By all accounts you are lucky. So am I, I have not (yet) been directly affected by politicians in my job (one has ruined the country I grew up in and loved (Zimbabwe) but that wouldn't really count here).
But you cannot have missed the numerous posts on this site about how engineering jobs have been offshored, usually with the blessing or active participation of politicians. One example from a book I recently read. China has a fledgling aircraft industry. They wanted avionics. USA makes the world's best avionics, but rather than sell avionics to China, they they sold them the technology to make their own. So what will happen to the US avionics industry?
It's not all doom and gloom, Brian Fuller's Drive for Innovation has got lots of good stories of US engineering successes, and there was a post recently about a company making machines to produce solar panels which they are selling (the machines) to the chinese. But politicians have an appalling record of shafting the US engineering sector.
And yes, Actaeon2, company politics are even worse - unbridled greed reigns supreme.
I'm 62 and still enjoying the work. The large corporation I work for is doing everything it possibly can to discourage and p^ss me off so that I will leave ... without them having to pay me severance. The profession is good but this company really sucks.
"Engineering is the third-most essential profession in the world because it allows all the other professions to focus on their true expertise, while the things we create and improve facilitate their work."
Engineering is the most exciting profession in the world because it gives you the chance to use both halves of your brain -- the analytical as well as the creative and artistic -- which makes it immensely satisfying.
As Confucius said, "Choose a job you love, and you will never have to work a day in your life."
Engineering is the best profession in the world because for people like me who take personality tests to determine what jobs they would be good at are so far skewed into engineering and sciences that we cannot do anything else and enjoy working.
Engineering is the worst profession in the world because the double speak PC crowd likes to use the word to make people feel better about their positions. Garbagemen are garbagemen, not professional sanitation engineers.
"Engineering is the most cost effective profession in the world because at $500 per semister, my dad didn't have to co-sign for any student loans." Of course, that was 45 years ago (I can't remember if I ever paid him back).