The following is a comment I made on Slashdot:
That is a pretty accurate description, especially
Our educational system itself is a joke.
If you were painting or washing cars (the euphemism I use for outsourced IT work) and some guy in a poor country across the world offers to do the same for half or even quarter the rate, capitalism cannot afford to employ you. Americans have two options – either whine yourself into irrelevance or pull yourself by your bootstraps, retrain and do things higher up on the value scale like designing new cars or even inventing new automobile technology. American universities like MIT are already working towards this and moving to newer paradigms in engineering education. Take a look at Geeks and Chiefs: Engineering Education at MIT.
And yes, not everyone in India wants to paint cars forever. They are very eager to design and invent new stuff too. Americans have had a head start and now a good opportunity. History will record whether they were smart enough to capitalise it.
