[LowCountryJoe]

that example is meaningless, since the cars being produced by the Indian company ARE BEING SOLD IN THE US MARKET!

This has nothing to do with what IBM is doing: transferring jobs and capital spending to India where they have no essentially no market, no profits, to serve the US market where they have both.

Which came first, the chicken or the egg? I'll leave my cryptic rhetorical question, as it is, to provoke further thought and or argument.

[oceanview]

Let India develop its own IT industries. Let them use their educated citizens and their capital and their lower wages and standard of living to build industries that compete with their US counterparts, and then lets see IndiaSoft and India Business Machines make it on the world stage.

Why hasn't that happened already? Why is India's method of "creating" their industry to have US companies essentially ship them ours?