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New Everything is not rosy in India either
[link|http://www.nytimes.com/2004/05/06/international/asia/06indi.html|Low-Tech or High, Jobs Are Scarce in India's Boom]

"India's economy is spawning a growing middle class, a host of world-class companies, a booming stock market and a new image for this nation of more than one billion people.

But those very reforms and conditions are also reducing the prospects of some of its citizens. India may be "shining," in the description of a controversial and expensive government publicity campaign, but it is also struggling to generate jobs.
...
In part, Mr. Naidu's blandishments reflect the dynamics of the global rush to India. As more cities, from Bangalore to Chennai (formerly Madras), compete for information technology companies, the companies have the leverage.

But it is not clear how much his state is getting in return when it comes to jobs. While nearly 60,000 jobs in information technology have been created here, many have gone to young Indians from across the country, despite this state's 350,000 English-speaking graduates. "
New I wonder when socialism tendancies will kick in again
India is generally a very socialist country. I wonder if/when the poor are going to want a peice of the "tech pie" that outsourcing generates. Such may flatten the wages a bit as ITers are taxed, making tech jobs less desirable.

But then again, there are sooooo many people in India that it does not matter much if socialism makes some slothful; they can still just throw people at a project. They have only begun to tap their population.
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oop.ismad.com
New About now....
The Congress Party beat the Hindu Nationalists. Sonia Ghandi.

[link|http://story.news.yahoo.com/news?tmpl=story&cid=586&ncid=586&e=7&u=/nm/20040513/wl_nm/india_dc|link]

Glen
Expand Edited by gdaustin May 13, 2004, 11:25:41 PM EDT
Expand Edited by gdaustin May 13, 2004, 11:36:33 PM EDT
     Everything is not rosy in India either - (bluke) - (2)
         I wonder when socialism tendancies will kick in again - (tablizer) - (1)
             About now.... - (gdaustin)

Boy, isn't that true about damn near any subject?
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