Read the book the world is flat....

I view this as water seeking its own level. Once China and India move upwards they will become less desirable also the high cost of oil will cause an increase in transportation costs that will tend to decrease the wage rate advantages of the two massive countries involved in offshoring China and India.

I saw the US automotive industry originally lose jobs to Japaneese workers. The Japaneese workers salaries went up because of supply and demand. Eventually the Japaneese manufacturers built factories in the U.S.A. and hired laid off U.S.A. engineers to do their design work, this has been quite succesful for them.

Interestingly the whole thing has shed light on the fact that the U.S.A. work force minus its bloated, poor management can be competitive in the worlds workplace.

But when water is seeking its own level one has to be careful not to get drowned!

People are people and good people will always eventually be gainfully employed IMHO.