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"We can keep giving tax breaks to companies that ship jobs overseas, or we can give tax benefits to companies that invest right here in New Hampshire," Senator Obama said at a joint appearance with Senator Hillary Clinton in Unity, New Hampshire.
"We can have a tax code that rewards wealth and hands out billions of dollars more to big corporations and multimillionaires. Or we can provide a USD 1,000 tax cut to 95 per cent of families in America, start rewarding work and not just wealth, and eliminate income taxes for seniors making USD 50,000 a year or less," Obama said, adding that's an agenda for change that we can believe in. That's the choice that we can make in this election.
"We can allow millions of Americans to work full-time but still not make enough to support their families, or we can raise the minimum wage, index it to inflation, and ensure that hard work pays off in America," the Illinois Senator said.
"I don't care black, white, Hispanic, Asian, Native American, young, old, rich, poor. It doesn't matter. There's this sense of what this country is fundamentally about, a fundamental goodness, and that if we tap into that, I am absolutely convinced that we can lift this country up to new and greater heights.
"This is one of those moments in our history when we have to tap the decency of the American people. This is our chance to turn the page on the policies of the last seven and a half years. This is our chance to bring a new energy policy to America and new ideas to America," Obama said at a historic moment during the campaign trail.
"So here's the choice in this election. If you like the direction America is going, then vote for Senator McCain, because you'll definitely get more of the same. But if you think we need a new course, a new agenda, then vote for Barack Obama and you will get the change that you and we need and deserve," Senator Clinton said in her opening comments.


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Obama is just doing his job and his promise to American people.
barack obama can levy tax on those companies who bring business to india but cannot stop outsourcing completely...see if pepsi cocacola levis ... etc if these american companies can come to my country india then y can't we take their jobs if 5,000 american based companies take hudge profit from india then y can't we earn profit from USA.. if obama levy the taxes on companies outsourcing jobs to india then mr manmohan singh should increase the tax to three times on US based companies .
Hi Sumit, You are saying that Manmohan Singh should increase the tax to three times on US based companies, because Obama levy the taxes on companies outsourcing jobs to India. Try to do that & you will know at that time if India will benefit or loose by doing that.India's economy is booming because of this outsourcing of jobs from US,Canada,U.K,Australia,New Zealand etc.Lots of Indians who are settled here in western countries are loosing jobs because of this Global Companies are outsourcing jobs to India.
this is good for americans and not for american businessman, outsourcing lifting american businessman's to grow up but now american people can happy but business people should be set sad
no. of persons that give comments on outsourcing dont know that india is today growing by a high rate bcoz of outsourcing. in india most of people are not sad becoz of their own problem but they r sad because of others joy. if u concentrate on ur working field u can earn there as well but u r busy in looking others money sources. and in great agony bcoz they jealous others people. shame on these kind of peoples who jealous other indians growth in it and still say that they r indian.
I thought USA was rich enough and sent jobs to other countries. When others were working honestly for them , they gave them a name 'Slaves'. Now you wanna slave yourself...
By putting a stop to outsourcing jobs outside USA is not a great thing to favour America. If the people in USA want it to be done, they can get it done by any senator. Its a wise decision to start companies in USA and get more jobs to american people and increase the economy. It will be wiser if you could treat every individual across the world as a human being and sent to earth by god, unlike arising any sort of competition between each countries. I would say the reports which gives the comparisons should be burnt which actually create indifference between the nations... Then finally end up in cold war and get heated up in hot war !... We humans never like stay quiet n innocent for long, coz that is the nature of everyone.
I live in New York and is ridiculous the amounts of tax here I agree that to keep American Companies in the U. S. a tax break for those companies are in order. It would mean keeping companies here and maybe more benefits for the working class not to mention the communities where these companies are established themselves and more jobs for the American people.
We have need to work 12 -14 hrs to make more money, so we do. Imagine you have money, society like USA; will you still work for 12-14 hrs? NO, we won't. Don't say such things like, "We are intelligent than Americans" PLZ. Stop doing what so-called Hindi movies does, they go to another country to take movies but still put down that country.
