I did NOT mean to initiate idle discussion abut what India has acheived and what the politicians are doing and what we can do for India and all that..
I am talking about the individual people here who are wasting their time and their golden years of their lives for a GC. If you had been trying your GC in 1994-2000 I would have supported you because there was a direct benefit. Now first of all , it will take you years to get one.. secondly it does not carry much value as before.. third you can go back to your country and make comparable money in PPP terms ( not absolute conversion from $ to Rs ) .
With the fiscal deficits, the coming boomer retirement and consequently the mdedical needs of all those old people, much higher taxes and higher inflation are around the corner. Add ot it the wage pressures becasue of off-shore competition and you see the picture ( much lower standards of living here and higher in India ). This movment in std of living will go on till there is an equilibrium between US and India/China. And that is because work can be moved anywhere with ease nowadays.
So unless you have been in this country for > 10-12 years and have made a fortune ( atleast a few hundred thousand $ if not a million ) with the dot com boom and not lost a fortune in the stock market.. you should not be here.
You will be in for a big dissapointment if you stay. Go now and make life easy for us who are well settled here and make life easy for yourselves. Don't you hear the sound of partying since the dates came out ? It is those bodyshoppers who are laughing all the way to the bank while you cry softly in your bed all night..They have you as modern day slaves for a few more years..
I am talking about the individual people here who are wasting their time and their golden years of their lives for a GC. If you had been trying your GC in 1994-2000 I would have supported you because there was a direct benefit. Now first of all , it will take you years to get one.. secondly it does not carry much value as before.. third you can go back to your country and make comparable money in PPP terms ( not absolute conversion from $ to Rs ) .
With the fiscal deficits, the coming boomer retirement and consequently the mdedical needs of all those old people, much higher taxes and higher inflation are around the corner. Add ot it the wage pressures becasue of off-shore competition and you see the picture ( much lower standards of living here and higher in India ). This movment in std of living will go on till there is an equilibrium between US and India/China. And that is because work can be moved anywhere with ease nowadays.
So unless you have been in this country for > 10-12 years and have made a fortune ( atleast a few hundred thousand $ if not a million ) with the dot com boom and not lost a fortune in the stock market.. you should not be here.
You will be in for a big dissapointment if you stay. Go now and make life easy for us who are well settled here and make life easy for yourselves. Don't you hear the sound of partying since the dates came out ? It is those bodyshoppers who are laughing all the way to the bank while you cry softly in your bed all night..They have you as modern day slaves for a few more years..