The Democratic presidential hopeful Barack Obama has held the revolution in technology and communication in last few decades responsible for outsourcing of jobs to India and China.
"Over the last few decades, revolutions in technology and communication have made it so that corporations can send good jobs wherever there's an Internet connection. Children here in Missouri aren't just growing up competing for good jobs with children in California or Indiana, but with children in China and India as well," Senator Obama said at a campaign rally in Springfield, Missouri. In a veiled attack on the previous government for its decision on economic reforms, he said, "It was irresponsible decisions that were made on Wall Street and in Washington. In the past few years, we have relearned the essential truth that in the long run, we cannot have a thriving Wall Street and a struggling Main Street." When wages are flat, prices are rising and more and more Americans are mired in debt, the economy as a whole suffers.
Full Story: Outsourcing? Tech to blame, says Obama
"Over the last few decades, revolutions in technology and communication have made it so that corporations can send good jobs wherever there's an Internet connection. Children here in Missouri aren't just growing up competing for good jobs with children in California or Indiana, but with children in China and India as well," Senator Obama said at a campaign rally in Springfield, Missouri. In a veiled attack on the previous government for its decision on economic reforms, he said, "It was irresponsible decisions that were made on Wall Street and in Washington. In the past few years, we have relearned the essential truth that in the long run, we cannot have a thriving Wall Street and a struggling Main Street." When wages are flat, prices are rising and more and more Americans are mired in debt, the economy as a whole suffers.
Full Story: Outsourcing? Tech to blame, says Obama
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