Continuing to play the anti-outsourcing card, Barack Obama said while America cannot “shy away” from globalisation, it would have to take measures to ensure that jobs are not shipped overseas. “We have to stop providing tax breaks for companies that are shipping jobs overseas and give those tax breaks to companies that are investing here,” Obama said during a debate with Clinton.
Facing the heat from US presidential hopefuls who blamed “shipping jobs” to China and India for rising US unemployment, the India Inc had last week launched a counter-offensive, telling Americans that the industry is creating new work opportunities for them.