3 ms·
You complain but you still put up with it which is why nothing ever gets done
by jjawssd 9y ago
You complain but you still put up with it which is why nothing ever gets done
- VLM 9y agoOversupply, ironically, from the educational sector. Lets say the economy is big enough to consume X new graduates of major Y. The problem we have as a nation and an economy is we've been producing between 2X and 100X degrees of major Y for many years. The majority of OPs fellow grads from that graduation year are working as bartenders or waiters or salespeople or software devs, so being stuck in horrible living conditions yet in his academic field means OP graduated at a very high percentile of class (maybe more than 99th if he's english lit, or at least 90th for a "normal" field). If OP bails there are at least 10 to 100 grads who currently have worse jobs probably not even in the field, with the same degree as OP, chomping at the bit to take his awful job. Restriction of supply is the only way out. That means eliminating socialized student loans, and that would result in crying and squealing like the world has never seen before, so that's not politically possible. A massive world war and draft? Close the borders? We know the demand side of the economy will never grow big enough to provide enough jobs for the people already qualified and living here, so don't count on the demand side to fix things, its gotta be a supply side solution. In the long run, a large fraction of the population has to immigrate elsewhere or die or tune in turn on drop out NEET style or do hippie commune UBI or have a (hopefully nonviolent) revolution ... I'm unaware of any viable alternative to the list. Kicking the can down the road BAU style means the inevitable crash will be much bigger.