The author is a real fave over at Smirking Chimp. That makes him a bonafide Bush-hater with no credibility. Along with others who post his dogdoo.
Even a broken clock is right twice a day. This is one of those times.
So a Clinton-hater (i.e. Ann, Sean, Rush, you, etc) has no credibility either???
Attack the facts, not the person...
LOL!!
Yet... I am seeing an interesting variant of this up close. My employer, located in one of the more expensive high-tech locales in the country, was recently bought by a large international corporation.
Our production facility will soon move to a much less expensive locale where they already have a manufacturing facility. (Apparently many staff have been given an opportunity to move -- I've heard amazement at the housing one can buy for the money there.)
Yet... this international corporation is not only not outsourcing R&D, it's consolidating it here. Which means relocating R&D groups from lower-cost-of-living locales to this expensive locale. (And those people, looking at housing prices here, are putting up a fuss.)
Why locate R&D here? A large pool of talent is available locally. Without the difficulties inherent in having the staff in distant lands (and those difficulties do exist -- for years I've worked closely with a small Boston outfit with isolated staff in Canada and a team in Moscow).
Perhaps the out-sourcing difficulties don't scale; they're large on a small scale, small on a large scale. But that's a story the doomsayers aren't going to tell you.