Thursday, 30 October 2008

What if Barack Obama wins?

I just wanna share my thoughts on what if Obama wins. I know I'm not part of the 200 electoral votes that Obama needs to be the next President. We, in the Business Process Outsourcing (BPO) business are somehow affected by the political and economical situation of the US. We are hopeful that after the elections, life would be better. Going back to the question -What if Barack Obama wins? In speeches, Obama has expressed his take on outsourcing. He was already tagged as Anti-outsourcing. Here's one of his speeches I got from related to that subject: Obama said that as president, he "will stop giving tax breaks to companies that ship jobs overseas, and I will start giving them to companies that create good jobs right here in America."

Here's another one from Virginia Tech Massacre (Thanks to Texas Rainmaker) when Obama considers outsourcing as violence:“There’s also another kind of violence that we’re going to have to think about. It’s not necessarily the physical violence, but the violence that we perpetrate on each other in other ways,” he said, and goes on to catalogue other forms of “violence.”

There’s the “verbal violence” of Imus.

There’s “the violence of men and women who have worked all their lives and suddenly have the rug pulled out from under them because their job is moved to another country.”

Will these statements still be true when he sits on White House? What happens to developing countries like ours, India and China who continually rely on offshore outsourcing jobs like programming, help desks, call centers, data processing etc?

I hope not. Recently, articles in the internet says that Senator Obama in his speeches had his standard refrain on outsourcing, a theme that he and his campaign have been hammering away in a states that has taken a hard hit economically, especially in the manufacturing sector.

I hope if Obama wins, he will still see the benefits of outsourcing as cited by Virendra Singh, a senior economist at Moody's ( who said the cost savings overseas is too great. "In case of labor-intensive industries ... the labor cost differential between the U.S. and countries like China, India, Philippines and other developing countries is too large to make any difference."

We'll see. I hope my guess that Obama is just putting a front on this issue to get more votes is true and when he seats on White House, everything will just be back to normal or BPO business as usual.

But what if McCain wins?

I hope my PR increases too :)

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