U.S. may feel global squeeze 2983

Just chickeny

There are two sides to the economic coin, supply and demand. They are working against each other and they meet in the middle. Supply say, "if you pay me enough I'd produce more for you." Demand says, "If you'll charge me less I'd buy more from you."

China and India are supplying more than they are demanding. This pushes the settling price down, including labor. When the market stablizes supply and demand will once again be in homeostasis, that is until new technology is introduced, given that the new technology is cost effective in the new labor environment. This is the race to the bottom. It's the way markets work.

What kind of non-answer is that? Just answer the question. What high paying jobs cannot be outsourced or automated. Be specific and show your work.

As workers, yes. None the less, increased productivity is good for society in the long run even as it is bad for many during the transition. This could be mitigated. It's too bad we don't live in a society where we actually mitigate the losses of the losers during the transition rather than in a society with a winner take all atbreastude.