posted on Feb, 20 2013 @ 07:25 PM
Saw this coming 36 years back,
I lived in a NE city where several universities and colleges existed when I was a teenager (over a dozen). Even that far back the job market in the
local area was skewed towards bacholor degree holders getting menial non-union work like existed at fast-food and retail establishments. It was just
as the OP described even that far back only difference is its now national in scope.
If you were a local without degree - fagedaboutit
I moved and never looked back at that State or city and bought first house at age 19 working heavy constuction and morphing into high-rise maintenance
later on. Paid debt early and often and invested the rest.
My last years salary before early retirement was $95,000 + not rich but not bad either, of course I deployed all that money not on debt service but to
build wealth and today I own all my homes and auto's free and clear and have no CC debt. I pay cash for everything. I am not a debt slave and feel for
you folks who were hoodwinked into what you are caught up in.
Looking at the tea leaves, I think I'd do it same way again were I required to do so.
For many years I put up with superior nosebleed attitudes from lessor paid office workers and their ahole management but always smiled knowing just
who had the last laugh in the end.
Never make fun of your plumber, A/C tech or other skilled tradesman is my advice, he's better off than you will ever be most likely and they actually
have in their pocket needed skills not make-work skills like most out there.
edit on 20-2-2013 by Phoenix because: sp
20-2-2013 by Phoenix because: (no reason given)