Comment by is_it_worth_it_

Less VC money means less demand for engineers. Less demand for engineers means dropping wages. Higher levels of outsourcing and H1Bs also means dropping wages. American engineers though "scarce" will see a significant drop in wages, salaries in this field are going to collapse. They were being propped up by the government printing money, thus pushing up tech companies stock and pushing up VC money. With all that money no longer circulating, we will see wages go down.