Jobs back to US!!!

What are we talking!!! Jobs back to US?? what kind of jobs we are looking to get back. Why will they should be back??

Let us think about options or rather solutions about this so called jobs back business. President Obama went on tour of Asia and we were hoping that we will be getting some jobs back from those countries.. What is the basis of this assumption that we can even get some jobs back.. May be we will sell those countries some high tech weapons and that way our US factories will keep on cranking for some more time!! what other kind of jobs we can get back? Call-center? Software Development? Manufacturing? Mining? Smoking!!

What kind of labor force we currently have what is in pipeline and what kind of work these guys are interested in.... I really like education system here.. It lets you do or study whatever you are interested in.. In colleges, you don't select major because it might result in very high paying jobs after graduation.. So as a result we mostly get excellent and really passionate students joining and coming out of colleges.. Problem I see that most of these students are focusing on non engineering / science majors.. All the science/engineering majors are being filled by foreign nationals or immigrants.. As a result, we are mostly getting very few native engineers and scientists.. However, whatever number we are getting is top notch.. one of best of best.. But still majority of students are very creative and non-engineering..


As an immigrant, I feel that US is becoming highly polarized. Divide between Rich and Poor is becoming wider and wider.. middle category jobs are going away.. either very high skilled jobs or non-skilled jobs will remain in here.. which will result in either very high paying or min wage jobs.. We all know that those non-skilled jobs are taken care by our neighboring countries.. So what is left??

So.. what are the growth areas.. I feel there can be substantial growth in "Very High Tech" for sure.. other than that, there will be very good demand for Managers (Project/Program).. also.. Financials.. We have to agree that US financial Industry can create and sell any kind of exotic products to any one.. I am sure their creativity will continue.. Another major area for growth is arts/sports, and it will remain for some more time.. Dallas Cowboys Franchise is known in all parts of world.. no one can compete our Hollywood.. We need sell these areas to rest of the world.. and sell it hard.. probably package it and sell it.. there is no dearth of talent in these areas.. We are good and our program supports these things like anything.. Sell NFL/NHL/NBA... package tours / tourists around these things..

Sell Vegas.. Those are the kind of things where no one can beat America.. I was listening today about extremely poor condition of housing market in Vegas.. I guess.. Government should spend their bail out money and start buying buildings and houses and help build Vegas back again.. May be offer these houses to anyone who moves to let us say from 1500 or more miles.. just kidding.. Start more direct flights from cash rich countries like middle east, Russia, China, India.. and you will see super growth in employment numbers.. Ask our brothers in US embassy/consulates to give tourist visas more easily.. change image that going to America is next to impossible.. may be embed device which will track these tourists till they are safely going back home..

 Bottom-line.. instead of worrying about bringing back jobs from Asia.. US should get creative and identify our core strengths and invest in them.. What is gone is gone.. don't worry about it.. invest in next wave of growth..

Myanmar (Burma) Elections

It is amazing how can we still let this happen in this time/age.. I don't understand why not India or even China simply annex Burma and get rid of their Junta (Military Rulers) and simply dismantle them.. and establish proper democratically elected government.

What is the point of becoming regional super powers. Is it just to talk.. I think this is the time that Indian government take action instead of just talking and show that they have some courage.. If they are not doing anything now. it could only mean that Junta government is bloody feeding these politicians in Delhi to just talk rather than take any actions.. Honestly, at this point I don't care if China takes some action and takes over Burma. As long as their is improvement in lives of the people of Burma I am fine with any other country taking over and getting rid of current regime.

I was looking at podcast at economist (http://audiovideo.economist.com/) today morning and it feels miserable.. They need to do some thing.. I wish Burma had good oil reserve.. may be US or some other superpower would have been more interested in it and do something real good work for humanity..

Cisco's dismal earnings forecast..

Really bad news today.. about Cisco's forecast. I hope it is temporary and localized to Cisco. I hope it is not indicator of next slowdown or what is called second dip..

This time Europe and Public Sector is to blame. I thought Public Sector especially US was growing really fast with growth in the size of government. I am really surprised to hear contrary report on this sector. What will happen if Tea Party Candidate becomes President.. If things are so bad for Cisco now, what will happen if Tea Party Candidate becomes president ;-) They are suppose to cut size of government. isn't it??

US Jobs and outsourcing

President Obama's recent visit to India has also sparked lot of issues with jobs growth in US and jobs going to India in outsourcing. India raised lot of concerns about restriction on outsourcing work from US. Both the countries are right in their approach.

