wwossen
These economists don't think like you and me. They don't look at individual cases, they always try to draw a bigger picture. They don't see immediate benefits of outsourcing tech jobs, but their prediction is this in-turn will create jobs in other sectors in future.
I for one am not for outsourcing. It hurts me like everybody else here. But they have a valid point if you look at it logically, but then they are not always right.
One thing is sure that outsourcing has controlled the IT wages that were getting out of bounds. I remember a time when SAP consultants used to bill more than $250 /hour. Now the same guy is doing same(or better) job in less than $100 to stay in competetion.
Outsourcing or Not, One thing is clear here - "No job is for life". The professionals here must be flexible enough to change careers to keep up with the change in technologies