Offshoring

I recently read an article regarding the rise of type II diabetes in developing nations. The article (I think it was on the BBC) stated there are 1 million new cases a year in India.

It seems it has gotten to the point where the US cannot even keep it's self-inflicted diseases in-house.  Maybe we can offshore stress, conspicuous consumption, and the national debt (oops, we've done that.  The US is now a majority-owned subsidiary of the PRC.) as well.  Somehow, I doubt that those who strive take American jobs and money want the ailments that go with them, yet we keep sending jobs (or importing "cheap" labor as H1s.) overseas.

In my industry, I've seen imported labor as a poorly disguised version of indentured servitude, where hiring agencies exploit under-skilled staff as low-priced labor while reaping large profit margins.  And whatever wages are earned, much is wired overseas, never to return to the Western economy.  Yet, most of the world outlawed slavery in the 19th century.  I guess it really is not slavery if you get paid, but at what cost?

Then again, those in the West agreeing to sell-out their workforces (while earning their 7-figure compensation packages) for short-term gains seem to forget that once those same people that helped build their companies will no longer have jobs to pay for their goods, the income is going to go away.  And sending overseas totally removes it from the economy.  So the government then needs to increase tax rates to make up for lost revenue.

Clear cutting the forest proved disastrous, yet industry after industry chooses to repeat the experiment; when will sustainability be returned to the equation.  By God, what have we wrought?