Posted on 08/14/2011 7:27:08 AM PDT by ken21
"Our generation is going to take the brunt of the force of the debt crisis," said Glass, a government major at St. Lawrence University in New York. "It's going to mean fewer jobs, higher interest rates, more debt.
(Excerpt) Read more at latimes.com ...
Some of us didn’t, and are disgusted that boomers couldn’t even get over the 50 percent line.
Well, you all listened to those commie professors and voted to elect the end of your dreams and a world of debt and pain.
For those youngsters that were smart enough to reject Obama, my hat is off to you.
Thank you! Finally. Someone else gets this.
This is a huge problem and is going to be a huge problem in 2012.
Not if they get off their dead asses. They’ve got the whole world and their whole life in front of them and they’re scared. There’s lots of people in this world who want you to fail so their kids can have the best jobs. Seize the day! Seize your future! Seize your life! Leave the whining to Nancy Pelosi and her sister Barney Frank.
Lesson 1--Call everyone a hypocrite, whether the charge is spurious or not. Then shriek obscenities while mugging like a demented drag queen.
Until we understand why our young people find this punk to be "cool"--we're not going to understand anything.
You might to educate them about Obamacare and how it takes $500 billion from Medicare over ten years and uses it to supply medical care for others, and about the unavoidable rationing of Obamacare, and how "death panels" will result in seniors receiving even less care.
I guess they won’t listen to old geezers, but you don’t rein in your dreams, rather you change how you go about pursuing them. Events are dynamic, the future unknown (except that it will look a lot like the past).
Los Angeles Times article should read: Californians rein in their dreams. Here in Texas, we still have hope!
They're not buying it. "Partisan politics" they claim and they think the term "death panel" is the most ridiculous example of fear-mongering they've ever heard of.
All they know is that their medical coverage is paid for now and they're going to trust the Democrats to keep it that way.
"...Alicia Thomas, 20, had it all planned out: career at a nonprofit, married by 24, mortgage by 26..."
Well,gee Alisha. For someone who's going to college, you don't sound very smart. Every single commencement address that I have heard given by Barack Obama or one of his comrades exhorts all of you brains full of mush types to forgo capitalist endeavors and get involved with nonprofit types. If you and all your dimwit friends steer your energies into nonprofit organizations, who you think is going to provide the jobs? Oh, that's right… I know that To all of you, jobs only come from one of two places: trees, or the government.
"...I don't want to invest in something I can't afford, given the economy breaking down," said Thomas, who is majoring in political science at UC San Diego. "I'll be taking smaller steps...."
I don't know Alicia. There's a reason the economy is breaking down, and most likely doesn't have anything to do with engineering or math majors, but I'm going to take a wild stab here and guess that perhaps political science majors might have their fingers in it somewhere. Besides, next to lawyers, political science majors have fallen pretty low on the respect totem pole, not to mention the job opportunity market.
"...Career plans are being altered, marriages put off and dreams shelved..."
When I graduated from high school, I decided 2 things: 1st, that my parents couldn't afford to send me to college. Secondly, I wasn't cut out for college, or ready for college at that point. (If I'd told my parents that I wanted to go to medical school at Harvard, they would've mortgaged everything they owned to send me there, but I wasn't going to take advantage of in that way) so I went into the military. In the military, I readied myself to go to college, and took courses in the things I was weakest in (such as math) and when I got out, I was darn well ready to go to college. I accepted money from the G.I. Bill, I lived at home, put off marriage, and went to a state college. I chose chemistry as a degree, but there were no jobs there at that point. So I found something that I was really interested in (nuclear medicine) and finished my degree in that. They told me that everyone who graduated from that program got a job. When I graduated, there were no jobs. So, I found part-time work in my field, and took some call duty at a small community hospital. I worked as hard as I could, and tried to be the best employee that I could, so that when a full-time job became available, I could go for and be as ready as could be. When that opportunity came some months later, I explained the situation to my current boss, who is dependent on my part-time work to fill his staff. But because I had laid the groundwork, worked as hard as I could, and gave them plenty of notice of my intentions, they let me go with no hard feelings and a good recommendation. THAT is how you manage a unsteady job market. If I could not have taken part-time work in my field, I would've taken part time work outside my field, and worked at that as it were my life's vocation. Even if that meant cleaning toilets, I would've done that. (Granted, the U.S. Navy did prepare me to handle that type of work pretty well, but your mind has to be open to it. Even today, if I lose my job, I will take any job, as long as I can get some pay for it.)
