On Fri, Dec 05, 2003 at 10:43:45AM -0500, Gribbin, Francis J. wrote:
> "And then Jon had a brainstorm. What if he offered Americans the jobs at
> the same rate he would be paying for Indian programmers? It seemed like a
> long shot. But it also seemed worth the gamble. So Jon placed some ads in
> The Boston Globe, offering full-time contract programming work for $45,000
> annually. [He had decided that it was worth adding a $5,000 premium to
> what he'd pay the Indian workers in exchange for having the programmers on
> site.]"

This shows that global competition and free trade lowers prices in the job
market as well as it does anywhere else. This is not a particularly
palatable thing for us programmers to realize, but just as with union
manufacturing workers, I think we'll find that we've priced ourselves out of
the job market - and we will either lower our prices, or lose jobs to
overseas competition.

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