Why are we outsourcing so many jobs to the thirld world and abject nation of India??

It's their turn.

50-100 years ago, European jobs were lost to cheaper US and Canadian labour markets.

What went around has now come around.

But in another 20 or so years India and China will have their jobs lost to even cheaper labour markets in Africa.

Such is the way of human civilization

it's cheaper.
cheap labour
Whenever you ask the question why do they, (where they is the business community or government) the answer is always money. India can hire programmers for what the US pays typists.
it's not just India, mexico, china? hello???

cheap labor and we indian are very hardworking and smart...
Corporate greed. Not only is the labor cheaper but if an American companies headquarters is in a foreign country they don't have to pay taxes.
US businesses will outsource labor to India because they can take advantage of lower labor costs. It is assumed that the lower labor costs are in excess of any diminshed productivity/creativity or transaction costs (the cost of having to coordinate with workers so far away). The cost savings are then either passed onto US consumers in the form of lower prices (are you happier or sadder that the cost of a dvd player has dropped from $500 to $100) or if the prices remain the same and the profit to businesses increase (same selling price, lower cost = more profit), then the increase in profitability is theoretically passed on to the shareholders of the business (ie you and me and everyone with a retirement plan that invests in the stock market) and we live more comfortably in retirment because of it.