Has Netflix' "New British Invasion" of Programming Caused American Writers to be Unemployed?

This is not the first time the American film and television industries have faced stiff competition from foreign filmmakers, but this time many programs of the "New Foreign Invasion" are showing remarkable staying power. Is this like the follow up to the 1998 strike, when European formats like Millionaire, Big Brother, and American Idol [Pop Idol] changed the network television landscape?