
Re: What is the future of Software Outsourcing of India.?
The idea that trade is a zero sum game is demonstrably false. The US is a huge net importer of goods and services. As our major industries leave the country to seek out low wage cost and regulation, the unemployment rate in the US will go up to the point where we no longer represent a viable market opportunity for products produced in the gulags of China, India, and other third world nations.
This time it is different. There is no "next wave" industry for us to move into because what is being eliminated is not production inefficiency. We are eliminating the need for people in our economy to produce goods and services since these can be acquired elsewhere for less.
It seems like the last growth industy left in the US is the market for penis enlargement, of which I get 2000 emails a week trying to entice me to buy.
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Software Development Company