Because of the wrenching economic, social and political impacts this will have on U.S. society, IBM has not wanted to concede publicly that undermining middle-class opportunities is a corporate goal. This leaked memo, however, confirms that while the top honchos are cutting 13,000 of these high-tech jobs in America and Europe this year, it will add 14,000 in the low-wage tech centers of India.
Experienced software programmers in our country earn maybe $75,000 a year, creating a sound middle-class base for our economy and communities. But the hell with such notions of the Common Good, say the profiteers -- we can replace American programmers with ones from India who'll do the work for $15,000 a year. That's $60,000 per job, per year, that the elites can take out of the middle class and put in their own pockets.
Adding insult to injury, a top IBM executive says that the corporate rush to India is not merely a chase for the cheapest workers, but "It's mostly about skills." He then proceeds to lecture America's high-tech workers: "You are no longer competing just with the guy down the street, but also with people around the world."
And there you have a sparkling clear statement of what corporate America thinks of you and has in store for you. How do they think they'll hold a society together when they knock down all of our wages to $15,000 a year?
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