Bern,
I agree, there won't be a shortage of pilots anytime soon, IN THE US. However with continually growing industry in places like India, Asia (Particualrly China and Japan), and the Middle East, there will be plenty of need for pilots that are willing to live/work/travel overseas. I remember seeing an article about 2 months ago that estimated that China alone will triple the size of its commercial aircraft fleet in the next 10 years.