Manufacturing news has a great article, Indian Outsourcing Firms Use H-1B To Displace U.S. High-Tech Workforce which overviews a new EPI study proving guest worker Visas are being used as labor arbitrage against U.S. workers.

The U.S. visa programs that allow companies to hire skilled foreign workers is "out of control" and is costing Americans hundreds of thousands of jobs, according to an analysis from the Economic Policy Institute. The H-1B and L-1 visa programs currently account for 1 million guest workers in the United States. Many of these foreign workers are employed at companies that have embraced offshore outsourcing of high-wage, high-tech workers as their primary business model.

While Americans go without jobs, India's offshore outsourcing business is booming. In Technology companies are aggressively hiring as business prospects improve, we can see just how many American companies are creating jobs....in India.

Accenture will add 8,000 in India this year alone. That’s a 20% increase. Honeywell will also add 1,000 jobs....again, not in the United States, but in India.

This is the most absurd and outrageous story. Ohio Governor Ted Strikland is giving $19 million in tax credits to TATA Consultancy Services, the notorious Indian H-1B user and offshore outsourcer.

Ohio Governor Ted Strickland is quick to admit that he doesn’t “particularly enjoy heights.” So why would he climb into a cherry picker to be lifted 40 feet in the air?

Obama "Fast Tracks" Offshore Outsourcing:

The United States has announced a new programme to fast-track high-technology trade with India from which General Electric's India division will be the first Indian company to benefit.

Ever want to just scream I told ya so? After millions of jobs have been lost, it's dawning on companies that offshore outsourcing to India poses extensive risk:

This is precious. NASSCOM, the Indian lobbying organization, is demanding the Indian Government give government aid to BPOs.

On how the government could help the sector, Mittal said, “This government has to look at growth and see how we are going to have sustained advantage for the economy. The IT and BPO sectors have been one that has led to economic activity. We have been one of the largest employers in organised sector.”