Much Ado About Obama

DQ Channels - - Channel pulse - RA­JNEESH DE/ ra­jneeshd@cy­ber­me­


gaye re Obama”, last heard that was the ti­tle for the movie be­ing planned by the pro­duc­ers who made the ear­lier movie “Phaans Gaye Re Obama”. Go­ing by the ap­par­ent ' Rom­ney-wave' cre­ated by the me­dia dur­ing the cam­paign, that seems to be the gen­eral im­pres­sion even though Obama won fairly com­fort­ably to be elected as US Pres­i­dent for one more term.

Af­ter the con­tin­u­ous build-up to the cam­paign and the world­wide in­ter­est evinced dur­ing the count­ing of the re­sults, what re­ally amuses me is the in­ter­pre­ta­tion by dif­fer­ent stake­hold­ers of the im­pact of Obama's sec­ond in­cum­bency. Es­pe­cially, how the In­dian IT me­dia is go­ing head over heels an­a­lyz­ing the im­pact of Obama's pres­i­dency on In­dian IT. And What If Rom­ney was....

What se­ri­ously amuses me is to think that In­dian IT hon­chos se­ri­ously be­lieve these reg­u­lar anti-out­sourc­ing rhetoric that al­ways come up be­fore elec­tions. And whether they re­ally be­lieve that Obama or Rom­ney be­com­ing pres­i­dent would at all im­pact the out­sourc­ing bri­gade. There is lit­tle chances of these rhetorics again com­ing to the sur­face be­fore 2016 when two new en­ti­ties will again clash for the ten­ancy of the White House.

Not­with­stand­ing iso­lated in­stances like Gen­eral Mo­tors go­ing for in-sourc­ing, the dy­nam­ics of off-shore out­sourc­ing to In­dia will en­sure its un­in­ter­rupted con­tin­u­a­tion ir­re­spec­tive of the po­lit­i­cal regime or Pres­i­dent who is in in­cum­bency. So, these views of some IT heads that Rom­ney might have been a bet­ter op­tion for In­dian IT ser­vices com­pa­nies do not carry much wa­ter. There is lit­tle or no pos­si­bil­ity of Obama dis­turb­ing the frag­ile eco­nomic dy­nam­ics of Un­cle Sam, now that he is firmly en­sconced for a sec­ond term.

What might be a slightly more cause of worry is the Demo­crat regime's aim to put a cap on H1B visas and also to in­crease the fees of work­ing visas in the US. But then again, the cur­rent po­lit­i­cal and eco­nomic sit­u­a­tion in Amer­ica would have dic­tated that Rom­ney too would not have done some­thing dras­ti­cally dif­fer­ent on this front. Go­ing by the pro­lif­er­a­tion of H1B dur­ing Bush Jr's regime, it would be a fal­lacy to think that it would have been a Repub­li­can norm even in 2013.

Apart from out­sourc­ing, let's not de­lude our­selves in think­ing that Rom­ney would have been a bit­ter foe of China and go­ing by the logic of your en­emy's en­emy be­ing your friend, there­fore a great friend of In­dia. My ques­tion to to all those think­ing in these lines—since Rea­gan in the mid-80s, which US Pres­i­dent has openly taken on China? And not­with­stand­ing Rom­ney's anti-China stance dur­ing cam­paign­ing do they se­ri­ously think him to put his words into prac­tice against a coun­try to whom more than half your wealth is mort­gaged. So, US might do high pos­tur­ing against the likes of Huawei and ZTE, but they would not go the full mea­sure to an­tag­o­nize China.

Bottomline: Obama or Rom­ney, In­dian IT should fo­cus on main­tain­ing and de­liv­er­ing the eco­nomic ad­van­tages for its US out­sourc­ing con­stituent. All this brouhaha about the Obama im­pact, is MUCH ADO ABOUT NOTH­ING.

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