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when that $60k programming job was shipped to India
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There are plenty of jobs for good, $60k programmers. The problem is that even crappy programmers were getting paid $100k during the bubble years. When you try to hire good people and the only candidates you get a) are not very bright and b) have a vastly overdeveloped ego from the silly title and salary they were given back in 2000, who can blame you for looking elsewhere?
Kind of like the auto industry. Or any other industry.