Respectfully, at lot of what you say here runs contrary to my experience. US engineers are insanely well compensated, even relative to other developed countries. I'm a dual Australian/American citizen. I earned literally 3 times what I would have made in a big Australian city at my New York tech job.

I've always found it pretty easy to find a new job when I've needed one, even now there are an insane number of openings all over the US. The job market here is an order of magnitude larger then it was in Australia.

I don't doubt there is a deflationary effect on demand/wages due to h1b visas, but I don't connect at all with the catastrophic rhetoric I see in these threads. The United States still has some of the best opportunities in the world for people with tech skills