the point is we have a system for dealing with supply and demand in the USA, its called PAY. When you have an industry whose pay is going down that means there is no "shortage".
There definitely is a shortage of people who want to work in a demanding field like engineering as a lead for 80K/yr with no benefits, as a "temp", whose entire dealing with others involves "netmeeting" with the offshore team in Bangalore, I'll grant you that. It wasn't like that 14 years ago when I was doing that kind of work, otherwise I would have never gone into it, and I don't advise any american to enter engineering as a profession now.
Again, let me remind you that if we had bounced back from the 2001 recession in technology, with companies like Dell, Intc, msft still cranking out the great products, even if their stocks never reached the prior high I'd be ok with all this.
But thats not what happened, the entire industry got embroiled in a massive race to the bottom in which we never recovered. Companies that play the traditional way like Google (and there are very few of these, now) provide a rare glimpse into what the entire industry used to be like before R&D was pummelled and shipped offshore en masse, thanks to McKenzie and gartner. As a stockholder I would much rather own GOOG than Dell or MSFT right now. GOOG overpays their workers and I don't care. What I don't want goog to do is make noise about offshoring or for Eric Schmidt to take on increasing the H1B visa cap as his NUMBER ONE PRIORITY for GOOGs state of health. He does that and GOOG is done.
btw GOOG is a multinational company, in the same tradition of msft, dell, intel in the 90s. |
