EPTTo see this pretend you own a business making some product X. If you hire someone who cant increase your production of product X by a large enough profit margin to cover the cost of not only their salary but the benefits plus risk or unemployment, then you higher them at a lose to your business. Now generalize this to all businesses. If businesses hired at a lose to themselves then they would fail and only the ones who hired for profit would survive. The only jobs that can hire at a lose to themselves are public sector jobs, thats the way it HAS to be because thats the natural equilibrium for hiring. Any sob story that denies this fact only shows someones misunderstanding about how things work.
Occupy Wall Street - Page 21
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methematics
United States392 Posts
To see this pretend you own a business making some product X. If you hire someone who cant increase your production of product X by a large enough profit margin to cover the cost of not only their salary but the benefits plus risk or unemployment, then you higher them at a lose to your business. Now generalize this to all businesses. If businesses hired at a lose to themselves then they would fail and only the ones who hired for profit would survive. The only jobs that can hire at a lose to themselves are public sector jobs, thats the way it HAS to be because thats the natural equilibrium for hiring. Any sob story that denies this fact only shows someones misunderstanding about how things work. | ||
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methematics
United States392 Posts
On October 01 2011 06:28 Roe wrote: wait since when did business/econ get out of the lib arts field? what is it...a science or a math? and since when is psych a lib art..everything you learn is based on biology and chemistry as well as statistics and empirical data. I generalized. Chemistry/Biology will still pay, particularly petroleum engineering. Psychology doesnt have sufficient demand to justify only a bachelors in that degree, if you want to make money with a psych degree you need a doctorate. My sister graduated from UCSD with a psych degree and her best offer was 9$/hour as a social worker. She then entered a nursing program and now makes 60+k/year as a nurse. The 17y/o kid was genuinely asking for advice and i generalized. Include Chemistry and Biology in quantitative science, and exclude psychology/lib arts/English/history. Business and Econ are a joke at the undergrad level as well, they pay better then something like psychology but worse then something like computer science (they are much easier to obtain btw, an econ degree requires high school level thinking, im a double major with econ). Just go to the department of labor and check some stats if you want a more accurate analysis (directed to the 17y/o considering college). An actuary job can be obtianed with an econ degree, but you will basically have to teach yourself up to calc3 + prob/stats + combinatorics in order to pass the P/1 test. | ||
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indigoawareness
Slovakia273 Posts
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ziggurat
Canada847 Posts
On October 01 2011 05:48 Darclite wrote: Well help me then, I'm 17 and trying to figure out what college to go to and what to study. I don't really know what I want to spend the rest of my life working on, and I don't see how I could, life is pretty fucking long when you're focused on one thing. I am looking for a relatively cheap undergrad school, most likely a liberal arts one because I don't know what to specialize in yet. I don't know what to do. And I am not a person of means: I have a job despite attending a school that gives a ton of work, my brother who just graduated is struggling to find a job, and while my mother is working, my father died a couple of years ago, so we're in a bind financially. Explain to me what I am supposed to do. Guess what I'm going to want to devote my life to? (I'm not trying to sound aggressive, I just don't know what to do with my life and am getting sick of the pressure to just KNOW when I'm only 17. I can't tell you want to devote your life to, but I will tell you NOT to go to school unless you have a plan for how to benefit from it. In my generation people all went to school to "find themselves" or to "foigure out what they wanted to do". Don't do this. Go into a program that leads to a real job at the end. Some examples: - Health care (Doctor, Nurse, Paramedic, lab tech, etc -- the population is aging and this is probably the smartest field to work in if you want to be able to find a job) - Lawyer (although the market in the US is terrible right now you will always do OK) - Computer science, engineering, etc - Teacher - Trade school to be an electrician, mechanic, plumber School costs a lot, not just in tuition but in time lost when you could have been working. Think of it as a literal investment. Be realistic and figure out how much you will make when you finish, and compare that to the $$ that you put in, and the $$ you lose in lost income, and decide if the program you're looking at is worth it., will come back to you once you get your education. If the numbers don't work, the don't do it. | ||
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No_Roo
United States905 Posts
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Macabre
United States1262 Posts
On October 01 2011 07:17 No_Roo wrote: Holy cow the march that is going on right now is freaking huge. This is a lot of people... O_O Indeed several thousand. | ||
Pesto
United States121 Posts
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ryanAnger
United States838 Posts
2 Months before I joined the USAF, I went to BofA to close my Credit Card account. I completely paid the balance off, and they told me it was completely closed. 10 months later (after having completed basic training and job training) I get home and go to the same branch that I held my previous card at, to open a checking account. They tell me that my credit card is still active and that I've missed 10 months worth of "inactivity payments" and late payments for having missed those. I then owed BofA just shy of $1k. I paid on the spot and had them close it (again.) The second time, they actually did it. Prior to this event I had a credit score of ~700. After, it was ~590. I now have to pay cash for everything, and I can't even get approved for a credit card with a $500 limit and 22% APR. What am I supposed to do when I need to buy a house for my family, and my own car (both of my cars are in my wife's name because of my credit.) I am the 99%. | ||
