Perhaps because Mr. Powell, whom I respect (a rarity in the current
administration), is making campaign promises to people who cannot re-elect
Mr. Bush.  <GRIN>

I whole heartedly agree that trade a good thing, however, we are not
benefiting from the trade over all. At present, capital (and jobs) are
flowing OUT of the United States, with only a benefit for the top level.


-----Original Message-----
From: John Lee [mailto:[log in to unmask]]
Sent: Wednesday, March 17, 2004 11:32 AM
To: [log in to unmask]
Subject: Re: [HP3000-L] OT: Powell reassures Indians


At 08:24 AM 3/17/04 EST, Wirt Atmar wrote:
>Colin Powell reassures Indians that their outsourced jobs are safe.
>From today's NY Times:
>
>=======================================
>
>March 17, 2004
>Powell Reassures India on Technology Jobs
>By STEVEN R. WEISMAN
...
>Responding to a questioner in a session with students who asked if he
>supported or opposed outsourcing, Mr. Powell said: "Outsourcing is a
natural effect
>of the global economic system and the rise of the Internet and
>broadband communications. You're not going to eliminate outsourcing;
>but, at the
same time,
>when you outsource jobs it becomes a political issue in anybody's
>country."
>
>Mr. Powell told the students what he had said to reporters earlier in
>the day after a meeting with Foreign Minister Yaswant Sinha: an
>appropriate American response to outsourcing was to press India to open
>up to imports of American investments, goods and services.
>
>He said one purpose of his trip was to explain to India that because
>outsourcing had created a political problem in the United States, India
could help by
>lowering its trade barriers. He said he was making that request, not as
>a condition for the United States allowing outsourcing to continue, but
because it
>was in India's interest to be more open...

This is absolutely true and a good and fair response to another country that
is benefitting from us.  I don't understand the politicizing of it?

John Lee

* To join/leave the list, search archives, change list settings, *
* etc., please visit http://raven.utc.edu/archives/hp3000-l.html *

* To join/leave the list, search archives, change list settings, *
* etc., please visit http://raven.utc.edu/archives/hp3000-l.html *