Job Recovery Not Coming
By United Citizens of America, Fri Dec 9th
India is beginning negotiations with the World TradeOrganization to ease visa restrictions for Indian professionals.There is some deal-making going on in Geneva. These Geneva talksare a framework for advancing the “Doha Round” of negotiations.
You cannot find much information about these talks in the U.S.press, but by using Google, you can see that in countriesthroughout the world the Geneva negotiations are very big news.Typically U.S. news does very little reporting on theseimportant trade negotiations.
If the deal goes through, India will lift barriers to farmproducts and services. In this case, services would includeallowing our banks and insurance companies to operate in India.
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Developing countries, led by Brazil and India , agreed to lowerbarriers to manufactured goods and to services.
Of course, the U.S. has to give something in return. In thiscase, the sacrificial lamb will once again be the Americanmiddle-class. India wants unlimited access to our labor markets- and American companies would consider that a very good trade!
If the proposal goes through, the existing quantitative curbs onthe movement of Indian engineers, software programmers,scientists, accountants, and other professionals to the US willbe removed. This will translate into cheaper labor and more lostAmerican jobs.
About the author:For additional information, contact: president@UCAnation.org Orvisit our Web site at: www.UCAnation.org About the UnitedCitizens of America organization: A 501 ( c ) (4) Not for Profitorganization.
CONTACT INFORMATION: Angelo Pesce - President United Citizens ofAmerica PO Box 396, Huntley IL 60142 http://www.UCAnation.org
