Baloney. A company that I used to work for exported almost two hundred jobs to India (mine among them). All the jobs were held by people with degrees, many of them advanced. The jobs went to less educated, less skilled and knowledgable people. But they were less expensive employees, and there were far fewer environmental or other government regulations to be concerned with. The quality of the work suffered, and two years later the company was sold for pennies on the dollar.
How the outsourcing CEO fared? Did he bailed out before the collapse with a fat profit? Did he jump to another company to do the same scooping trick?