Fight or Flight in the Developed World

For all the fears that outsourcing will steal jobs, as previously noted, the easy counterpoint to make is the rock bottom low unemployment rates in the US (and Canada, though the same can't be said for most of Europe). That said, this only proves there are a lot of companies who "get it" and understand how to compete against their global competitors. Quoted in the Economist's Free Exchange Blog:

... if we're going to cost more here, then we'd damn well better have a reason for it. Deliver something that can't be had so easily in Hyderabad [insert any country, city or even company here], is my advice.

Too true.