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It's totally okay for companies to hire in the countries in which they do business. In fact, it's correct.

However, what's happening in some firms is that the existing staff are told to train their replacements. Then the existing staff are fired.

That's wrong. It's immoral. Supposed I did that do you - you train the next worker, and then I fire you because this new person's paid less.

Suppose this worker comes from another country, gets trained, then returns home to work in an entire department that's been moved overseas.

That's the story of American business. Sending the jobs overseas. Rather than compete with imports, just import the entire operation, while keeping the finances in the US.

Do it enough, and banker salaries rise, people get too self-confident about their fiscal prowess.... and then you end up in the craphole we're in today.

Way to go, globalization!