Bush: Our job base is growing here because India's buying air conditioners

[Bush_Eats_Beef]

At the same time, Bush said India needs to continue to lift caps on foreign investment and lower tariffs and open its borders to U.S. farm and industrial products. Last year, U.S. exports to India grew by more than 30 percent, he said.

The expansion of India's economy means a better life for Indian people, greater stability for the region and a bigger market for America's businesses, workers and farmers, Bush said.

India's middle class is estimated at 300 million people, greater than the entire U.S. population.

"That middle class is buying air conditioners, kitchen appliances and washing machines and a lot of them from American companies like GE and Whirlpool and Westinghouse," Bush said. "And that means our job base is growing here."

http://www.cnn.com/2006/POLITICS/02/22/bush.asia.ap/



President Bush is introduced Wednesday by Dr. Vishakha N. Desai, president of the Asia Society of Washington.

[Toucano]

1. Wrong!

"...buying air conditioners, kitchen appliances and washing machines and a lot of them from American companies like GE and Whirlpool and Westinghouse..."

Are those items MANUFACTURED in the USA? Didn't think so.

NEXT!

[The Backlash Cometh]

4. He doesn't know anything about anything else, so I would question

any "facts" that he claims to have.

[Inland]

13. I think Whirlpool moved its last US manufacturing to mexico in 1999

I don't know if GE makes any home appliances here. Airplane engines, maybe.

[Cassandra]

2. Why do I doubt...

that any of those appliances are still made in this country?

[pinkpops]

3. I believe he said "made by American companies" -

In his imagination Americans are all Vice Presidents and stockholders. We outsource the work and live the good life while others sweat.

In other news, the folks in India are searching for a source of energy tho power their new air conditioners.

[radfringe]

11. at least they won't be making an overseas call

when they call a help desk

[pinkpops]

12. da-Dum

[blondeatlast]

15. Indeed.

:rofl:

[Maccagirl]

5. Where are those companies hiring?

Gotta get my resume in pronto! Maybe I can rejoin the middle-class someday.

:sarcasm:

[high density]

6. Trade deficit with India in 2005 = $10.8 billion

The article in this thread has some other figures as well: http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=364&topic_id=495281

"The United States had a $10.8 billion trade deficit with India last year, because even though U.S. exports to India have been steadily increasing, imports from India have risen more."

[sandnsea]

7. "American" companies manufacturing in China

The only people in the US benefiting are the investors. The investor class and those who serve them, that's all the US is going to be.

[Vinnie From Indy]

8. Bush economy is as everything in BushCoLand - a lie

There are vast numbers of Americans that aren't even counted as being unemployed after they extinguish their unemployment benefits.

As with global warming, the loss of manufacturing jobs in the US will reach a tipping point after which will come extreme hardship. There are only so many services we can buy from each other.

[morningglory]

9. Has anyone bought a frikken kitchen appliance that was not made in China

in the last FOUR years? I bought a good Black & Decker toaster oven about 10 yrs ago. Used it in the summer to cook little things on the back porch, instead of heating the whole kitchen with the oven on the range. I gave it to my son and bought a new one, turned out the new one was made in China and only lasted one year. That Chinese junk is like Japanese junk used to be many years ago, but it has good American brand names on it. I wager that we will buy 10 chinese appliances while the good old american-made one plugs away, that is if you haven't given it to your son.

[arealliberal]

10. Our job base might be growing, but it doesn't have anything to do

with Bush.

[salin]

14. er... W... heard of the "trade deficit"?

we aren't making those things here - only job that might be created is one more clerk at a mcdonalds near wall street.

[radfringe]

16. trade deficit???

bush: umm...trade deficit? I didn't know