Quote from dddooo:
Comparing to $10,000 salary in India (and it's a very high salary over there) it's not going to make a difference.
You point would be valid if business was moving from over-regulated Oregon to unregulated Montana, but that's clearly not the case. The business is moving from over-regulated Oregon and unregulated Montana to even more over-regulated, lawless, corrupt countries like India, China, Russia, Romania etc.
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The US has a big problem that can not be solved by more education and training of its citizens - although that wont hurt. Ireland has one of the highest educated populations in the world per capita and yet, does not have the type of environment one would expect merely because everyone has a PhD.
I noticed an ominous sign of the US giving away it low level technilogical infrastructure - this was an ad for entry level US consultants who would be flown for 4 months to Bangalore India to be trained in "cutting edge" technologoes and then they would be assigned to US consulting gigs under the auspices of the Indian consulting firm at relatively low US wages.
It is time for US companies and citizens to wake up and kick some *ss. For example, if we really wanted to we could automate away the foreign companies and possibly provide new jobs for a many of our own citizens. Targeting this and using capital to fund it is not being done because its is in US companies best (short term) interests to often eliminate the jobs of their own citizens. Later when theese same companies have to pay the piper for giving away their companies to foreign based operations the executives will be long gone .....