This, you nailed it and honestly what else matters. 100% of "offshore labor" and "india labor" and whatever is about exploiting people for personal gain. It's short-sighted selfish greedy Americans mostly, and they honestly believe that brown people living in other countries exist to be their slave labor. These same people are the ones who are constantly trying to abuse the "intern" program.
If you hire someone in India for $20/hr to do a job you damn well know is worth $100/hr then you're a ....ing ....ole. Every time I see job postings looking to exploit third world labor markets, I hope those underpaid developers burn the employer's entire operation to the ground.
It's not enough to bear witness to evil. We should be taking action to stop it.