How do you deal with your job being outsourced to India or Bangladesh?

[steven21]

How to deal with your job being outsourced to India and Bangladesh? This is probably the question more and more people -- both employed full time and freelancers -- are asking themselves. When you search online, you will find various step by step directions on dealing with your self-esteem problems and depression problems. You have to understand that Indians and Bangladeshis who have master's and doctorate degrees charge significantly lower rates for their services. Also, IT and BPO companies from the US and other first world countries outsource jobs to India because of the low cost of labor. Are these companies making a huge mistake?