Obama Plays American Hero

Barack Obama seems to be playing all his cards now in a desperate attempt to ensure the American voters that he is the leader America needs and would be proud of. It kind of sounds like Bush’s cliché use of “Freedom” as the stepping stone for every action. When Obama addressed The Democratic National Convention in Denver, he told the American public that he will ensure that American companies outsourcing jobs outside the US will not get tax SOPS and he would instead provide them to companies who were creating good jobs in America.

The fact is that there are no companies in US that currently get tax breaks for sending jobs overseas so Obama doing anything won’t make any difference. Moreover, for any such act, he would need a Congressional and Senate approval.

What Obama needs to think after getting out of his Superman mode is what the fate America would be if all the cheap outsourced jobs to US, Mexico and Philippines were stopped and the same were rolled back in US. The kind of margins American companies would lose, boil down to an unimaginable number and more expensive goods and services. Mr. would be president needs to understand that America outsourcing jobs overseas is in its own interest. It does do because it needs to do so for the talent and cost arbitrage.

I don’t blame Obama completely. After McCain performed the Guantanamo Bay stunt, Obama had to pull something out of his hat.