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by sithurajkumar[ Edit ] 2010-01-28 12:21:03
Obama raises red flag on outsourcing:
In his first state of Union Address, US President Barack Obama on Thursday said that
the worst of the economy slump for the US is over.
However, what could have a big impact on India is his plan to put more check and balances on outsourcing.
He said,
It is finally time to slash the tax breaks for companies that ship our jobs overseas and give those tax breaks to companies that creates jobs right in the United States of America.