Allow me to ReWrite™ that...
...sell products that are far more expensive than competitors' just because Indians arewillingable to get educated and work for less than spoiled Americans because of onerous union and minimum wage rules that make it impossible for American companies and workers to compete on the basis of cost.
That's a large part of it.
Of course, it broadens out even more, into the macro-scale idea of how we borrow money from China to give it away to other countries (e.g., tsunami relief)...that is, we puff up ourselves via debt.
Even without unions, I expect many Americans would have the idea they should be paid more than an Indian for any given unit of work.