Actually, the exporting of jobs outside the US (especially by the large US companies) is, IMO, becoming a serious problem.
I work for IBM, and I can tell you that as more and more Americans are being laid off from IBM (about 35,000+ during this recession so far), more and more jobs are shifting to India.
And some of you guys with computer science backgrounds? This means YOUR jobs.
The jobs IBM has exported in recent years are not blue-collar factory jobs - those are already long gone. Now, the trend is to lay off American professionals (computer science, engineering, accounting, and other professional positions as well as things like helpdesk) and replace them with Indian workers who will work for a third of the wages.
If other large companies are doing the same (and you can bet they are), we are in for a serious problem in this country. Either the young kids coming out of school will not be able to get jobs (or end up going to work for peanuts, just to find employment that doesn't involve wearing a polyester uniform) or they will lay off workers in their 50's...thus creating a strain on the system from people being forced to retire before they are prepared to do so.
Either way, it's not a good prospect.
So....just keep on cheering for the Chinese, the Indians and others who are willing to work for nothing. Because in short order, they will be doing YOUR job, while you are standing on a very LONG unemployment queue.