I worry that the first chance they'll get we'll go back to demanding outrageous salaries and we'll have a boom-bust cycle as opposed to steady growth.
Your absolutly right as soon as the market permits, you people are going to pay serious money for developers that currently strain themselfs for your pocket change. And hopfully, it will be you that must sell yourself......
Hi Mark ! My two cents. There are many candidates in the US market who have fake resumes, i.e. with several years of fictitious resumes. If you see a poorly crafted resume, then its possible that it might be from fraud candidates.
Most of such candidates are contractors or "consultants" of shady staffing companies. Better watch out ! Ensure that you have in-office interviews and not just phone or Skype. The modus operandi of these candidates is to get experienced
professionals to take their interviews for them or help them out in video interviews. If selected, then they take help from experienced associates or they post parts of their work on freelancing sites.
Here are some links to give you an idea of a rampant malpractice in the US IT industry.