If it seems exaggerated, that's because it is. Outside of NYC and SF, there's basically nowhere in the US where businesses wouldn't hire a competent programmer on the spot.
The reality is also that a 40+, non-degreed programmer will have their resume thrown away by the first line HR people in 95%+ of cases. Not qualified for senior jobs due to lack of a degree; not qualified for entry-level jobs due to lack of a degree and age.
If you want to be educated on this, feel free to make up a fake resume of a 40+, no-degree programmer and shop it around. Make a list of any responses you get. You can keep that list on an index card.
Well, GoogBookSoft comes to Canada every year and wastes many millions sponsoring J1s, TNs, H1Bs, and relocation while paying the same salaries as they do to Americans.
Why would they do that if there was no shortage of qualified American programmers in the bay?
If there is a shortage and companies go abroad to fill positions, they're technically 'holding down wages'. Otherwise wages would skyrocket into the atmosphere as more and more money chases the same few engineers. Less value would be produced at a higher cost.
I don't see why that would be a preferable situation for the industry or the country at large. Are you really struggling on your measly $100k + stock (at minimum) and desperately need more?
