies and the govt should try to diffuse the negativity associated with outsourcing. The companies are already doing this by setting up local (i.e. foreign) subsidiaries.
This NYTimes Op-Ed article analysed the recent job losses in the US and concluded that far more jobs were lost due to improvements in technology than due to outsourcing. (The article is now in the 'for-pay archives)
Posted by Harshal at October 06, 2004 05:08 PMIn a way, critics are saying Kerry backpedalled on his claim to not allow outsourcing. But thats the spin people that allege he is a flip-flopper will put on it. Kerry has said he will create an environment that will ensure companies are encouraged to stay here rather than go out... he never said he will put sanctions or tarrifs to ban outsourcing.. .so he has been consistent throughout but I am sure people will blame him as having waffled when they hear the statements from the 2nd debate.
Posted by: Sanjeev on October 9, 2004 05:34 PM