I'd like to hear the conservative explanation for that statement.
Simple:
1) When you offshore jobs - and just put those people out on the street - you decrease the strength of the US, and increase the strength of the foreign country. Those foreign countries usually don't hold the same values, and certainly haven't fought and paid for freedom, like U.S. citizens.
2) As a CEO, you are both a manager for the shareholders, but you are also a leader of a team. Good team leaders help other team members pull themselves up. Bad team leaders empower themselves at the expense of others.
Also, good team leaders recognize that the other team member's high-tech professional job isn't - by the reality of the situation - some clock-punching operation. It involves dedication of most of one's life, in time and focus, to the benefit of the company, usually at the expense of one's family & personal time, and often your health.
To repay such dedication, by farming out the job WHERE YOU MADE A PROFIT FOR YOUR COMPANY to another country - without giving you a chance to retrain or re-org for better productivity - is to betray the sacrifices you and your family have made. For the "team leader" to turn around after that is done, and richly reward herself, may be legal, but it is, in this context, unjust.