Look, either way you slice it, off-shoring ANY job is bad for the U.S. economy in the long run. Sure, the people at the top get more because labor is cheaper. But what good does it do you when everyone else is out of a job and nobody is buying your products because they can't afford them?
Quite frankly, U.S. companies should not be allowed to off-shore work. Our government needs to do something useful and pass laws to keep them from doing it.