It's one of the most short-sighted policies I can imagine. I'm amazed that no one apparently understands that the long-term effect of offshoring to a less-developed nation will be to equalize the relative economies.
tgreer
Made Her Cry
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I had a talk about this today at work. It is interesting to note, that aparently while outsourcing is much cheaper to get the job done, it almost always loses the company more customers and ultimatly they loose more money than if they would have stayed in the US.
nizzy1115
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chrisranjana
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Yes there is always a paradox
http://www.usatoday.com/money/economy/2006-04-11-immigrants-professionals_x.htm
David Huber, a Chicago-based networking engineer who once earned a salary in the high six figures, blames the H-1B program for keeping him unemployed most of the past three years. "All these American citizens have lost tech jobs and the slots are filled up with H-1Bs," he complains.
High-tech companies, however, say they could use tens of thousands more foreign specialists each year because of a shortage of skilled computer pros
chrisranjana
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its happening in the UK too
jbennet
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Eventually the need would drive the software industry. If they need skilled software engineers they would look to India, If they have enough software guys in their own country then they would not !. Outsourcing only for the cost difference will soon end. Nowadays the salaries of some Indian Programmers in Some category are at par or even more than their US counterparts
chrisranjana
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