Of course. The point was that outsourcing was 'supposed to be cheap'. The reality is that for many situations it is not cheap, and is less expensive in the long run to pay a dev 100k or whatever the local market rate is instead.
The outsourced guy would eventually figure out that he is been paid way less for more or less same work. so they would move to better paying job. You would need to find a amount which is cheaper then US but way more then local market.
