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McDermott:
Outsourcing to die natural death after elections
New
Delhi: US
Congressman, Jim McDermott, who is currently on an India
visit, said that the cry against outsourcing may die a
natural death after the presidential elections in the
US. Mc Dermott said that it is not an issue that concerns
only the US, because outsourcing is a worldwide phenomenon.
The congressman was speaking at an event organised by
the CII.
He
pointed out that India was also losing jobs to China.
He also pointed out that the current US administration
is the first administration since 1932 to have a fewer
jobs at the end than at the beginning.
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