>I am more than happy to be a software engineer and earn 3x over what I would earn for a much more stressful job as an EE. A software bug in production or a bad deployment - do an RCA and you are fine. Ship a PCB to mass production with a weird design fault you somehow missed through all the Greek versions.. and you have a nice bill to explain to the management.
This exact thing happened to me at my first job out of college. I had a small error in my prototype PCB design for my first PCB design ever, and management used it to justify giving me a bad review and no raise. I ended up leaving the job after less than a year, and not long after I was doing software. I never looked back.
As far as I'm concerned, American companies simply should not do hardware. American management cares too much about short-term results and has no long-term vision, so they should concentrate of work that supports that way of thinking, like software. Leave the hardware to companies and cultures that can think long-term, like the Asian nations.