This article appears in "Business Week online" (apparently) and is troubling to me in the extreme!

It's not the "facts" that are troubling because they are what they are and I can do little about them.
But the attitude of the writer sure does grate!

The author has only profit in his sights - to hell with anything else that might be implicated in his actions!
My favourite statement is "Six months ago, I could find high-level programmers in India willing work for $15 an hour, vs. the $100-plus an hour I was paying Americans for the same work. In only six months, that rate has climbed to $25 an hour in India, while my domestic rates have dropped to around $35-$50." (bolding is mine). Thank you very much, Dickhead! Indian programmers have had rate increases while domestic programmers have had their wages cut by half and you think this is good?????
That's the kind of "competition" that serves no one except business owners exploiting cheap labour and BIG corporate shareholders urging the same.

I suspect that the author, now gloating as his source of wealth is gleefully described, is unaware that HIS WORK IS NEXT to go to India. It will be real nice to see an article describing how he finds living at 20% of his former income to be so pride-generating!

cheers