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Lets assume that your plan works first year and there is almost zero gaming the system. Companies like BoA or Wells Fargo, the ones who are clients of TCS/Wipr
by thetruthseeker1 11y ago
Lets assume that your plan works first year and there is almost zero gaming the system.
Companies like BoA or Wells Fargo, the ones who are clients of TCS/Wipro etc, what do you think they will do to account for the change in landscape (and still keep their profits high), there will be lobbying in foreign countries, and, they may make it easier for BoA or Wells Fargo to setup offices in India and move some less important divisions there if not the most important divsions? Here its hard to predict whether common sense solutions will solve the problem, because you dont know what the Nash equilibrium solution here is or you dont know how other rational actors will adapt to this rule.
So the govt will have to go back and forth to get this right, the energy is better utilized in the big ticket job items that have costed america millions of jobs (not a few 10 thousands like in this one).... see my other comment on this topic.