Reply #20: Culture and nationality

[notesdev]

will play big factors. The US is on its way to becoming very immigrant-unfriendly, very fast.

And as we saw with the various outsourcing schemes, being an American and understanding US culture intuitively is an important factor in doing business here.

While global wage arbitrage will be a factor, it won't bring skilled labor costs down as much as the mass exodus of boomers will push it up. Companies are already scrambling to hold onto whoever they can for however long they are willing to work.