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ThoughtStream

The flow of thought

Saturday, November 06, 2004

Now that George W is back for four more years, what does it hold for countries like India. If the pundits are to be believed, it is good.
Bush is not against outsourcing, he is for tax cuts thereby raising the spending level of an average american, which means good for cheaper imports, he is not for cutting medicinal costs in the US, so the big pharmas dont have to reduce prices, which opens up opportunity for cheaper manufacturers from developing nations.

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