In 2004, The New York Times reported that India might be losing its outsourcing edge due to rising wages; noting "if India continued to produce college graduates at the current rate, demand would exceed supply by 20% in the main outsourcing markets by 2008." Explain what the article meant to say was happening in the market for Indian workers in outsourcing jobs. In particular, is demand for Indian workers increasing or decreasing? Is the supply of Indian workers increasing or decreasing? Which is shifting faster? How do you know?