david i did the research on jobs you asked for at the family Christmas gathering // all grads with non liberal arts degrees are employed// the liberal art grads that are employed are being paid under $12 per hour except the plumber
TTM I wish your business success and hope you do well with it..That said, a question: How would you feel, how would you respond, if the current administration suddenly placed an additional 10% tax on your business (and those like it) while also requiring you to do a whole new raft of paperwork to go with that?
I’m very curious. Please enlighten me. Who has a better system and why are we inundated w immigrants. Monarchy? Theocracy? Communism? Socialism? Planned economies?yes We have flaws. We can do better but the idea that everyone w money is an sob etc seems very singular in its approach. Bill gates,warren buffet,Henry ford. Carnegie,DuPont. All had it and used it. Who better them or the fed. Isn’t that the real question.
Apparently Collage students should act more like their parents, if you can’t afford your own home it’s time to apply for another credit card.
In truth generations can fight over who is to blame, but bottom line financial reality is that it is better to not be bankrupt and to pay down your SL debt than it is to prove your “independence” by driving yourself underground with debt
The statistic taken is to deal with “does the majority of your wealth come from” insert X here.
Now riddle me this at 5% compounding interest over 20 years ( A reasonable payout on a mutual fund ) you will have 2.6 times your initial wealth, have you worked for your money ?
How about if rather than inheriting money, a company ? How about connections ? Considering inflation it should be little surprise that the majority of wealth is not inherited. Your great grand pappy’s fortune of 1.2 million is not much on the modern market.
As for anecdote, an anecdote is an anecdote.
Finally there are certain barriers to starting a business. Lets say one has significant ideas on car manufacturing, better engines, more horsepower, fuel efficiency, durability. You name it.
The required capital is immense, if you take a look at the vast majority of innovation in robotics, mechanics a large amount sits in the patent office held by large companies. It is here they either at best go to make them larger and further enrich those with holds on the top or alternately in the case of durability have a habit of being left to mold (Durability from a financial standpoint is bad as largest money is off repairs. While you have a handful of dominant companies with multilateral pacts it becomes quite easy to fleece consumers
Ivan Araque over 10 years ago
Despicable – most college graduates move back into their parents’ house drowning in debt and unable to find a decent job. It’s certainly not a choice.
ConserveGov over 10 years ago
Great toon!
Enoki over 10 years ago
Universities should print Fine Arts and most Liberal Arts degrees on yellow toilet paper so graduates will know what their education bought them!
nate9279 over 10 years ago
Ah, Michael Ramirez, you make me laugh with little chunks of vomit coming up as well. What a talent you have.
Dtroutma over 10 years ago
Yep, learn Mandarin, or Cantonese, and move to where all the “patriotic” American corporations have shipped all those jobs you’re supposed to get!!
oneoldhat over 10 years ago
david i did the research on jobs you asked for at the family Christmas gathering // all grads with non liberal arts degrees are employed// the liberal art grads that are employed are being paid under $12 per hour except the plumber
Enoki over 10 years ago
TTM I wish your business success and hope you do well with it..That said, a question: How would you feel, how would you respond, if the current administration suddenly placed an additional 10% tax on your business (and those like it) while also requiring you to do a whole new raft of paperwork to go with that?
Reality,really? over 10 years ago
I’m very curious. Please enlighten me. Who has a better system and why are we inundated w immigrants. Monarchy? Theocracy? Communism? Socialism? Planned economies?yes We have flaws. We can do better but the idea that everyone w money is an sob etc seems very singular in its approach. Bill gates,warren buffet,Henry ford. Carnegie,DuPont. All had it and used it. Who better them or the fed. Isn’t that the real question.
Quipss over 10 years ago
Apparently Collage students should act more like their parents, if you can’t afford your own home it’s time to apply for another credit card.
In truth generations can fight over who is to blame, but bottom line financial reality is that it is better to not be bankrupt and to pay down your SL debt than it is to prove your “independence” by driving yourself underground with debt
Quipss over 10 years ago
The statistic taken is to deal with “does the majority of your wealth come from” insert X here.
Now riddle me this at 5% compounding interest over 20 years ( A reasonable payout on a mutual fund ) you will have 2.6 times your initial wealth, have you worked for your money ?
How about if rather than inheriting money, a company ? How about connections ? Considering inflation it should be little surprise that the majority of wealth is not inherited. Your great grand pappy’s fortune of 1.2 million is not much on the modern market.
As for anecdote, an anecdote is an anecdote.
Finally there are certain barriers to starting a business. Lets say one has significant ideas on car manufacturing, better engines, more horsepower, fuel efficiency, durability. You name it.
The required capital is immense, if you take a look at the vast majority of innovation in robotics, mechanics a large amount sits in the patent office held by large companies. It is here they either at best go to make them larger and further enrich those with holds on the top or alternately in the case of durability have a habit of being left to mold (Durability from a financial standpoint is bad as largest money is off repairs. While you have a handful of dominant companies with multilateral pacts it becomes quite easy to fleece consumers