Washington, Feb 17: With the issue of outsourcing dominating the presidential poll campaign, democratic frontrunner John Kerry has described as ‘traitors’ companies which move jobs to countries like India.
Practically denouncing the companies which outsource to countries like India as “traitors” to the US, Kerry during a campaign here evoked the name of revolutionary war traitor Benedict Arnold.
He accused the Bush administration of “rewarding Arnold CEOs who move American profits and jobs overseas”.
The “outsourcing uproar” has become “a hotbutton political issue” that has “escalated into a major test of the strength of US-India relations”, said John Carbaugh, a consultant who issues a periodic India report.
He pointed out that the magazine Business Week, which put a positive spin on outsourcing, said ‘harnessing Indian brainpwoer will greatly boost American tech and services leadership by filling a big projected shortfall in skilled labour’.
By augmenting their US research and development teams with the 2,60,000 engineers pumped out by the Indian schools each year, they can afford to throw many more brains at a task and speed up product launches, develop more prototypes, and upgrade quality.
‘Whether you regard the trend as disruptive or beneficial, one thing is clear: corporate America no longer feels it can afford to ignore India’, the magazine’s latest issue said.
The outsourcing issue, Carbaugh notes, is providing a new constituency for anti-free trade rhetoric.
Source: www.deccan.com
Practically denouncing the companies which outsource to countries like India as “traitors” to the US, Kerry during a campaign here evoked the name of revolutionary war traitor Benedict Arnold.
He accused the Bush administration of “rewarding Arnold CEOs who move American profits and jobs overseas”.
The “outsourcing uproar” has become “a hotbutton political issue” that has “escalated into a major test of the strength of US-India relations”, said John Carbaugh, a consultant who issues a periodic India report.
He pointed out that the magazine Business Week, which put a positive spin on outsourcing, said ‘harnessing Indian brainpwoer will greatly boost American tech and services leadership by filling a big projected shortfall in skilled labour’.
By augmenting their US research and development teams with the 2,60,000 engineers pumped out by the Indian schools each year, they can afford to throw many more brains at a task and speed up product launches, develop more prototypes, and upgrade quality.
‘Whether you regard the trend as disruptive or beneficial, one thing is clear: corporate America no longer feels it can afford to ignore India’, the magazine’s latest issue said.
The outsourcing issue, Carbaugh notes, is providing a new constituency for anti-free trade rhetoric.
Source: www.deccan.com
