>>>"No politician or government can repleal the Law Of Competitive Advantage."
I agree. We in the US received a big benefit when countries like India and China took their labor off the market through Communism and Socialism. Now, these labor markets are coming back on the market and they will drop down domestic US wages in areas where foreign competition can. There's little we, or our government, can do about this.
However, remember that after Sputnik was launched (many years ago) the US started up a concerted effort to catch up with the Ruskies in education. Accelerated programs were started across the US.
I think this offshoring will have the same effect - as it calls into question the low-quality, NEA-controlled monopoly on education that exists now.
(We had our chance once: remember how Republicans promised to eliminate the Dept of Education but didn't have the guts?)
There are many warning signs in this article and in others that US employers are moving offshore for BETTER workers as well as cheaper ones.
To the extent this is true, then we'd better recognize it right away and deal with it quickly. Quality workers depend on education but also on social values such as hard work, punctuality and so forth.
In this regard, we need to address our education crisis along with the parenting crisis in the US: the lack of two parent families. Education is one dimension, and stable families is another. Without fathers in the homes the schools will be mere detention centers for the kids.
We also need to drop much of the welfare that encourages people to not work and to adopt anti-society values. If a person doesn't have to work then why try to better himself.
Unfortuately, a society usually has to reach a deep crisis point before the pain forces a change in behavior. Even then the results might not show up for another generation.
Hopefully we can change peacefully -- ahead of the crisis. But I wouldn't bet that way.
Hoppy
American unions priced themselves out of the labor market.
The irony is, these SAME workers, now retired -- are combining their capital (retirement savings) with FOREIGN labor to make earnings.
Is this a great country or what - </sarcasm Off>.
If we had just kept the GD unions OUT of it in the first place, we could have maintained long term growth, without this instability.
THANKS, DEMOCRATS