@bigbottom
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Here's a Ted Talk on a case study in Shanghai.....similar findings have been here in the US as well...various studies out there on it. More point to a net benefit than a net hindrance.
Yeah, that's a Ted Talk on the study I linked a couple of pages back.
I think part of the "what makes you think they won't move these jobs overseas" answer is, at least in the areas that I'm seeing, it hasn't happened. Or in instances where it was attempted, it failed. But we might be talking about totally different kinds of jobs. I'm talking about skilled jobs.
And I realize there are many, many different reasons that a company might or might not move jobs overseas. "Cutting costs" isn't the be-all and end-all. Employee morale, teamwork, camaraderie, time zones, public perception, government incentives/penalties, etc. etc. all come into play. But you all know this.