Wednesday, June 24, 2009

Brand Obama: Packaged Protectionism

Obama is a celebrity and undoubtedly one of the most famous and powerful President around. It is seen that he has received a rockstar’s welcome wherever he goes (recently when he addressed the whole Muslim Population from Cairo University, Egypt).

Well I’m from the school of thought that would call Obama a perfect marketer but at the same time feel that he is not doing a great job when it comes to running the country! This is not a casual comment but my inference from his current activities (mainly his attitude that shows more protectionism than globalization).

Barrack Obama Protectionism

Here is why?

For threatening to end the tax breaks for corporations that ship jobs overseas (overseas aka Bangalore, India :) ) and trying to be the so-called 'saviour of America', he is surely called the 'popular guy' of sorts...

But I feel this move of his, which shows America’s attitude intentions to resort to Protectionism (a mistake that led to the Great Depression to last for over 30years), opens a window for possible Indian companies going global and entering the US market. This may result in Indian companies employing Americans(at a lower wage though) and generating jobs in the US.

Well, from the present actions of Obama, I guess he would not mind this..!!! But this is where I feel its sad that US, the fore-runner in bringing in globalisation is actually back-tracking and resorting to protectionism. Surely, a positive for India in the long run! (that though is only if Indian companies have that kind of a vision and capability)… But this has raised eyebrows on Obama’s leadership and decisions..!

“Obama better take note and Introspect,

Else the downfall of US will be a case studied in Retrospect”

6 comments:

Barack Hussein Obama said...
This comment has been removed by a blog administrator.
Unknown said...

Looks Good to me.

Good luck.

Rajiv S Perumal said...

Owing to unncessary issues that arose I have removed the comment!

Unknown said...

I agree with what u have written rajiv...but i feel even u r being a gr8 marketer.......

Dhiru said...

Leaving behind the question of who has actually posted the comment...
Obama definitely has something to realise from the blog post...
He chose to make outsourcing difficult for the US corporations with an intention to reduce the unemployment rate... the intention is right but not the path he chose... that would inturn harm the companies and lead to bankruptcy of more companies...which would any way make their employees jobless.
In my view helping the US corps is a stable way of making things better, though it would take relatively more time.Discouraging globalisation will never be a positive gesture for any economy... protectionism would just look good for a while in this situation...
For related content... http://www.businesstechonomy.com/2009/05/stop-outsourcing-but-be-competitive.html

Rajiv S Perumal said...

thnx aveet for callin me a good marketer... guess it'll be a good motivator keeping in mind the fact that i'm going to be a marketer for the rest of my life...

As for Dhiru agree fully with your comment.. n yeah jus wanted to tell ya this, try using the html tag "a href" while putting your blog link, that way it'll be easier for viewers to click on it pal!!