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recessiontime
Joined: 21 Jun 2010
Location: Got avatar privileges nyahahaha
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 Posted: Thu Sep 08, 2011 1:01 pm Post subject: |
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| silkhighway wrote: |
| recessiontime wrote: |
| silkhighway wrote: |
| recessiontime wrote: |
| There is no going back now unless this student loan/education bubble bursts and I think it is going to. |
You're looking at a symptom (underemployed university grads) and are mistaking it for the problem. You could just as easily look at the far worse unemployment problem of non-university grads and assume the solution is more education, but that's not true either. In reality, educated people make jobs. The fact that there's so many underemployed grads is a symptom of a very badly managed economy, nothing more. |
Not true, educated people don't make jobs. I don't have to point to all the drop outs that have become wealthy CEOs to make my point here. Jobs are made by people who take risks and are successful at providing value that others demand. Jobs are created by supply and demand.
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Your anecdotes of highly successful talented and driven people do not change the fact that the companies they run wouldn't exist without an educated labour force. Do you need a computer science degree to work program C++ apps, work independently, make smart decisions, meet tight deadlines? No, but without a computer science degree as a standard where would Microsoft begin to recruit 30,000 people? Study after study has proven that education is more relevant than ever in the workforce and the employment numbers back that up. Risk is absolutely important and that's where macro-economic factors weigh in, but so are skillsets, and educated healthy work-forces. |
that's interesting, because the studies I have read (which are relevant to the topic) suggest the opposite. That education matters less now as most new jobs do not require a degree:
http://communitycollegespotlight.org/content/most-new-jobs-require-no-degree_5642/
This article is also very good and gives people a general idea of how bad the situation is: http://au.askmen.com/entertainment/better_look_3800/3818_education-scam.html |
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sirius black
Joined: 04 Jun 2010
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| Posted: Thu Sep 08, 2011 6:28 pm Post subject: |
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| visitorq wrote: |
| Ya-ta Boy wrote: |
| Quote: |
| The fact that there's so many underemployed grads is a symptom of a very badly managed economy, nothing more. |
The true tragedy is that capitalists run the economy and when they screw up (as they do time after time) and wreck millions of peoples lives, no one blames them or holds them accountable. |
The true tragedy is that SOCIALISTS run the economy and when they screw up (as they do time after time) and wreck millions of peoples lives, no one blames th
em or holds them accountable. |
I think both ideologies and parties have done their fair share of screwing up the economy over the years. Dems have done damage, but so have Republicans. Bush came into office with a surplus, we were mired in debt after he finished. We went from the world's biggest creditor to the world's biggest debtor under Reagan. Nixon led the 'stagflation' of the '70s. The great depression came about from Republican administrations all through the 1920s.
Both ideologies have done their share. |
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recessiontime
Joined: 21 Jun 2010
Location: Got avatar privileges nyahahaha
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| Posted: Thu Sep 08, 2011 6:56 pm Post subject: |
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| sirius black wrote: |
| visitorq wrote: |
| Ya-ta Boy wrote: |
| Quote: |
| The fact that there's so many underemployed grads is a symptom of a very badly managed economy, nothing more. |
The true tragedy is that capitalists run the economy and when they screw up (as they do time after time) and wreck millions of peoples lives, no one blames them or holds them accountable. |
The true tragedy is that SOCIALISTS run the economy and when they screw up (as they do time after time) and wreck millions of peoples lives, no one blames th
em or holds them accountable. |
I think both ideologies and parties have done their fair share of screwing up the economy over the years. Dems have done damage, but so have Republicans. Bush came into office with a surplus, we were mired in debt after he finished. We went from the world's biggest creditor to the world's biggest debtor under Reagan. Nixon led the 'stagflation' of the '70s. The great depression came about from Republican administrations all through the 1920s.
Both ideologies have done their share. |
yup, I think most of us will agree that this issue is something that both parties have handled terribly and have made things worse. I don't think anyone other than Ron Paul has even acknowledged this as a problem to begin with. I've heard Obama say that we need more graduates, a more college educated public. Nice guy or not, clearly this guy has no idea what he is talking about when it comes to this issue.
ron paul: http://www.youtube.com/watch?v=tD8rJCbEVMg |
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visitorq
Joined: 11 Jan 2008
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| Posted: Thu Sep 08, 2011 7:22 pm Post subject: |
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| sirius black wrote: |
I think both ideologies and parties have done their fair share of screwing up the economy over the years. Dems have done damage, but so have Republicans. Bush came into office with a surplus, we were mired in debt after he finished. We went from the world's biggest creditor to the world's biggest debtor under Reagan. Nixon led the 'stagflation' of the '70s. The great depression came about from Republican administrations all through the 1920s.
Both ideologies have done their share. |
I agree that both parties have done their fair share of screwing up the economy - but I don't agree that both ideologies share the blame. I lay that squarely at the feet of socialism. I also consider Nixon, and even Reagan, to have been socialist presidents who grew the size of government and increased spending (on war and corporate welfare) and grew the debt. Reagan made a lot of attractive promises, but he sure didn't live up to them. |
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sirius black
Joined: 04 Jun 2010
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| Posted: Thu Sep 08, 2011 11:28 pm Post subject: |
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Reagan is deified by conservatives. Nixon, a stalwart consevative passed some of the most liberal legislation at the time and diplomatically recognized communist China which was unheard of at the time.
Socialism is a big term. I'm not sure in what context you mean by socialism. Not sure if many political scientists would agree with you. Maybe socialism is a buzzword for liberalism for you? I don't know. |
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Privateer
Joined: 31 Aug 2005
Location: Easy Street.
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| Posted: Mon Sep 12, 2011 8:24 pm Post subject: |
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| visitorq wrote: |
| Ya-ta Boy wrote: |
| Quote: |
| The fact that there's so many underemployed grads is a symptom of a very badly managed economy, nothing more. |
The true tragedy is that capitalists run the economy and when they screw up (as they do time after time) and wreck millions of peoples lives, no one blames them or holds them accountable. |
The true tragedy is that SOCIALISTS run the economy and when they screw up (as they do time after time) and wreck millions of peoples lives, no one blames them or holds them accountable. |
You're both right: it's socialism...but only for the capitalists.  |
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