re: US tech industry getting hammered right now...

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Outsourcing to India almost always costs you more money, even if indirectly. It's just a messy car salesey culture. I've seen companies get completely screwed once the hooks got in. Big companies often have vampire consulting firms attached to them. The dynamic is fascinating because the companies grow to hate the consulting firm but they are convinced that they can't get rid of them.

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Vietnam, Mexico are both cheaper than China now, India isnt the only option.

We've inflated our dollars to the point that American labor is a poor value, and thats not the fault of the laborer.