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I think that's 100% correct. I have 25 years' experience and am employed making less today (in a startup) than I did then (also in a startup) in constant dollars.

Is 25 years' experience worthless these days? (I didn't sit on my technical butt, and I'd give any kid today tough competition.)

I'm tired of hearing about the shortage of kids going into STEM careers -- this just proves that the kids aren't stupid.

If there were really a shortage of engineers, their salaries would increase; since salaries are not increasing....



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