Why What's Good for India Is Good for Us: The Naked Economist - Yahoo! Finance
Why What's Good for India Is Good for Us: The Naked Economist - Yahoo! Finance
1. Because it’s the world’s largest democracy.
2. Because it’s where a large proportion of the world’s poor live.
3. Because a richer India will make for a richer America.
How can a place that “competes” with American companies and replaces American workers make us better off by growing wealthier?
First, a growing Indian middle class will buy our products.
Second, Indian firms will design and sell products that make our lives better.
1. Because it’s the world’s largest democracy.
2. Because it’s where a large proportion of the world’s poor live.
3. Because a richer India will make for a richer America.
How can a place that “competes” with American companies and replaces American workers make us better off by growing wealthier?
First, a growing Indian middle class will buy our products.
Second, Indian firms will design and sell products that make our lives better.
posted by dave at
4:46 AM
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