Barack Obama torpedos Bangalore -- again

[ChromeFoundry]

5 May 2009, 1235 hrs IST, Chidanand Rajghatta, TNN

WASHINGTON: There he goes again, bashing Bangalore. ( Watch )

Not for the first time, US President Barack Obama invoked India’s much-celebrated economic hotspot, which has become an all-encompassing metaphor to describe everything from job loss to globalization, to rally Americans for a protectionist cause.

At a White House event on Monday to unveil tax reforms aimed at forcing American multinationals to pay corporate taxes -- and keep jobs -- at home, Obama lashed out at the current US system, saying it encouraged paying ''lower taxes if you create a job in Bangalore, India, than if you create one in Buffalo, New York.''

The US President’s beef wasn’t really with Bangalore; the barb was aimed more at US firms and their wily ways. But Bangalore has become a catch-all term to hang US economic woes on. Obama has done it at least three times.

Much more: http://timesofindia.indiatimes.com/World/Obama-torpedos-Bangalore-again-/articleshow/4484787.cms

Tough shit, deal with it.

[OhioChick]

1. Tough shit is right. n/t

[Deja Q]

2. We're all in this together. Our President keeps saying that, and with each passing day

his sincerity keeps proving true.

India is as much a pawn as we are. And if one looks at the cycle of predatory capitalism, they would be hit one way or another, and some media reports have claimed the recession has hit them and companies are moving from India to elsewhere too.

Everyone has to pay their fair share. What's the problem in ethics and morality?! Abusing H1B and other programs, amongst other things, have passed the level of abuse. I won't deny there is some truth that there are bright people in other countries, but trying to say all Americans are dumb - that didn't fly from day one.

[JuniperLea]

4. The people of India may well have been pawns...

But something tells me their government knew exactly what the deal was, and is.

[theoldman]

3. Is Obama right or is he wrong?

If he is right, India has no reason to bitch. Companies will always go where the labor is the cheapest and it generally is in the poorest nations. You don't see GE rushing to Japan.

[onehandle]

5. Deport these job killers to Bangalore.

Send the CEOs to live with their preferred workers.