The article says that an average US programmer earns $65/hr vs $20/hr for the average Indian programmer.

Here in San Francisco, *senior* J2EE software engineers are being offered $40k per year. Which translates to a little less than $20 per hour.

A bachelor’s degree with exceptional performance from a nationally-recognized computer science program is required.

No joke.

http://www.craigslist.org/sfc/eng/13358605.html

RE: CNN.com - Tech jobs leave U.S. for India, Russia - Jul. 14, 2003