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jalstar
United States8198 Posts
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jon arbuckle
Canada443 Posts
User was warned for this post | ||
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methematics
United States392 Posts
User was warned for this post | ||
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Kaitlin
United States2958 Posts
On October 01 2011 11:50 ryanAnger wrote: @naysayers: 2 Months before I joined the USAF, I went to BofA to close my Credit Card account. I completely paid the balance off, and they told me it was completely closed. 10 months later (after having completed basic training and job training) I get home and go to the same branch that I held my previous card at, to open a checking account. They tell me that my credit card is still active and that I've missed 10 months worth of "inactivity payments" and late payments for having missed those. I then owed BofA just shy of $1k. I paid on the spot and had them close it (again.) The second time, they actually did it. Prior to this event I had a credit score of ~700. After, it was ~590. I now have to pay cash for everything, and I can't even get approved for a credit card with a $500 limit and 22% APR. What am I supposed to do when I need to buy a house for my family, and my own car (both of my cars are in my wife's name because of my credit.) I am the 99%. That story doesn't add up for me. You canceled a credit card, then found out 10 months later (for the first time) that the account was not closed and they charged you $1000 in fees, which you promptly paid on the spot ? There is more to this story that you are not telling, perhaps because you want to put forth a point of view - something about being a 99%, perhaps. Did you not get a receipt that the account was closed ? If it were me, they would be pulling teeth and coming to court before I paid that bullshit $1,000 in fees. | ||
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ryanAnger
United States838 Posts
On October 01 2011 14:58 Kaitlin wrote: That story doesn't add up for me. You canceled a credit card, then found out 10 months later (for the first time) that the account was not closed and they charged you $1000 in fees, which you promptly paid on the spot ? There is more to this story that you are not telling, perhaps because you want to put forth a point of view - something about being a 99%, perhaps. Did you not get a receipt that the account was closed ? If it were me, they would be pulling teeth and coming to court before I paid that bullshit $1,000 in fees. I did get a receipt, I got no notification of my fees because I was in training (thus different mailing addresses) and when I found out about it, I was only on leave for about a week before I had to go to my base, so I didn't have the time or money to pay for a lawyer. | ||
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CurLy[]
United States759 Posts
-LtGen Smedley Butler, USMC Pretty much... http://www.livestream.com/globalrevolution Its getting pretty big... thousands of protestors came out | ||
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ryanAnger
United States838 Posts
On October 02 2011 03:50 CurLy[] wrote: "I spent 33 years and four months in active military service and during that period I spent most of my time as a high class thug for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism." -LtGen Smedley Butler, USMC Pretty much... http://www.livestream.com/globalrevolution Its getting pretty big... thousands of protestors came out Yeah, I've been watching it. They're on the Brooklyn Bridge. NYPD is just arresting anyone they feel like. Lol, they're arresting minors. One sign says "I am not a Kochsucker." Thought that was pretty funny. | ||
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CurLy[]
United States759 Posts
![[image loading]](http://i.imgur.com/k13Hy.jpg) ![[image loading]](http://i.imgur.com/1xOKz.jpg) I would love to see half the protestors go on the brooklyn side of the bridge and just surround the cops. that would be awesome | ||
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Lith
Canada39 Posts
Yes, there are regular people like you and me who work in the financial sector. But they work for a minority that got rich off of corruption, and some of the key CEO's of major firms are a large part of the reason this recession started | ||
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QuanticHawk
United States32058 Posts
On October 02 2011 05:39 CurLy[] wrote: I would love to see half the protestors go on the brooklyn side of the bridge and just surround the cops. that would be awesome Yes brilliant. Try to phsyically intimidate the cops so they're forced to do something. That's how you turn a peaceful protest into something really nasty for no reason at all | ||
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CurLy[]
United States759 Posts
On October 02 2011 05:54 Hawk wrote: Yes brilliant. Try to phsyically intimidate the cops so they're forced to do something. That's how you turn a peaceful protest into something really nasty for no reason at all Anyway I was mostly joking but did I say anything Physical? Pretty sure the first amendment allows for freedom of assembly in order to petition the government, yet children are being arrested equipment is being seized... They are making it pretty nasty already | ||
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ryanAnger
United States838 Posts
On October 02 2011 06:01 CurLy[] wrote: Anyway I was mostly joking but did I say anything Physical? Pretty sure the first amendment allows for freedom of assembly in order to petition the government, yet children are being arrested equipment is being seized... They are making it pretty nasty already It could be a lot worse. And the pessimist in me thinks it *will* get worse, but the optimist in me thinks that after the first cop shoots a protester the rest of the country will be up in arms, and we might actually be able to get shit done. | ||
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