Read the whole thing and my opinion is now slightly more favourable yet I maintain my point of "see more, hear more". I get the author's standpoint yet it irks me that he seems to think the majority of web developers out there are overpaid for doing less than meaningful work. What about those who cursed the job day in day out but stuck with it for the paycheck while looking out? Do they question the same things? Yes, but getting paid this month is more important and no, other parts of the world don't usually get severance packages.
The article is someone's opinion and I'm merely expressing my own as well. Everything is debatable because the industry is so much different from one city to another, let alone countries. Unless this is entirely dedicated to one part of the States, otherwise it is good but flawed argument.