5 ms·

> I don't know what magical spell has India cast over Americans that all American politicians have become totally stone blind Trump and every other American po

> I don't know what magical spell has India cast over Americans that all American politicians have become totally stone blind Trump and every other American politician do not talk about it because the trade deficit between India and USA is not as big as China. Also, 9 out of 15 top internet companies in India are from USA. So like China, India is not a protectionist country and this outsourcing is a part of free trade. Btw,Welcome to Capitalism!

m23khan 10y ago
> Trump and every other American politician do not talk about it because the trade deficit between India and USA is not as big as China. Also, 9 out of 15 top internet companies in India are from USA. So like China, India is not a protectionist country and this outsourcing is a part of free trade. The day we hear Indian companies have outsourced jobs in India to outside of India, then your point will be valid. This is not capitalism and is certainly not free trade - it is simply one-way trade and the problem lies with the Western World who have propped up the Indian economy by handing over jobs that should have remained in the West over to India.
- pjc50 10y ago
  > This is not capitalism and is certainly not free trade It most certainly is, sadly. > handing over jobs that should have remained in the West Capitalism recognises no "should" other than the market. > Indian companies have outsourced jobs in India to outside of India Does it matter whether the jobs were in India in the first place? India is certainly an export market for the US: https://ustr.gov/countries-regions/south-central-asia/india https://ustr.gov/countries-regions/south-central-asia/india Three billion dollars of aircraft! That's got to be worth a job or two at Boeing or Lockheed-Martin. And then there's a little note at the bottom: "Sales of services in India by majority U.S.-owned affiliates were $16.4 billion in 2011 (latest data available), while sales of services in the United States by majority India-owned firms were $9.3 billion."
  - giardini 10y ago
    pjc50 says:" Capitalism recognises no "should" other than the market." And therein lies the rub for the USA: capitalism is not the be all and end all of our existence as a nation. Somewhere down the road we lost the notion that there was an implied social contract between a nation and its citizens. And that contract must take precedence over unfettered capitalism. USA citizens thought the social contract included protection from competition with 2nd- and 3rd-world workers who are paid 2nd- and 3rd-world wages. But MBAs, economists, and "globalizers" believed that no such protection should be provided. The USA's citizens lost the argument w/o knowing it was going on. The asymmetry in the situation puts only upside into the hands of the MBA/globalizer and downside into the hands of the USA worker: MBA/globalizer - "I'll make mega-mega-megabucks if I can produce widgets abroad! I'll be a god* billionaire!" Other would-be MBA/globalizer down the street - "If MBA/globalizer doesn't produce widgets abroad, then _I_ will do it! I'll be a god* billionaire and MBA/globalizer will be out of business!" US citizen worker - "I'll lose my job and be penniless if anyone produces widgets abroad!" Guess which ones put the most money into USA'S political campaigns over recent decades! There is no question that China has a "China first!" policy. In contrast, the USA has forgotten that it once had a "USA first!" policy as part of its social contract. The USA should restore that policy and make it economically explicit. Otherwise, why have a nation-state at all? If we don't go "USA first!" then we will be little more than a protective nest for an extremely wealthy few. [Edit: I was somewhat reluctant to add this, but several of the few extraordinary wealthy I have spoken to have literally whispered:] But that might not last long. The USA populace would likely revolt, kill the extremely wealthy and start all over again. Some, and possibly many, wealthy persons apparently fear the judgement of the crowds, pitchforks, torches and finally death at the hands of the mob! How wonderful must be extraordinary wealth that one begins to fear for one's very existence and that of one's children!
    - AstralStorm 10y ago
      Don't worry, they will hire paramilitaries (not from US even) and beat everyone to the ground with them. Even gun laws are no good against trained military. The US would then be even more fully de facto police state. Or they could just move, leaving a poor country behind. Only if the military and the police rebelled would the revolution have any chance. Even in the US. (People may be temporarily suckered by hypocrites and liars by omission.)
- trollpan2 10y ago
  Are you truly interested in debate or just jealous Pakistani( based on your HN history) who can't fathom India getting successful ?

m23khan 10y ago

> Trump and every other American politician do not talk about it because the trade deficit between India and USA is not as big as China. Also, 9 out of 15 top internet companies in India are from USA. So like China, India is not a protectionist country and this outsourcing is a part of free trade. The day we hear Indian companies have outsourced jobs in India to outside of India, then your point will be valid. This is not capitalism and is certainly not free trade - it is simply one-way trade and the problem lies with the Western World who have propped up the Indian economy by handing over jobs that should have remained in the West over to India.

pjc50 10y ago
> This is not capitalism and is certainly not free trade It most certainly is, sadly. > handing over jobs that should have remained in the West Capitalism recognises no "should" other than the market. > Indian companies have outsourced jobs in India to outside of India Does it matter whether the jobs were in India in the first place? India is certainly an export market for the US: https://ustr.gov/countries-regions/south-central-asia/india https://ustr.gov/countries-regions/south-central-asia/india Three billion dollars of aircraft! That's got to be worth a job or two at Boeing or Lockheed-Martin. And then there's a little note at the bottom: "Sales of services in India by majority U.S.-owned affiliates were $16.4 billion in 2011 (latest data available), while sales of services in the United States by majority India-owned firms were $9.3 billion."
- giardini 10y ago
  pjc50 says:" Capitalism recognises no "should" other than the market." And therein lies the rub for the USA: capitalism is not the be all and end all of our existence as a nation. Somewhere down the road we lost the notion that there was an implied social contract between a nation and its citizens. And that contract must take precedence over unfettered capitalism. USA citizens thought the social contract included protection from competition with 2nd- and 3rd-world workers who are paid 2nd- and 3rd-world wages. But MBAs, economists, and "globalizers" believed that no such protection should be provided. The USA's citizens lost the argument w/o knowing it was going on. The asymmetry in the situation puts only upside into the hands of the MBA/globalizer and downside into the hands of the USA worker: MBA/globalizer - "I'll make mega-mega-megabucks if I can produce widgets abroad! I'll be a god* billionaire!" Other would-be MBA/globalizer down the street - "If MBA/globalizer doesn't produce widgets abroad, then _I_ will do it! I'll be a god* billionaire and MBA/globalizer will be out of business!" US citizen worker - "I'll lose my job and be penniless if anyone produces widgets abroad!" Guess which ones put the most money into USA'S political campaigns over recent decades! There is no question that China has a "China first!" policy. In contrast, the USA has forgotten that it once had a "USA first!" policy as part of its social contract. The USA should restore that policy and make it economically explicit. Otherwise, why have a nation-state at all? If we don't go "USA first!" then we will be little more than a protective nest for an extremely wealthy few. [Edit: I was somewhat reluctant to add this, but several of the few extraordinary wealthy I have spoken to have literally whispered:] But that might not last long. The USA populace would likely revolt, kill the extremely wealthy and start all over again. Some, and possibly many, wealthy persons apparently fear the judgement of the crowds, pitchforks, torches and finally death at the hands of the mob! How wonderful must be extraordinary wealth that one begins to fear for one's very existence and that of one's children!
  - AstralStorm 10y ago
    Don't worry, they will hire paramilitaries (not from US even) and beat everyone to the ground with them. Even gun laws are no good against trained military. The US would then be even more fully de facto police state. Or they could just move, leaving a poor country behind. Only if the military and the police rebelled would the revolution have any chance. Even in the US. (People may be temporarily suckered by hypocrites and liars by omission.)
trollpan2 10y ago
Are you truly interested in debate or just jealous Pakistani( based on your HN history) who can't fathom India getting successful ?