Obama in his 1st State of the Union address yesterday disappointed many of us in India by saying "You see, Washington has been telling us to wait for decades, even as the problems have grown worse. Meanwhile, China's not waiting to revamp its economy. Germany's not waiting. India's not waiting. These nations aren't standing still. These nations aren't playing for second place. They're putting more emphasis on math and science. They're rebuilding their infrastructure. They are making serious investments in clean energy because they want those jobs."Is Obama, trying to create a enemy or threat which never exist and try to get his bills passed or trying to cover-up his lack of execution to tackle domestic problems. There is 10-15% of unemployment in US. He had promised a lot on Employment, healthcare, but there is no significant work done on these areas.
I thought India and US are Strategic Partners in various areas. India is growing, it was not shaken by the economic crisis, we are learning to grow as stable economy, but US is far ahead of us in terms of "First place". The economy of India is the twelfth largest economy in the world by nominal value and the fourth largest by purchasing power parity (PPP). How can Obama mislead US people and leaders by creating India as threat for US Economy?
US Inc are outsourcing their jobs to make use of low operating cost in countries like India, which would yield revenue. Also, when we are in the world of globalization, when we are in the world of global customers, when US Companies are in peak of its competition to sell its product offering with low cost...how can we restrict companies to have jobs only in US. When we have customer in Asia to buys a product, making it in US and shipping it would cost more...how can economy of US will grow....
We need more of Collaborative growth between India and US. We have Knowledge power, low operating cost. US should make use of it. and OBAMA should focus on Organic growth and do some real stuff. I had expected more from Obama after hearing his campaign speeches. But after a year also, he is speaking more...which is great. but he is losing his credibility.
In fact, each nation is focusing of its own growth. You name it as India, China, or Germany. They are focusing on how to increase their GDP growth, creating employment opportunities, improving Health care, education infrastructure.
Instead of creating fear psychosis, Obama need to act quickly before millions of my friends in USA loss their trust with their president.
Let his action speak more then words...
http://www.ndtv.com/news/world/full_text_of_obamas_1st_state_of_the_union_address.php
Let me know your point of view ….
dia
