May 12, 2006
Reverse Outsourcing?

Problem: Young educated Americans can't get jobs because they're all being "outsourced" to India.

Solution: You got feet, don'tcha?

U.S. companies have been sending jobs overseas for years — 130,000 already in 2006, according to Forrester Research, which analyzes the technology market. It projects that the number will rise to more than 3.5 million by 2015.

But now there’s a twist — U.S. workers are taking jobs in India for what they see as a long-term investment in their future. And Indian companies are recruiting them.

The article plays up the low pay but makes absolutely no mention of the extremely low cost of living in India. The reason why Indians are flocking to these "poor" jobs is because those "poor" wages enable you to live quite nicely in a very upscale neighborhood. Now here comes a kid from a country with a legendary work ethic who already speaks the language of your customers. And he doesn't cost any more than the locals. You do the damned math.

Put that in your "giant sucking sound" and smoke it.

Posted by scott at May 12, 2006 12:13 PM

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