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India Will Not Recognize US Dollar Anymore-Maybe We Should Not Recognize India With Outsourcing

Since India has chosen not the accept or back the United States Dollar, maybe we should no longer back India with United States jobs.
 

Maybe we should bring our outsourced jobs all back home now and work on getting our dollar value back.  That will also fix our unemployment.
 

I bet they will suddenly change their minds and back the US Dollar then.

Below is the article.



Declining U.S. dollar loses another backer

 Jan 3, 2008 09:16 AM PST


NEW DELHI (AP) - U.S money will no longer buy entry to the Taj Mahal.

India's tourism minister said Thursday that the rapidly declining American dollar will no longer be accepted at the country's heritage tourist sites, which include the famed Taj Mahal.


The dollar is at a 9-year low against India's rupee. For years, a dollar would buy 50 rupees, and Taj Mahal admission was about $5. Now it's approaching $20.


The tourism official says that the declining value of the dollar was a consideration in charging only rupees, but the new system is also more practical.

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