A community of 30,000 US Transcriptionist serving Medical Transcription Industry

Our president's agenda


Posted: Jun 14, 2010

http://www.whitehouse.gov/the-press-office/remarks-president-us-india-strategic-dialogue-reception

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I see the words of an eloquent host...what's the problem? - NM

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:)

Problem is.... - their ecomonic growth is based on

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US job losses. The message couldn't be clearer to the shrinking US MT industry in the midst of the Indian job boom.

Where have you been? This became cyrstal clear - long before Obama took office.

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I stopped working for Indian MT wages last year after putting up with the downward spiral for the better part of a decade and having transcribed for more than 30 years. I have not one single regret over my decision not to stick my head in the sand and refuse to read the writing on the wall.

Wrong. Their economic growth is based on - their transition from a

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socialist-based economy (1950s through 1980s) to a market-based economy in the early 1990s. Agriculture accounts for 29% of its economy with industry contributing a whopping 54% (hardly dependent on outsourced US jobs). They also have the 2nd largest labor force in the world, which they evidently utilize very efficiently.

By the way, FYI, India is the second most desired outsource destination in the world. Guess who is number one in that category...that would be us, as in the USA.

http://online.wsj.com/article/SB124344190542659025.html

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