terratogen wrote: ] Is the American middle class in jeopardy because modern ] communications technology enables U.S. firms to use workers in ] India for tasks such as call-center staffing and software ] development? Any web site that lists free markets in it's tag line is hardly going to be objective. I'll point out that in another article the same author seriously suggests that computer professionals consider becoming sex therapists: http://www.techcentralstation.com/120903A.html He says: General equilibrium does not require that Indian software programmers be paid the same salary as American programmers. However, it does require that they be paid the same per unit of output. It is impossible? It is happenning. Indian programmers earn 1/8th the wage of American programmers but they produce maybe half as well taking everything into account. Thats why people are doing this. It gets even sillier when the guy declares that there is an automatic balance of trade. There is a significant trade deficit right now and its alarming all the people who matter. He is over-generalizing. But don't take my word for it. Read the people ripping him up in his own forum! RE: Taking Advantage |