Nope. He's making beer commercials for Coors Light.

Whether he knows it or not.

I was smart enough to use an interactive CRT session to debug everything first

I had a punch card assignment as well (circa 1979 because "in the real world, everybody uses punch cards") but my preferred machine was a TTY. Part of it was because none of the engineering students knew the thing existed. It was in the basement of the dorm and it was mostly a commuter school. But it also meant I could get printouts any time I wanted. The tubes only had line editors anyway, so the teletype machine wasn't a big step backward anyway.

Welcome to to Leon Festinger's Cognitive Dissonance theory. In a nutshell, people try to justify their own decisions. If you paid for something you perceive it as having more value than if you got it for free. Otherwise, why would you have paid for it? Likewise, if you do something dull and boring for free you are more deeply invested in it than if you got paid.

Sneaker companies found this out long ago. The hideously expensive sneakers are no better than the cheap ones, but they are perceived as better because you paid more for them.

Yes, but where? We've done a huge amount of hiring in India, Argentina, and Brazil, and have been laying off US employees left and right.

From TFA:

Loughridge said IBM planned "some acceleration" in what he called "work force rebalancing" in 2009. By rebalancing, Loughridge referred to IBM's practice of reassigning workers or hiring workers in other locations, such as overseas, while displacing current employees.

While companies are supposed to look for onshore talent before hiring overseas, many companies -- including IBM -- find it easier to skip that step and go straight to petitioning Congress for more H1B visas. It's not that the workers brought in from overseas have talents that cannot be found in the US, it's just cheaper to ship the talent in from overseas, with predictable results: record profits for IBM, resulting in big bonuses for the execs, more layoffs of the U.S. rank-and-file, followed by more petitions to Congress for still more H1B visas.