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Is the tech job market really that bad?

As far as I'm concerned, the market is fantastic and it's only getting better. The problem is with this comment:

and the skilled workers who are paying the price
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The skilled workers aren't getting outsourced. If you can't compete with cheaper talent you're going to be at risk of losing your job. I find this to be no different than any other industry. I personally know of at least 100 or so developers, all gainfully employed, and all making six figures with absolutely no risk of being outsourced.
 
That was before they got greedy and started to command more money for the same work. Now look at them...sitting outside the 7-11 eating donuts.

 
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