No, you are simply feeling argumentative. Too many young people today are self-absorbed, and do-just-enough-to-get-by. That's not good enough for high tech R&D. The labor pool is much larger in India than the U.S.
Sure, and 'we' outsource and import it. American wages has always been the target of free traitors, nothing has changed. You left out the business investment side into here, which has taken massive steps back.