Obama calls India a job-creating giant for USA

[Ras]

it is typically the same in Europe
in a few words you summarize it all. thx.

I have friends in Indonesia > even you see in Indonesia they have one part of the problem.
they are not competitive to some markets so they need to protect the jobs
before it goes to the disaster point

I was teached when i was young the starvation/famine in India
when English made the machine textile and so many Indians couldn't survive it
This is what should be this world focus:
it is important to improve our economy and change our behaviors, but it is important too to protect our citizens against the economic disaster

It is either innovate or perish...it is stupid to cry about jobs going to China or India. If the US govt prevents American companies from using cheaper labor then American companies cannot compete in the world and will die.

There are advantages in the US which third world countries do not have..the American worker needs to use that to stay ahead in quality and innovation.

The days of a high school gradate learning programming and making 100,000 dollars annually or a high school dropout working on a assembly line making 60,000 dollars are over.

 

[Water Car Engineer]

Potential Job breakdown​

Heavy Transport Aircraft:

Boeing and the Indian Air Force have reached preliminary agreement on the purchase of 10 C-17 Globemaster III military transport aircraft, a deal that will make the Indian Air Force the largest owner of a fleet of C-17s outside of the US.
Deal value: $4.1bn. Potential US jobs created: 22,160.

Engine Sale for the Light Combat Aircraft:

General Electric Company on October 1 was declared the lowest bidder and selected to negotiate a contract to provide the Indian Aeronautical Development Agency with 107 F414 engines to be installed on the Tejas light combat aircraft. The deal has yet to go through.
Deal value: $822m. Potential US jobs created: 4,440.

Commercial Aircraft Sale:

Boeing will sell SpiceJet, an Indian low-cost airline, sealed 30 new B737-800 commercial aircraft.
Deal value: $2.7bn. Potential US jobs created: 12,970 jobs.

Gas and Steam Turbine Sale:

General Electric Company singed a deal with Reliance Power, the energy group owned by billionaire industrialist Anil Ambani, to supply six advanced class 9FA gas turbines and three steam turbines for the 2,500-megawatt Samalkot power plant expansion.
Deal value: $750m. Potential US jobs created: 2,650.

Reliance Power and US Ex-Im Bank Agreement:

US ‘s Export – Import Bank and Reliance Power signed a Memorandum of Understanding that will provide Anil Ambani’s power group up to $5bn to boost it electricity production.
Deal Value: $5bn. Potential US jobs created: Not specified.

Diesel Locomotive Manufacturing Venture:

GE Transportation and Electro-Motive Diesel have been selected by the Indian ministry of railways as the sole two bidders for a venture to manufacture and supply 1,000 diesel locomotives over 10 years.
Deal Value: More than $1bn. Potential US jobs created: Not specified.

Sale of US Mining Equipment and Related Support Equipment:

The US’s Export – Import Bank approved more than $900m in export finance guarantees to Sasan Power, a subsidiary of Reliance Power, supporting the sale of US mining equipment and services from Bucyrus International of South Milwaukee, Wisconsin, and other U.S. vendors, in association with the 3,960-megawatt coal-fired Sasan power plant in Madhya Pradesh.
Deal value: $641m. Potential US jobs created: 3,460 jobs.

Several other smaller deals, below $10m, have also been signed but the ones below are the main agreements or MoUs signed.

I think some people needed to see that..

Its win-win situation..

 

[mikey]

To Asim,
today you lost your reputation and respect here sir.. Read your post 1st time here and it was so naive,noble and meaningless ,which doesn't suits you.. I also read a member waqas BS JUST ABOVE YOUR 1st POST BUT YOU SEEMZ TO BE IGNORANT BECOZ ? ? My question To WAQAS HERE IS IF YOU REALLY CARE ABOUT POOR PEOPLE OF INDIA THEN ,WHY DONT YOU KEEP THEM ? ?if you cant then why dont you STFU m8 ? ? Man! Look at you 1st ,deep inside ,where you standing or are you standing on your own feet or knees ? ?

 

[Hussein]

It is either innovate or perish...it is stupid to cry about jobs going to China or India. If the US govt prevents American companies from using cheaper labor then American companies cannot compete in the world and will die.

There are advantages in the US which third world countries do not have..the American worker needs to use that to stay ahead in quality and innovation.

The days of a high school gradate learning programming and making 100,000 dollars annually or a high school dropout working on a assembly line making 60,000 dollars are over.

I agree with the first point.

You say about high teck. don't dream: chinese will be competitive to high tech too. india too. europe too. so usa will have to compete in one only particular job segment when china will have many segments.

not everybody in your country will be working in high tech

about programmation i am not an expert but i always feel that the prices of services are far too high here in europe. they exagerate so much. what is sad is:
you pay a lot for this but people didn't accept pay a normal price for the workers: the agriculture (making a problem here) or the manufacturers.

 

[Ras]

I agree with the first point.

You say about high teck. don't dream: chinese will be competitive to high tech too. india too. europe too. so usa will have to compete in one only particular job segment when china will have many segments.

not everybody in your country will be working in high tech

about programmation i am not an expert but i always feel that the prices of services are far too high here in europe. they exagerate so much. what is sad is:
you pay a lot for this but people didn't accept pay a normal price for the workers: the agriculture (making a problem here) or the manufacturers.

When/if the Chinese or Indians move on to high tech and do a better job then they will be the predominant economic power. The US does not have a right to be the predominant economy always..we have to innovate constantly to stay ahead.

The US has advantages the rest of the world can only dream about...lots of virgin land,abundant water resources,the ability to choose the best immigrants(for the most part excluding Mexico) due to geography etc etc If the US falls then it is only our fault not the fault of China or India.

 

[indian navy]

china made a great mistake of histroy they mak india there enemy but they should make india there friend they cant be super power of future witout india

usa need india to keep them self on superpower level
china has to understand the real positon of world

i dont know what special they will get from pakistan just loss and loss to china and nothing else

 

[fallstuff]

No,

that's why jobs cannot be taken back to USA

Its kinda a hard to pay for mortgage, food, cars, health care, child care expenses at those wages.

 

[somebozo]

Obama sort of taking USA towards socialism, and the wages will soon reflect that! Workers of the world unite!(for some change)

 

[nForce]

When/if the Chinese or Indians move on to high tech and do a better job then they will be the predominant economic power. The US does not have a right to be the predominant economy always..we have to innovate constantly to stay ahead.

The US has advantages the rest of the world can only dream about...lots of virgin land,abundant water resources,the ability to choose the best immigrants(for the most part excluding Mexico) due to geography etc etc If the US falls then it is only our fault not the fault of China or India.

I think I told this to you only some time ago.

USA is a country with Atlantic ocean on one side,Pacific ocean on the other,a friendly country up north,another friendly country down south,with a vast piece of land enriched with lots of natural resources in between.Its a win-win situation.These advantages are compounded by the Americans of course who worked real hard to build their country.