There was also a trend of outsourcing in tech after the DotCom bust, but that was reversed (and arguably not as much of a problem as it first seemed to be).

I think that was a pretty small trend. The trend I'm hearing today is 300k jobs are being offshore annually and that around 75% of those are in the tech sector. Assuming a company could only hire half as many people here due to peice differences, that would be about 9k more jobs per month.

It was just ahead of its time. No longer the case with our present tools and techniques.