Drishtikone
Hmm… thats interesting!!
President George W. Bush helps a worker plough a field with a hand tool as Yedugiri Sandinti Rajaskhara Reddy (R), chief minister of Andhra Pradesh State looks on during a tour of the Acharya N.G. Ranga Agriculture University in Hyderabad, India, March 3, 2006.
(courtesy: REUTERS/Jason Reed)
Bush’s five-hour trip to the southern city of Hyderabad came a day after he sealed a landmark civilian atomic cooperation deal with New Delhi that recognizes India’s status as a responsible nuclear power.
“People do lose jobs as a result of globalization. And it’s painful for those who lose jobs,” Bush told an entrepreneur during a discussion at Hyderabad’s Indian School of Business.
The United States would counter it by educating people with the skills needed to be employed in jobs emerging in the 21st century rather than discouraging outsourcing, he said.
“The United States will reject protectionism. We won’t fear competition. We welcome competition, but we won’t fear the future either because we intend to shape it through good policies,” Bush said
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