Offshoring Silicon Valley / American computer software engineers go the way of factory workers.
Source: Steven Greenhouse, American Prospect (subscription req.), May 27, 2008
....... The rise of high-tech, some experts predicted, was to be the salvation for America's economic ills and beleaguered workers. And in the late 1990s, the high-tech boom did in fact do wonders for the economy, helping to reduce the jobless rate to its lowest level in decades to lift real wages at their fastest clip in recent memory. But the high-tech bubble burst in 2000, and now it seems that if high-tech is going to be a salvation for anyone, it will be for workers in Bangalore and Beijing.