Ahead of Obama’s India visit, his aide woos Pune Inc

http://www.indianexpress.com/news/Ahead-of-Obama-s-India-visit--his-aide-woos-Pune-Inc/689809/

President Obama is scheduled to visit India in November. After his remarks offering tax benefits to American companies who create jobs in the country, the US is trying to keep “good spirits” among Indian cities like Pune, an export hub. Pune is one of the prominent cities in the US radar for export to meet Obama’s goal of doubling American exports in the next five years. The US is hoping that the new trade and investments going in both directions between countries will expand the markets in India and help both the Indian and American economies.

This article caught my attention because Pune, the city the WOTR students will be visiting, was the focus. Then it also made me think about all the recession measures we are trying to accomplish here, like increasing jobs through discouraging outsourcing, could have negative effects to other countries that have been the benefactors or our outsourcing. In countries that have fewer social and economic safety nets than we have the cost benefit may not be equal. The improvement in our unemployment could have a much more dramatic negative effect for individuals that have no job in more developing countries.