political reverses here and i don t think we should overstate too much how important that is in the rest of the world. the u.s. president is always one of the big sort of rock stars on the global stage. i think this is going to be huge, absolutely huge benefit for america and india and other countries, it will be a big impact on public opinion and the president is one of toes, obviously, a president who is very popular overseas and thing this is i mean, i pressure pete s point, there s only so much you can do as long as the countries are wedded to protectionist economics, but there s no question this is a probably the best he can do. peter, i m confused a little bit here, sort of an irony, taking the companies overseas to allow them more exports, at the same time many of the companies here in the united states have shipped their jobs overseas, almost as if the president is going to visit the jobs that were lost. absolutely, what the countries do, they block our exports and things
high-tech items and auto parts and items. and help them locate to service the markets and undervalued currency they send that stuff right back. so is that not only, that destroys americans jobs first by weekend exports and then by the imports we take, we have a huge trade deficit with asia, through three presidents we ve tried diplomacy, it s time to acknowledge that diplomacy failed. do you agree? the problem we have, we have no sanctionings, no ability to say, listen, if you don t open your your markets, we re going to start hitting you with some sanctions in return. as long as you don t have the big stick, speaking softly is only going to get you so far so i agree with pete on that, however, i do think that it s going to achieve some things, i think this is a positive, probably the best thing the president can do for jobs and india, when you strip out currency manipulation, india is the fourth largest economy in the world and china will be