Tag Archives: President Obama’s opposition to outsourcing

Obama’s opposition to Outsourcing: How are Indian-Americans & U.S. businesses viewing this?

There is a taste of threat in the air for some and may not be for the rest. President Obama’s opposition to outsourcing has raked enough controversy and a certain note of uncertainty seems to lurk about. He has voiced it time and again that his policy aimed at making the lives of middle-class Americans more secure; thereby ensuring that jobs were not sent overseas. His views have given rise to several perceptions among Indian-Americans.

First and foremost, a lot of individuals believe that due to President Obama’s opposition to outsourcing, several IT professionals lost their jobs in 2009. He had promised at almost eradicating the unemployment problem in the U.S., thereby providing a tax rebate to all those American firms who sought for labor and employment within the country. That was a time when people were grappling with the loss of jobs and the future seemed bleak and Obama felt the need to reinstate the U.S. as the financial superpower. However the intent of the government to recover $ 700 billion went kaput and now the end game with the elections draws close. The entire notion of this opposition to outsourcing appears ‘discriminatory’ to some.

However there are several others who think otherwise. Wipro has reiterated its presence in the U.S. having partnered and collaborated with other businesses. It holds a different view of the outsourcing controversy. Infosys believes in the same. Some have of course dismissed the outsourcing chaos as something that is mere ‘political rhetoric’ and political hogwash. Well, one has reasons to believe so and this is it. While the unemployment rate in the U.S. is at a high, the political leaders also need to ponder about the repercussions in terms of profit that American conglomerates would face if they had no outlet to outsourcing. It is about time for them to think and create and draft ideas that work towards the better of all.