In reading BWOL today, it appears that India is suffering a wage crisis.

Yes, that's right. India and wage crisis in the same sentence.

Apparently, Indian developers have (gasp!) started demanding higher salaries, better benefits, and more robust packages.

This, in turn, is forcing the big consultantcies to raise their rates - being billed primarily to U.S. companies.

How, I wonder, will big business react to this? Will they pay the increased costs and pass them onto the lowly consumer? Will they start shopping for other, cheaper countries to outsource their labor to?

What do I think?

I think this: Indians in certain jobs now make more than their ten years ago laid off predecessors.

Any country that receives a contract for American outsourced labor will eventually want the same thing.

It's easier to control wage inflation if you keep the jobs at home; now many U.S. companies will be over the proverbial barrel, and I'm going to enjoy it a great deal.