The Indian illusion

"If the United States continues to outsource jobs to India in increasingly large numbers, people will begin to feel insecure and may very well seek more protection against what they view as unfair competition," said Hillary Clinton via satellite to the attendees of Global IIT conference in San Francisco.

To her I would say this. “Tell your countrymen not to worry, Hillary. Indians are digging their own graves by a combination of over-hyped productivity, wage inflation, rising attrition and low supply of skilled engineers. To that you add economic benevolence offered by a rising rupee, rising costs of real estate and power (as and when available!). They won’t stop until cost arbitrages are wiped out completely and Americans and their jobs are together again.”

P.S. - Not kidding....Ms.Clinton had planned to appear in person, but organizers announced Thursday she would deliver her remarks via satellite. The attendees were promised if they handed in their business cards they would be returned with a Clinton autograph.