I cannot believe Indians think they are the best. What were we doing when 40 years ago when everything was computerized in USA, what about the country's infrastructure, caste system ....?? Intelligence should be reflected not just in making money but also in other aspects of our life. We Indians are behaving in such a way that we invented computers. We are just cheap labors for IT related jobs. Since there are good market for IT fields everyone is jumping to study IT related courses. Please understand this. In future, if for some reason any other field becomes more popular job wise, then everyone will be keen to study that field. Become a self-sufficient country like South Korea. Don't take jobs from USA or other countries and also claim to be THE INTELLIGENT crowd. We have need to work 12 -14 hrs to make more money, so we do. Imagine you have money, society like USA; will you still work for 12-14 hrs? NO, we won't. Don't say such things like, "We are intelligent than Americans" PLZ
is otsoursing doom for india
Don't ever believe American companies can say no to Outsourcing.Outsourcing benefits America. American companies opted to outsource for just making their business more profitable. But not to create jobs in India or not to support Indian economy. These companies never get Americans to work like hard working Indian employees. I have seen during all my projects Indian developers work 12-14 hours with out any weekends and holidays with no complaints. Same time hardly any American works more than 8 hours. Still they claim its so hard to work and the job is so stressful. How can any company afford to pay more than 5-6 times wages for lazy workers in this difficult economic conditions except a charity organisation of Obama.I am sure Obama knows all those things very well better than anybody else. He does everything to tackle poor Americans and shows himself as a hero. He has run the best election campaign and became US president. He is smart in handling Americans to support him.
I believe this is d worst decision i've ever seen taken by the US president. It is highly impossible for the MNC's to change the whole outsourcing or a project to their own countries cos they've invested a lot in this. I can tel few points regarding this1. They've 2 pay triple d wages for the US citizens wat they r paying now for the overseas countries2.The Americans are not technically savvy like Indians....Am not saying cos am an Indian, But its really true. 3.Americans cannot afford to work around 12 to 14 hours a day where we Indians can do.4.A company cannot withdrew the outsourcing just like that where lot of people will be losing their jobs
First off get off that cloud and don't generalized about who's savy and who's not and yes corporation only measure in dollars and cents and if they see that things aren't working out they pack up and go they don't care how many people would get affected. is happening right now read the news. Be aware of your surrounding before you make a statement.
welcome for obama words. This is the correct time and clear statement the way he sppech. But at the same time dont stop fully outsourcing and allow some opportunity with minimum tax to other countries such as india. Because more it software indians working for us firms. Think and do better for both countries.
Lets come to the point.If Obama puts hard rules for outsourcing Industry they are going to be the big looser.Till now americans get more benefits by outsourcing their BZ than Indians and moreover Indians are more intelligence than americans.If they stop outsourcing,attrition will be hold in technology developement.Moreover their economy will drew to downward,b'cos they need to pay more $ for american people for the work than Indians. All these things should be taken into mind of Obama.
outsourcing will not stop BZ Americans not committed people and they are not as intellegence as Indians. They are taking help from India By provinding less amount. First they have to think upon the money matter then stopping. Worst opinion what OBama took
I high encourage the Obama decision, because of outsourcing not everyone will become rich in India. Who are all working in IT company they will become rich, but the other graduates or other educated people cannot earn like IT people and this will make big difference between indians. All prices are increased because of outsourcing, the traders are thinking now the peoples are earning good salary then why dont we increase the price of our product. The basic necessary prices are also increased like vegetable, rice, etc. My dream is also INDIA should become a rich country, but i think this is not the correct way. JAI HIND.
I know India produces millions of graduates. Therefore, all citizens need to get together and create your own economy do not live off the west. That way, you can create millions of jobs.
I think its a wrong decision thinking that outsourcing should be stopped because India posses quality labour with low cost so India can do bussiness with any countries but USA cannot get people like us so they should realise be benefited to thier country and for others
I am american worker and let me say that to you: american's don't hire you becuase you are better or hardworking :) you are cheap and they can exploit you. And why are you so proud of working like a slave? 12-14 hours a day? What's happen when you get sick from working like this? Do you guys in India have any pride or dignity? I went to college here with lots of guys from India and ALL OF THEM were cheaters, they never took class if they didn't have comework or laectures from last semester with all answers! You being used by greedy American companies and you are proud of it?
