President Obama: Offshoring Fears Are Outdated, Unwarranted [View All]

[durkermaker]

this is a relief, I had been worried about this. And I'm glad he's addressing the worries of Indian outsourcers, I had been concerned about them

President Obama: Offshoring Fears Are Outdated, Unwarranted
By John Ribeiro, IDG News Nov 6, 2010 10:20 am
The perception that Indian call centers and back office operations cost U.S. jobs is an old stereotype that ignores today's reality that two-way trade between the U.S. and India is helping create jobs and raise the standard of living in both countries, U.S. President Barack Obama told a gathering of business executives in Mumbai on Saturday.

President Obama's remarks come after some moves in the U.S. that had Indian outsourcers worried that the U.S. may get protectionist in the wake of job losses in the country. The state of Ohio, for example, banned earlier this year the expenditure of public funds for offshore purposes.

http://www.pcworld.com/article/209970/president_obama_offshoring_fears_are_outdated_unwarranted.html