US needs to understand, either local workforce needs to be competitive not just technically but also economically. Off course there is big difference in standards of living but that doesn't mean there is so much difference which can't be off-set by productivity gains locally due to let us say better infrastructure and same timezone. Definitely, US education system is very good in terms of creativity, presentation and overall development. However, for some reasons it doesn't produce enough scientists and engineers.  Most of engineers/scientists still come from immigrant population.. Most of the master's degrees in US universities are still filled by non-US students. This does creates problem for local business. They simply can't hire good enough local resources and Visa's like H1 are getting costlier and costlier day by day. So what is option. Any medium or now a days even small business are looking at outsourcing as very much viable option. Especially with the collaborative tools like WebEx/Video-Conferencing and almost free voice calling it is getting easier to offshore work. There is abundance of qualified workforce available in countries like India and China and other emerging economies. This workforce is usually very enthusiast to deliver and prove their worthwhile along with being extremely cheap as compared to local workforce.

So, question is, what will local young generation do.. I guess, one option is that local workforce should be willing to move.. They should be even willing to work outside US where they can still command premium for their incomparable communication, managerial and other abilities. Slowly, I feel local workforce will have only one of these  options, either do high tech jobs, very low paying jobs or go abroad. In-Fact during one of my trip to Mexico some time back I did met one couple who were coming back after visiting their son in Mexico. Their son was doing great and enjoying his very first job in Mexico City.. and they were also proud of him and very excited to see their son's progressing career.

Comments?

Common cold and conventional theory about Yogurt

I was searching for correlation between cold and yogurt. Found this link which kind of supports yogurt to boost your immune system to fight cold and in a way help cold. 

I have to agree that many other links were from Ayurveda and were against yogurt for cold. However, my personal belief and experiment does support theory outlined in this article. Well it could be just my body.

http://www.nlm.nih.gov/medlineplus/ency/article/000678.htm

Cheers !!

Day light savings - economic benefit vs tinkering with body clock

It was so nice to get an additional hour to sleep today. Especially as compared to, when in March or April when they take out an hour from the day. I really never liked it.

I am still not convinced that there is any economic benefit of day light saving time change. May be only for couple of months in peak summer at the most.

However, I still feel that this tinkering does mess up productivity for couple of days.

I would like to hear comments from others as well.

President Obama's India visit

It is great to see President Obama's India visit going well. I hope it will result in better business relationship which is essence and basic requirement of any other type of relationships between nations. So far it is going very well. Obama is really popular in India and actually rest of the world. I disagree with Economist correspondent that he lacks Bill Clinton's Charisma. He has different kind of magic and also he brings lot of hopes in everyone's heart. I do feel that US' respect has gone up after his election. At least lot of people think that US isn't that hypocrite. We can elect non-white as President instead of just talking about great things.

Inside US, Obama continues to suffer poor ratings mainly due to his lack of un-divided attention for job growth. However, he did great job in many other fields and can hope that he will be able to continue his work. Hope that due to business transactions with India there will be some job growth over here in US companies.

I think US needs India also to maintain balance of power due to China's growing military and economic growth in the region. India has lot of advantages and some disadvantages. India needs lot of help to fix its infrastructure. US companies have very good experience with Infrastructure development and can both India and US can gain a lot with each other.

Cheers!!!

House democrats leadership

In my view Nanci Peloci should let new democrats leaders take over house leadership. She has done her part and in recent elections her leadership failed. Whatever you say her leadership failed and she ought to take that responsibility. You can twist numbers to make them look whichever way you want and / or you can come up with thousands of excuses to keep minority leadership posts. But it only says that you are after power nothing more. If you want to contribute to Democratic party you can still do as leader. I would say that if you worry about party then you should not take any admin post any how and work hard to listen to supporters and make them heard in party leadership.

Happy Diwali!!!

Happy Diwali to every one!!! Hope this year brings lot of fun and prosperity to everyone's life.

We had excellent Diwali party yesterday and now gearing up for bigger block part on Sunday. It makes lot of difference if these Indian festival falls on weekend. Makes lot of difference in celebration spirit!!!

Cheers !!!!

Mid Term Elections - Economy

Generally they say stalemate in DC is good for economy. However, this time they are saying it will be opposite as many critical items are waiting for decision from Congress. I still think that even this stalemate will be good for economy. Any new law by congress is going to only create issues for business. Congress can't do more stupid stimulus bills. Onus will be on Fed bank. They are economist with only agenda to stimulate economy. That is all we need at this time.


In California, hopefully Jerry Brown will think this as his last political assignment and try to fix broken system in hope of so called lasting legacy. My hope is that he will think rationally and take decisions which are in best interest of Californians rather than a particular union or small group.