"... Our generation is going to take the brunt of the force of the debt crisis," said Glass, a government major at St. Lawrence University in New York. "It's going to mean fewer jobs, higher interest rates, more debt. "We'll have to sacrifice," he said. "This is a raw deal for our generation...."
Another government major. Now, I don't want to get too down on government majors, because I suppose we need some of them, just like we do need some lawyers. But I don't think we need a plethora of them. As for taking the brunt of the debt crisis, I think that you are being selfish and shortsighted in that estimation. Don't you think that a family of 5, well invested with an outstanding mortgage, car payments, and other types of financial obligations is going to take much more forceful hit from an economic downturn? Don't you think is going to be much more stressful, and difficult for them to figure out how to deal with these types of things, then someone who might supposedly be intelligent enough (such as a government major) who could see that perhaps things are unsettled, don't buy a new house right now, don't buy an expensive car, defer marriage and children for just a couple of more years until the situation is either better understood, stabilizing, or improving? Who would you rather be? To be honest, wouldn't you rather be a newly graduated college student, even one who might have outstanding student loans that perhaps they couldn't afford, but took them because what you need to do now is always more important than what you need to do later? Don't you think that all those changes in government that make these outrageous student loans more available to students with less responsibility and risk might have had something to do, at least in a small part, with the economic problems we are in?
"...The economy has been in sorry shape for so long that it has covered a significant portion of young people's lives. The recession officially ran from December 2007 to June 2009, but with slow growth and high joblessness since then, it doesn't feel much like it ended..."
I have a newsflash here for all young brains full of mush who might be listening more to the propaganda of the dear leader's pronouncements rather than looking around them: the recession did not end. Repeat, it did not end.
"...Anthony Wong, a business major at Palm Beach State College in Florida, said his peers are debating whether to finish school. They complain that an expensive degree saddled with loans no longer guarantees a good salary or even employment. "I think it'll be harder for us to buy homes or apartments or cars — those big life purchases — down the line," said Wong, 26..."
Hey, Anthony: who gave you those guarantees? Just curious, did anyone ever sit you down and hand you an embellished sheet of paper with a guarantee from some entity that you would have a good salary?
"...The job situation could haunt young people for years, said Andrew Sum, director of the Center for Labor Market Studies at Northeastern University in Boston. More than half of earnings growth over a lifetime happens in the first decade of a career, meaning that early unemployment can depress future wages for life, he said..."
More than half of earnings growth over lifetime happens in the 1st decade of a career? Okay, perhaps that might be true… but it is clear to me this guy could benefit from reading Thomas Sowell's book: “Basic Economics: A Citizen's Guide to the Economy”. I would suggest that for this statement to be true, one has to define the “1st decade of the career”.
"...I've changed my major so many times, not knowing which will help guarantee a stable income, health insurance and the ability to put my kids through college," she said..."It's made me realize that I could have my degree and be networking, but it would still be a challenge to find a well-paying job..."
Hey, Alicia: I can only imagine the quality of what you're learning if you're changing your major so many times on the basis of how much money you project to make. What do you suppose a prospective employer looking over your college record might think? Aren't you a nonprofit types supposed to be making that a back burner issue?
