What's wrong with offshoring R&D to US?

David Watkins writes here
IBM's announcement to grow the high-level technology skills of its U.S. employees, versus further advancing the workforce housed in distant countries, was a valiant step for the economy, but it was also a very strategic step for the company itself. Yet, it seems to me that IBM appears to be in a small minority. Most surveys and reports indicate that the majority of software companies, both large and small, are planning to send some amount of R&D offshore, if they are not doing so already.

Back to the big picture, offshoring R&D has a direct impact on both local and national economies by taking jobs away from a plethora of native IT talent. Additional harm to the broad U.S. workforce also impacts businesses, and therefore the number of companies that have the money to purchase enterprise software. I encourage any vendor hoping to stay the course to scrutinize the "why2offshore" hype, as it brings both industry and macroeconomic ramifications that we may live to regret. Let's hope that reports of a decline in R&D emphasis aren't true, and that we aren't shipping out the future of U.S. technology strength.