General Discussion
In reply to the discussion: college educated guy works 60hrs, 4 jobs, makes 20k/year - what his life looks like: [View all]JDPriestly
(57,936 posts)math-related fields who have great difficulty getting jobs. It's just a tough market. If a person has a liberal arts degree or even just an undergraduate degree, they may have to continue their education (and borrow the money to do it) just to get a job that pays a decent wage. It can be done, but the competition is harrowing.
This is all the result of our trade policy (pits cheap, foreign labor against ours), our tax policy (encourages the accumulation of extreme wealth by just a few people leaving the rest of us to wonder where the money went) and technology.
We used to have a wonderful textile industry. Where is it? Shipped overseas. Same for a lot of our steel. Our automobile industry is doing much better. Just this evening I heard people talking about how they bought foreign cars in the past and are now really excited about their new cars (especially Fords). So maybe we are learning from our past mistakes. But it is no help to the people who are unemployed now.