Tuesday, May 18, 2004

Funny how that worked out

I was going to make a similar observation, but Bruce Bartlett does it better - India may have solved the oursourcing issue for us:
The great outsourcing controversy is now over. ... In elections last week, the voters of India fixed the problem by turning their country away from liberalism and back toward statism. Should India's new leaders follow through on their campaign promises, there will be a lot fewer businesses there doing outsourcing or anything else.
Count on socialists to kill the golden goose. I especially liked all the news stories with obligatory profiles of poor villagers who complained they weren't getting anything from all the new high tech industries.

But it's not all good news, since the last time around the Congress Party "discouraged foreign capital, believing that foreign aid was preferable." Stand by for lots of whining for the benighted American taxpayer to pick up their bar tab.