I agree with your two points. In my opinion, working labor is moved abroad for a couple reasons.

First, as we live in a more global economy, labor abroad (where it’s cheaper) is more accessible. Thus, many large companies have their back office/production sites abroad to save money. In a way, on the production side, this is taking advantage of an inefficiency in a broader, global economy, thus redistributing labor more efficiency on a global level.

The second reason is due to lack of job opportunities in a given field. For example, recent MBA graduates have certain expectations on salary levels in a specific field of interest. If they can’t attain it here, they might look abroad for such opportunities instead of deciding to “redistribute” themselves elsewhere in the US economy.

As for the bailouts, I agree that rewarding them with bailout money is not the best practice, as it “spoils” companies for future bailouts. In this case, as I mentioned in my post, the avalanche in the financial sector was too great. Without stopping the avalanche some how, the whole economy could have failed. Bailouts certainly did cushion the recession but raises question as to who gets bailed out and who pays for their own mistakes (Lehman).