That offshoring of IT threat can never happen. Nobody wants to move the third world to work. The only way H-1b works is to entice the high IQ workers that live in shit hole places to come to the USA and accept indentured servitude. Nobody is going to go to a crap hole to work and accept indentured servitude. Besides the USA is the only country that has an H-1b type visa and f—ks their citizen workers up the a— so badly. No other country treats is citizenry so badly. None.
Perhaps you can see my response to him. At least you didn't have the audacity to call me a liar.
Just for the record, I am very much against H-1B visas, but the sad fact is that economics are the driving force behind their popularity. A lot of that economic burden is caused by onerous regulations. I didn't say that is was the total reason, or at least I didn't mean to imply that, but it does play a huge role.
There are other reasons beyond the hesitation to move operations offshore. Like the risk of them learning secrets of your manufacturing processes that may make your product unique, unstable governments or environments, etc.
Reduced wages are only a part of the equation as well. Foreign workers are not protected under the NLRB. Employers do not have to pay social security, medicare or unemployment payments for them, and they cannot unionize either. They most likely do not have to provide them with health insurance and they certainly do not have to figure in any retirement costs. So it's no wonder why H-1B visas are so popular, and why companies are gravitating to them.
You are correct, America is an attractive place to live and is part of the reason for American exceptionalism.