thanks for the welcome to this world joe
i can understand your argument, but competition as i understand it happens on a common field. we have the nba, and wnba, women's and men's sports all always split up.
i'm sure the cost of living in india is significantly less than it is anywhere in the u.s., so a 40k salary would go much further there than it would here.
i guess one could argue it's good for american business, but like nafta, it's good for the bigger companies, and not so good for the work force.
either way i suppose you're right; people who know their stuff will most likely not have to worry about jobs anyway.