Skip to comments.Michelle Obama: "Don't Go Into Corporate America"
Posted on 02/29/2008 7:54:58 AM PST by SE Mom
I have a new story today about Michelle Obama's visit to Zanesville, Ohio, where she met with a group of women at a local day care center. According to the U.S. Census, Muskingum County, where Zanesville is located, had a median household income of $37,192 in 2004, below both the Ohio and national averages. Just 12.2 percent of adults in the county have a bachelor's degree or higher, also well below the state and national averages. About 20 percent don't have a high school degree. Nevertheless, Mrs. Obama urged them to foreswear lucrative professions like corporate law or hedge fund management and go into the helping industry, even if the sacrifice is great:
-As she has many times in the past, Mrs. Obama complains about the lasting burden of student loans dating from her days at Princeton and Harvard Law School. She talks about people who end up taking years and years, until middle age, to pay off their debts. The salaries dont keep up with the cost of paying off the debt, so youre in your 40s, still paying off your debt at a time when you have to save for your kids, she says.
Barack and I were in that position, she continues. The only reason were not in that position is that Barack wrote two best-selling books It was like Jack and his magic beans. But up until a few years ago, we were struggling to figure out how we would save for our kids. A former attorney with the white-shoe Chicago firm of Sidley & Austin, Obama explains that she and her husband made the choice to give up lucrative jobs in favor of community service. We left corporate America, which is a lot of what were asking young people to do, she tells the women. Dont go into corporate America. You know, become teachers. Work for the community. Be social workers. Be a nurse. Those are the careers that we need, and were encouraging our young people to do that. But if you make that choice, as we did, to move out of the money-making industry into the helping industry, then your salaries respond. Faced with that reality, she adds, many of our bright stars are going into corporate law or hedge-fund management.
What she doesnt mention is that the helping industry has treated her pretty well. In 2006, the Chicago Tribune reported that Mrs. Obamas compensation at the University of Chicago Hospital, where she is a vice president for community affairs, jumped from $121,910 in 2004, just before her husband was elected to the Senate, to $316,962 in 2005, just after he took office. And that does not count the money Mrs. Obama receives from serving on corporate boards. She would have been O.K. even without Jacks magic beans.
Mrs. Obama also bemoaned the amount of money she has to spend nearly one-third of the median household income in Zanesville on piano, dance, and other lessons for her two children. But she was grateful for the concern her husband's supporters have shown for her. "Everywhere I go, no matter what, the women in the audience, their first question for me is, 'How on earth are you managing it, how are you keeping it all together?'" she told the women.
02/29 08:19 AM
In my school dist. the average pay is over $90,000. And the benefits are out of this world fantastic, way better than the private sector.
Michelle, meet the loaf.
They are both Marxists, Stalinists or Maoists, who knows for sure, but Marxists to the core.
Become social workers,
just what Obama needs, more social workers handing out our tax dollars to the under achievers. Michelle is priming the engines for her husbands waste of hard earned tax dollars.
Not to mention what she has to spend on the King Kong Hair Straightener she needs to put forth an image befitting the next possible First Lady.
Every one knows she could save bucks using jeri curl
Pretty AUDACIOUS, don't you think? ;o)
and if she doesn’t make it to the white house, she won’t be proud of America anymore.
That's a very succinct way to put it.
I mean, what in the world would one do? Is there a President of community affairs? WTH does he do besides give her raises?
Do they teach this at the community college - or do you have to claw your way to the..the...where the heck would you claw your way to, anyways?
122k w/ a 195K raise after one year, you'd think there'd be an awful lot of qualifiied applicants scratching each other's eyeballs out for that job - I wanna hear from some of the losers - where did they fail? Was it their thesis? Did they not know what a community was? An affair?
ROTFL.....I need to know!
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