The Tatas Would Have Cheered Bush
by American Desi

OK, we know Hillary is in bed with the Tatas, but what about our own dear President ?

http://www.hindustantimes.com/news/181_1640568,001302100000.htm

US President George W Bush on Friday ruled out protectionist measures to address domestic concerns on outsourcing and favoured easy access for Indian students to American universities and schools.

"I have taken a position, the US will reject protectionism. We won't fear competition. We welcome competition," he said interacting with young entrepreneurs at the Indian School of Business, which has collaboration with Wharton School and Kellog School of Management.

AD's note: If India is competing with us, dear Mr. President, why then are we so eager to help our competition ?!  Why doesn't our competition build their own industry, their own markets and their own job base without eating away at what we have built in America ?

Noting that people lose jobs as a result of globalisation, Bush said, "losing job is painful. But the fundamental question is how does the government react."

AD's note: The issue is that your own reaction has been zero.  If you exhibit even 1% of the commitment that you have invested into Iraq on this issue, the American IT industry would be in a lot better shape !

He said one way was to resort to protectionist laws and the other was to educate people so that they found jobs in the 21st century.

"Let us make sure that pro-growth economic policies are in place -- it means low taxes, less regulations, fewer lawsuits and wise energy policies," the US President said.  

AD's note: In other words, lower corporate taxes so that corporations can make even more profits on jobs they outsource, and the execs can save even more taxes on their fat compensation checks while the American middle class has to work even harder to simply stay where they are.  "Work hard and barely eke out a living" !

Bush said globalisation provides "great opportunities" and asserted that his country would not "pull back" from competition.
 
Highlighting India's importance in terms of business, he said the country had a 30 crore middle class market.