Honestly speaking that is one big self defeating statement-IT&EE are not dead at the moment in the US-the problem is that there is real heavy competetion throughout the world now-if u shy away from it-you get left behind for good.A real good elementary step would be to improve the quality(make harder) of primary&high school math&sciences(my cousins who live in the US say that it is far easier than what they'd have to do in India)-Indians&Chinese are real fanatical about Math,Science&Engineering from a young age hence they pump out tons of graduates in these disciplines.The problem with a poorer standard of school education is it reflects on the graduate system-but not on the post graduate systems-that's why loads of Indians,Chinese&others come to the US to do post graduation&PHDs
&besides these upswings&downswings are cyclical-the US economy&Job market well be up&running again-for eg-the Indian economy was on the verge of crashing in 1991 ,now it grows at nearly 8.5 %-2nd only to China
-From an Indian in India!!!!!!!!!!
its all yours. I don't want my children struggling to earn $75K competing against $25K foreign workers. what for, people working in real estate and other fields are cleaning up.