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HughBeaumont

(24,461 posts) Fri Dec 30, 2011, 12:53 PM Dec 2011

OK, Explain This To Me Like I’m A Complete Idiot Part 9: [View all]

We’re now in a period where there are more college and trade-school-educated workers across the country than any time in history, with our nation’s “leaders” (both corporate and congressional) stressing more and more education as the tool needed for today’s individuals to “compete” for the jobs of the 21st Century.

So why is it that, instead of a climate of growth, opportunity and entrepreneurship that should be ideally resulting from having a better-educated pool of workers, job creation has been extraordinarily weak since 9/11 and the ratio of available applicants per job is now anywhere from 5:1 to 300:1 (depending on the position)?

32 replies

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OK, Explain This To Me Like I’m A Complete Idiot Part 9: [View all] HughBeaumont Dec 2011 OP

du rec. nt xchrom Dec 2011 #1

because our system can't figure out how to profit enough privately from it and prefers to do nothing unblock Dec 2011 #2

I think one of their many cons is the "productivity" card . . . HughBeaumont Dec 2011 #7

productivity is good, IF there are better things for displaced workers to be doing. unblock Dec 2011 #9

They profit enough privately Aerows Dec 2011 #19

agreed. different definition of "enough". unblock Dec 2011 #20

the jobs are "created" outside the USA getdown Dec 2011 #3

The "more education" meme is a cop out. dawg Dec 2011 #4

+1000 nt abelenkpe Dec 2011 #8

Well said! Spazito Dec 2011 #10

Hee hee . . . here's a right scary graphic relating to underemployment - HughBeaumont Dec 2011 #12

Nice graphic. Where did you find it? -nt LiberalAndProud Dec 2011 #14

From this article . . . HughBeaumont Dec 2011 #17

+1 Edweird Dec 2011 #28

And while you're at it explain why no one in Congress is talking about climate change? lunatica Dec 2011 #5

Because a large chunk of them don't believe in it abelenkpe Dec 2011 #16

"don't believe in it" is a sad state of affairs in itself. HughBeaumont Dec 2011 #23

Because they busy raising campaign contributions. They have to set priorities, you know. AnotherMcIntosh Dec 2011 #22

I have no answers but one piece of it has to be fear of leaving the present job, to start a company riderinthestorm Dec 2011 #6

I'm not sure, but I think that was another "Idiot" topic I've addressed in the past: HughBeaumont Dec 2011 #11

Employer-based health insurance is a chain keeping employees at jobs they'd like to leave. n/t Scuba Dec 2011 #24

Existing companies who wish to expand abelenkpe Dec 2011 #13

Who could turn down HoldenD Dec 2011 #15

Yes, and while they're indebted, they can't purchase/put off purchasing products. HughBeaumont Dec 2011 #18

Because the neocons and neoliberals combined their efforts to sell us out w "free trade" etc. AnotherMcIntosh Dec 2011 #21

The answer is obvious quaker bill Dec 2011 #25

I think the point of these "Idiot" posts . . . . is that I want to hear the explanation from THEM. HughBeaumont Dec 2011 #26

Because of monopolies and mergers. fasttense Dec 2011 #27

Job creation was extraordinarily weak since 9/11 but it had already been that way for decades NNN0LHI Dec 2011 #29

Ever notice something else about Friedmanomics? HughBeaumont Dec 2011 #31

Leveraging is what Wall Street does NNN0LHI Dec 2011 #32

The End Of The Job TheMastersNemesis Dec 2011 #30