Quote:
Originally Posted by fintstone
A six-figure starting salary is pretty impressive. I wouldn't' have expected that with an MBA.
I agree. If you are "college material" and can do well in a degree area that pays well and is in demand, it seems the way to go. Obviously, one does not have to run up a he debt to get a degree.
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What if you are college material and at the end of the matriculation rainbow there is no promised land. It depends upon a nations having OPPORTUNITY at the end of that rainbow..in order to reap the Pot O Gold reward. That is why the Brain Drain happened in Britain after the war, the jobs just were not there. So they migrated to the USA for the Pot O Gold MC reward.
What makes you just another entitlement live it up Charlie is that you think you are entitled to having that "opportunity" to make a lot of money. That that lucky circumstance is going to last forever and you can live it up (and you in particular don't even think that you have been living it up, partially because it has been so common place). You can already see that it is fading away.. What has been happening sine 1975 is that the MC has been under pressure and is now almost faded away..except for the illusion of prosperity. People have been using everything they make to make their ends meet..look at the stats. Americans don't save anything and are in debt, not to mention the high paying jobs going away.
It is the great
reversion to the mean of human history..a small Robber Baron Class, a smallish MC and the great unwashed mass of working poor. What the fk do ya think that 1% having most of the money is all about?
There is no stopping the inevitably of the change.It has always been a historic inevitably. It is a trajectory of history. It is what you do in the face of the inevitably that helps ameliorate the impact. You can put on a sweater, the USA has chosen not to. It chose Reagan and the credit card instead.
Now what really drives me to keep saying this is my Dad and his experiences... He was selling sandwiches my grandmother made to the guys working in the factories probably before he was 10 years old (1925 Detroit) to make money to help the family...at 12 he sold news papers after school until he was out of HS (1935). He did it on crutches after he had his foot crushed (that caused him pain for the rest of his life). He even hit another kid over the head to protect his corner. All the while he went to school with a passion for chemistry. He went to college during the day and did a shift at Packard as a Tool & Die maker at night (putting his books up on the machine to study) all the while giving money to the family. There was no UAW in 1935, the saying in those days was "To old to work and too young to die." This all happened during the worst Depression this nation ever had. So
in those days there was no work no opportunity no matter what and that came from the horses mouth of people who lived through those times. .
That is what you flat out don't know, just how lucky you were (born in an era) to have an
opportunity to have something. You think you are entitled to it (a prosperity) and it will go on forever. You base you life upon it, especially when you talk about retirement investments. If it happened once it can happen again. I understand it because I can feel the emotional damage that was done to those people. All you had to do is listen to them talk about it and how that despair scarred them for the rest of their lives. That is why just buying and having a Toaster was some thing special to them.
In one of my forays to the Thrifts I found a spiral bound cook book published by a women's organization in MN in 1985. The title of it was basically is Cooking and Reminiscences of the Great Depression. The contributors shared their experiences and recipes that they used during the Depression. The rational was to share those stories before they were gone. Those stories are full of privation and hardship and how they made it through those days. It is staggering to see the clueless and wanton extravagance of Americans. You think it is the way it is and it will go on forever.