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I think it's actually a bit more ironic than that

Posted By: AnnuderMT on 2009-05-07
In Reply to: Forgot to mention in previous post below - Fingers

As the Indian economy has grown with offshoring, so has the price tag attached to the workers. While they have an enormous population, they do not necessarily have an enormous educated population...percentage-wise, it's probably equivalent to ours. So now, much like here, the shortage of skilled workers has forced them to pay more for those workers. And, as we have already painfully learned, in the corporate world, the only loyalty is to the bottom line. Consequently, the Indian firms are forced to look for some place to get their work done cheaper, which now is the Philippines. The same things that made India appealing to American multinationals (cheap labor, English speaking) is also present in the Philippines, thanks to the long-term presence of the American Naval bases. If there is a bright side, it's that the work is getting at least geographically closer to our shores again, although admittedly by the time it gets back here, I'm afraid the line is going to make 7 c/l seem like a fortune.


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