alt Hacker News> ...employers are wise enough to hire people who are 30-40 years minimum from retirement.
Um oh yeah, the reason we're hiring 20-year-olds is because we want to ensure we have lifelong support for the new system we're writing. Not because they're cheaper, they're still idealistic and naive, they'll work long hours for foosball tables and stacks, or anything like that...
In a place where you can imagine having COBOL, working long hours is frown upon and being idealistic beyond personal integrity isn't a good quality either. Not saying such places aren't cheap, as of course they are. Being cheap is their exact point.