That is an excellent point Elroy...I've often wondered that myself. IBM yesterday just announced that they will be off-shoring 3000 more jobs - they are big proponents of outsourcing. My company, Intel, has not replaced any of us with Indian counterparts, but we now work with them on a regular basis.
So what happens when all of our jobs end up in India? Won't Indian workers begin demanding higher salaries eventually? Then what will companies do? Come back to the U.S...and expect us to beg for our jobs and work for ridiculously low wages so they can make a little extra money next quarter?
It's all about money and cheap labor...but like Elroy said...when do we get to see the benefits of these companies saving money by outsourcing? Have Dell's products gotten any cheaper since they moved their call centers to India? Are our cloths cheaper? How about our cars now that many are made in Mexico instead of Detroit?