Perpetual, I spent 100K to go to school and cannot earn income.

Quote from Covertibility:

Didn't financial field have double digit unemployment numbers while fields like engineering and science related saw something like 2-3%? I remember looking through the BLS data a year ago when as usual this site blankets everyone in college as being doomed.

The labor market is not that bad; it just depends what field your in and whether your a piker or not.

+1 survival of the fittest.

The smart ones who are jobless change and adapt to find employment, while others sit around and complain about there not being any jobs.
 
Quote from KINGOFSHORTS:

A hispanic son would never ever let his mom end up homeless, Americans are a strange lot.

we are not a strange lot, we are capitalist

Two different things

Same goes 2nd and 3rd generation of hispanics as well.
 
Quote from misterno:

we are not a strange lot, we are capitalist

Two different things

Same goes 2nd and 3rd generation of hispanics as well.

Hispanics live in Europe. Latinos live in the Americas.
 
Quote from stock777:

Exactly. I take it a step further. People making unwieldy sums of money who spend recklessly are as big a threat the stability as the imbeciles that borrow to spend recklessly.

If you don't respect money you are sure to misuse it.

If I make "unwieldy sums of money" is it your business how I spend it?
 
Quote from zdreg:

If I make "unwieldy sums of money" is it your business how I spend it?

It's the government's business. They must take all or most of it and redistribute it to ensure that it is spent wisely.
 
Quote from Retief:

It's the government's business. They must take all or most of it and redistribute it to ensure that it is spent wisely.


you should have added a smiley to your post but it is doubtful that was what stock777 was saying.
 
Quote from misterno:

we are not a strange lot, we are capitalist

Two different things

Same goes 2nd and 3rd generation of hispanics as well.

japanese, koreans and chinese are very capitalist as well but they take care of their parents.
 
What's Wrong With the American University System

Look, it's not easy. In the book, we did a little exercise on which students Harvard Law School takes. What we discovered was that they play it safe. If you've gone to Brown or Dartmouth or Princeton, you can walk into Harvard Law School. Almost half their incoming students are from what we call the Golden Dozen colleges. The other half are taken from all over the place: Transylvania in Kentucky, Linfield in Oregon. Harvard likes to let in people who are already, shall we say, "one of us." But it also gives people a second chance. An applicant may have started at Missouri Western State, but they want some people from Missouri Western State.

http://www.theatlantic.com/culture/...ng-with-the-american-university-system/60458/
 
wall street is killing main street.

i say increase taxes on all risky investment like stocks, futures etc upto 40 %.

higher the risk higher should be the taxes..

buying first home should get tax break but buying second home should be taxed by 30 to 40 % and so on..

give tax breaks to small business owner and small companies.
 
Quote from intradaybill:Selection bias. The problem is that she has average abilities and in that case companies prefer younger, out_of_college candidates.

In USA a 49 year-old is considered a burnout. Let us be honest about it, this is the culture. Most employers believe it is more likely to have problems from people in that age rather than benefits.

The same more or less holds in Europe. I do not know what the case is in Asia and I would be interested to know. The fact is there is a certain degree of age racism in Western countries, often justifiable on the grounds I mentioned above. It is a problem though.
I would mostly disagree with what you said. Think about it. At 49 she has what, 10-15 years of working left, at least? A person who is 49 and looking for a job is looking for something stable where they can work awhile. They aren’t going to work somewhere to gain skills and then leave for another company the first chance they get. Think about it, you are a hiring manager and somebody comes to you and says they want a job however at most they will only work for the company for 10-15 years. Think about it, what employer would say no to that? Older people are more reliable, more stable, and bring more of a “presence” if you will, to a workplace.

I think there are some exceptions to this though, mostly dependant on the job. Like for instance, I started selling cars a year ago. I was deliverying pizza at the time, so you’d think I wouldn’t be the most prime candidate. I think pretty much the only reason I got hired was because I told them I play golf and my living expenses are fairly low so I can go a few months without making much money. Basically, I told them I would stick it out for as long as I could to see if I could make it. One year later, I am no Alec Baldwin, but I’m still there and doing fairly well. A few older people have been hired after me that were new to the car business and none of them have lasted. They all needed to start making money quickly, and they couldn’t. That’s not the way it works. You have to first put the effort in. I’m pretty sure I was willing to do most things that others weren’t, basically being everybody’s bitch so I could learn the business. I also have an older salesman who I confide in that has helped me a lot.

So basically I’m saying that I don’t think employers stay away from older people if they think they will last. 22 year old’s with a degree are a dime a dozen. Older people have life experience, which can only be learned. Maybe I have no idea what I’m talking about. Whatever. I’m 26, btw.
 
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