That's when you say nothing more, cut your losses and get up and walk out. Besides, if you can do lead dev work, there's all kinds of freelance work that can be done. Or, at least, positions you can take with much more freedoms.
I find it increasingly odd that some of you guys are rather smart, but still think you need to work for someone else. I have a feeling what's really going on is you're living in an overpriced area and you won't just move.
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