Like all this hasn't happened before.
In the late 60's/70's, it was aerospace workers who were whining and having to find new careers.
There was a huge uptick in IT several years ago. Driven mainly by panic over Y2K and conversions to new Windows systems.
Now the expansion is over, and surprise, surprise, surprise, fewer people are needed in IT. I'm sure the first hit was on the "head hunters", but at least they're salesmen and they can go sell cars now.
If Kerry gets elected, one of the main reasons will be because he promises "10 million new IT jobs" and to fight outsourcing. To that extent, threads like this one look to me to be Kerry advertisements.
Like all this hasn't happened before
This is precisely the sort of blind complacency and wishful thinking you always see in the ruling elites of rotting empires who refuse to face that the good old days are gone.