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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: shades who wrote (37490)8/10/2005 2:55:18 PM
From: John VosillaRead Replies (2) | Respond to of 306849
 
"Where are the jobs for the 65,000 engineers the US graduates each year? Where are the jobs for the physics, chemistry, and math majors? Who needs a university degree to wait tables and serve drinks, to build houses, to work as hospital orderlies, bus drivers, and sales clerks?"

Either they go to China, become a house flipper or get their hands dirty and do manual labor in one of the booming housing professions<g>



To: shades who wrote (37490)8/10/2005 6:26:31 PM
From: arun geraRead Replies (1) | Respond to of 306849
 
>What is the point of higher education when the job opportunities in the economy do not require it?>

Where is he showing that educated US workers are working in these low tech jobs? Where is he showing that the income levels of americans with higher education have gone down? Maybe there is a supply side problem. There are not enough net highly educated workers being added to the economy. Look at the retirement data (outflow)and college graduation data (inflow) and you will find out.

-Arun



To: shades who wrote (37490)8/10/2005 6:29:08 PM
From: arun geraRead Replies (1) | Respond to of 306849
 
>Today a mom and pop business is a cleaning service that employs Mexicans, a pool service, a lawn service, or a limo service.>

In Silicon Valley, it is a two Ph.D startup with software development and technical support in India, and manufacturing in China. One of the Ph.Ds is on a world tour with his girlfriend and is reachable only on his US VOIP number. The silicon valley resident uses the cleaning service that employs mexicans, a pool service, a lawn service, and a limo service.

-Arun