"...Vikram Abraham, 19, thinks many students are overly concerned about economic conditions. He's majoring in economics and accounting at UC Santa Barbara, interning at an investment bank and professes not to be worried about churning markets. "It only strengthens my resolve," Abraham said. "Most of my friends see the market as being terribly volatile, but now might be a valuable buying opportunity." Abraham is in the markets, investing for himself with confidence. He's even making what some could consider risky bets. "As young people," he said, "we have our entire lifetimes to bounce back..."
Just wow. Only the kid named Vikram really gets it here. One single non-brain full of mush out of the group. I'll hire this kid.
“all minotires are working”
Heh, heh, you may have coined a new term! As in, “some minotires say that all whites are racist”, or, “Obama can count on ninety six percent of the minotire vote”.
It just sounds kind of close to the Minotaur of Greek legend. Look him up, he was a way bad dude.
Anyway, the University of South Carolina here in Columbia is experiencing its largest influx ever of new students. I stopped by the local package store and the place was a madhouse. I remarked on this to the cashier and she said, “Yeah, and they’ve been paying with nothing but Hundreds all day, I don’t know what’s next.”
I replied, “Oh I know what’s next! Four years from now they’ll all be moving back in with Mom and Dad.”
She laughed.
;^)
“career at nonprofit” i got a laugh at.
she must be a real parasite. works on taxpayer money, relies on money from her father and husband.
Good responses. The common theme here is that there are no guarantees, ever, and if you think you are going to have the house, family, fancy cars, cable tv, multiple cell phones and vacations in France by age 26 like poor little Alicia, then you have another thing coming.
Every time I think of how great and comfortable my life is, I think of Poland in 1939. When you look at some of the film shot of that era, you see people dressed in suits walking down icy, snow-covered roads. They might have holes in their shoes, if they have any shoes. These were poor people. Many of those people were prosperous, and had possessions and money. They took it all for granted, in the same way that we all take it for granted. It’s human nature. But I’ll bet that as those people walked down that road, thinking of the house, china cabinet and personal belongings that they left behind, they understood that there are no guarantees. You’re not guaranteed a job… you’re not guaranteed good pay… and most of all… you are even guaranteed your life. It can end today in your car driving to the grocery store, by a bullet from a thug, or even a bullet from your own government.
There are no guarantees. But if you piss away those things you have by voting for people like Barack Obama and his like, there is one guarantee I think you can safely take from it: walking down that snowy icy road with no belongings.
I admit that I do try to be a little more open about nonprofit organizations, and I must, because I work at one.
The nonprofit organization that I work at is a hospital, and we provide a valuable service to the community and provide jobs. So I see where nonprofit organizations can work, and the context in which they are useful.
But what I can’t see is taking all these young people, telling them that capitalism is evil, unjust, unequal, and contrary to American principles, and that they should put all their energies into not-for-profit organizations.
Nonprofits have their place… but everything cannot be nonprofit. And that is what Obama and his ilk want. The young brains full of mush can’t see past that.
“... might want to think of voters like my parents”.
I agree! I know several couples/people in their late 60’s up to their late 70’s. They are voting for Obama again for the same reasons as your folks. They also plan on donating money to his campaign. It is an “all about my needs” vs “the needs of the country”. They don’t give a hoot about unemployment (they are retired), gas prices (they don’t go too many places), food prices (it is just the two of them and they don’t need to feed growing kids) etc... My thought is the O administration will really start pushing the “fear factor” by false statements when it gets closer to the election. Just a thought.
Great post. Your chart needs to be repeated. Education is the best answer to have a job that can’t be exported. The less education required the more likely the job will be on the exit ramp.
Is your hospital a nonprofit, or a not-for-profit? There are differences. There is more dignity in the latter.
That's what's going down. Then ask them how they'll like Medicaid...because they probably know people who have to deal with it. See what happens, get back to me...
My thinking is that probably rimorel works for a not-for-profit rather than a non profit. Many hospitals are not-for-profit which allows them access to some public help. A nonprofit is like Sierra Club, Moveon.org, Media Matters, Center for American Progress...
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