This isn't about a technological advancement, Maverick. It's about taking a higher paying American job, and sending it overseas for a hell of a lot less. That's what it's about. But I'm not surprised you don't see that.
They are actually directly comparable. Let's say a typist is paid $30,000 per year to copy legal documents. One day some guy invents the photocopier, which the firm can buy for $10,000 and get the same output per day as the typist. Obviously, the firm will buy the copier and lay off the typist.
If you substitute "photocopier" with "low-wage Indian typist," the situations are identical. If someone invents a machine tomorrow that automatically diagnoses X-rays for half the cost of a professional radiologist, we'd probably say that's too bad for the radiologists that get canned, but on the whole a step forward for society. But when the substitute is a third-world worker instead of a machine, people have different reactions despite the fact that the economics are fundamentally identical.
We can argue about whether outsourcing is "good or "fair" all day - it comes down to value judgments. But there is little question that it is, on net balance, good for an economy. There is also not much that we can do to stop it, aside from improving the competitive environment here in the US -- tax code reform would certainly be a start. In the long run, neither Kerry nor Bush can repeal the laws of economics, and vast differentials in productivity-adjusted wages are naturally unstable.
In any case, the impact of outsourcing has been exaggerated by politicians and the affected industry groups. "The Bureau of Labor Statistics (BLS), in its first look at layoffs due to the relocation of work, identified only 4,633 jobs that were lost due to relocation of work overseas during the first quarter. "
People also ignore the crucial element of productivity. In most cases, American workers are so much more productive than their third world counterparts that it would not pay to move their jobs overseas. American worker A may make five times more than Indian worker B, but if A produces ten times as much as B, then her job is safe.
Keynes is dead and we are living in his long run.