Obama calls India creator, not poacher, of US jobs
Searching for help half a world away, President Barack Obama on Saturday embraced India as the next jobs-creating giant for hurting Americans, not a cheap-labor rival that outsources opportunity from the United States.
Fresh off a political trouncing at home, Obama was determined to show tangible, economic results on his long Asia trip, and that was apparent from almost the moment he set foot on a steamy afternoon in the world's largest democracy. By the end of the first of his three days in India, he was promoting $10 billion in trade deals—completed in time for his visit—that the White House says will create about 54,000 jobs at home.
That's a modest gain compared with the extent of the enduring jobless crisis in the United States. Economists say it would require on the level of 300,000 new jobs a month to put a real dent in an unemployment rate stuck near 10 percent.
..."For America, this is a jobs strategy," Obama said of his emphasis on trade, although it could stand as a motto for his 10-day trip.
The notion that the extravagant Obamapalooza tour of Asia is a "jobs strategy" mission is absurd.
Actually, I don't think this trip by Obama could have come at a worse time.
Rather than giving him an opportunity to regroup after the Democrats' historic losses in the midterm elections and offering him a chance to look presidential, he's looking like a detached elitist, completely unaware, confused, and off course.
He's making a fool of himself suggesting that India is the answer to solving our unemployment problems in the U.S.
This trip is working against him. It's not about our economy and the frustration of so many people out of work here at home. Saying that it is won't make it so.
India a jobs creator for the U.S.?
That's nuts.
No comments:
Post a Comment