I cannot beleive Indians think they are the best. What were we doing when 40 years ago when everything was computerised in USA, what about the country's infrastructure, caste system ....?? Intelligence should be reflected not just in making money but also in other aspects of our life. We indians are behaving in such a way that we invented computers. We are just cheap labors, that is all. Please understand this. Become a self-sufficient country like South Korea. Don't take jobs from USA or other countries and also claim to be THE INTELLIGENT crowd. We have need to work 12 -14 hrs to make more money, so we do. Imagine you have money,society like USA, will you still work for 12-14 hrs? NO, we won't. Don't say such things like, "We are intelligent than Americans" PLZ. Stop doing what so-called Hindi movies does, they go to another country to take movies but still put down that country.
I work at an outsourced call center in the Caribbean. Is it that all outsourced companies will be opposed or just those in India?
Outsourcing is a concept which came 40 years ago. Even huge Indian Banks outsource departments like credit cards and others to IT companies. Be practical this concept will take some beating to stop specially for a capitalist economy like U.S. Guys we buy equities and pressurize the Companies to pay us more for our money and long term goals for companies are only possible if they outsource Jobs they don't specialze in. This concept has given birth to many companies. All these companies will shut down if you stop outsourcing. Yes the concept has brought some changes Plenty of Jobs, Fat Pay packets, Attrition, Nightlife etc. But it has also created jobs for millions worldwide who would have been jobless or would have actually headed to other countries rather than staying in their own. Outsourcing is a bliss for those who make a living out of it. people who want to think negative can Bite Dust because Outsourcing will stay regardless of America getting some laws in place against it or not.
Wow, so he really wants to stop outsourcing, admirable but does he really want the big companies to go belly up? They now hire 5 people for the price of 1, where will the profit be for his country I wonder? Especially since I get so many calls that the previous AMERICAN agent was soooo Impolite to the customer.... Funny ain't it? Especially since I'm from the Philippines.... Ain't that hilarious pardner? Go figure it out...
Am not a indian, american and others ..first am a human . So every one should become very rich . If Mr Obama stop the outsourcing to india . The lot of india humans are will become waste .So just think abt the people and then put the rules .ThanksShiva.S.D
with outsourcing coming to India, people make money just by conversion of $ to rupee, one part of the society makes 1 lakh of salary per month, while the other is making Rs.5000 (average worker) per month. there is no compairson, housing in India is just now only for people who are making big money, flats in small cities are going for Rs.30 Lakhs, I guess if you convert this amount in US$ you can buy a 2 bedroom house in USA, just imagine the cost of housing. Young people don't want to work hard, just want to make money in companies who are out souricng work from USA, less effort good money.But let me tell you we have a very poor manufacturing sector, needs tough and hard regulation to bring up, even people mentality has to change. America has grown on Hard work in Industry like Electronics, Mechanical, Chemical, Medical, Defense and Aerospace, and other allied industries.Indian will have to work hard in all sectors.Housing market price has to be realistic, or Middle class will have no decent house to live in.
How does this address the increased inflation and reduced cost mergins that is some how allowing most of the Outsourcing companies to earn profit even all the benefits the Obamas and Hillary is talking about will Go Vanish if we total up the potential surplus the americans companies are making...it will diffenetly effect the countries like india as a temporary trend but as big gaint has already started getting settled in the Global market with others like China...which are already started giving sleep less nights to American and Europians Inverstors...the world is changing its face from west being dominating global markets from to the countries which can give results cheaper and Better:) end of the best one will service...the technology has boomed the asain markets to be best of the markets....it will be really hard for America to servive as they need us like they need petrol from Gulf..l.:)
Mr Obama will be doing the world a favour by stopping the outsourcing. He should also stop skill migration as well. This will make the indigenous population work a bit harder and slow down the inflationary pressure on the world.The earnings of some CEO are so obscene for little or no contribution or skill to the well being of the society on which it feeds voraciously while living them free to manipulate markets to feed their simplistic greed while 50% of the world that struggles to find next meal pays the heaviest price.
Vinod, you made a good point. Yes, India can create jobs for themselves if the government is not corrupt.