[Editor’s note: Outsourcing and offshoring plays a pivotal role in the destruction of the U.S. economy. Politicians continue to embrace the strategy that harms their constituents, yet their constituents continue to vote them into office year after year. Shipping jobs overseas benefits no one – not a single person in America – except for the international bankers and money lenders who relax in their ivory towers and raise a toast to the sinking of the country. -DM]

New deal with India benefits corporate elites only.

WASHINGTON, APRIL 9. A deal between the United States and India could make it easier to travel between the two countries and outsource jobs.

The “open-skies” agreement, slated to be signed by the U.S. Transportation Secretary, Norman Mineta, and Indian leaders later this month, would strike down decades-old restrictions on air travel and fares between the two countries. Current rules limit airlines in either country to serving a maximum of five destinations in the other nation and require airlines to submit proposed fares to authorities for approval before initiating service.

“The open-skies agreement creates a more competitive marketplace for the airline industry,” said Continental spokesman Martin DeLeon.

Already, some local companies are anticipating the availability of cheaper and more frequent flights to India to make it more convenient to shuttle workers and executives back and forth.

Original article