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one theory on Jobs
The world economy is inevitable. It is too late. We will have a lower "relative" standard of living compared to other nations. Our strength has been in our farms and our natural resources and universities. People from other nations still come to universities in the US to be trained. The only way we can maintain a position of strength is to maintain leadership in our universities.
My daughter is in engineering at Buffalo. Her competition is mainly from foreign students. I was in Agricultural Economics at Penn State. It is entirely a foreign program now. All the "American" kids get their MBAs and go to Wall Street - that is where the money is. Can you blame them? My brother-in-law is a PE. He recommends that you don't go into engineering. You make more money in other fields. If you are at IBM where I work - that fastest rise to power and money is through finance and sales.
What we have to do is prepare our kids for the future. My son tells me he wants to be a programmer. I tell him "No -you want to be a computer scientist - and you have to be the best so that your job isn't the one that is outsourced". Also - although I am a staunch republican - we need universal health care so that people who lose jobs in this new economy are treated like humans. We all like to think everyone should pay their own way - but I know even in my family there are people who just can't measure up or compete in this new brutal reality.
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one theory on Jobs
Grinder, of course I tell my kids that money is important. But I also tell them they should pick a career that they will like. If lots of money is all they want - then they should go into finance or sales. If they want less money and more fulfillment they should go into other professions.
Neither of my kids seem to be choosing finance or sales as a career.
I see lots of MBAs strewn along the path at IBM. There are too many of them. Our executives think, live, breathe IBM every day including saturday and sunday. They have no other life. They are obsessed with results. They make a fortune but they are expected to live for IBM. I would not want that lifestyle for myself.
On the other hand, the reason IBM turned around and is doing well is because of this manic obsession by our executives and our change in culture (which is much tougher on the employee). Without these obsessed sales and financial people this turnaround would not have been possible. And every person in the US who has stock in IBM expects this kind of performance so that they can retire someday.
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one theory on Jobs
Grinder, no offense taken. I enjoy honest open exchange of opinions and ideas.
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one theory on Jobs
Oneace and JeffR, as conservative as I am on other matters, it is high time for universal health care. I probably will be able to take care of me and my wife someday - but in this new brutal economy - there is a good deal of luck of the draw as to who survives and who doesn't. It has nothing to do with who is willing to work. Everyone has to be treated with respect and dignity - and if the corporate world has dished off this responsibility - then the government has to pick it up.
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one theory on Jobs
Jeff R, I don't bitch and moan about the taxes I pay. And I pay plenty. I am one of those people that probably doesn't need government help. However, I still think we need universal health care and I am willing to donate my tax dollars to those with bad luck, who can't work, who's jobs are outsourced.
I know there are plenty of people who don't want to work, but I know also that in these times there are more that want to work or just can't compete. Not every person has the skill level to compete. Ever been on a jury in this country? I've been on two. One murder case, one civil. Have you met and talked with people in this country? Many people will not be able to compete with the Indians, the Koreans, the Japanese.
Do you think we in the US have a monopoly on the best ideas and intelligence in the world? Get ready, there will be more unemployment before we are done. Are we in the US all on the same team? If so, why woudn't we all want to take care of everyone on the team even though we aren't all playing in the game?
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one theory on Jobs
Chief, I agree my idea smacks of socialism. My Canadian neighbor just left the US because we don't have universal health care or a free college system. He decided he had a better standard of living in Canada even with a lower salary.
Grinder, any thread this long on a thought provoking topic will meander - like a topic at any party. Great post!
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