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America's PhDs On Foodstamps

Tyler Durden's picture




 

When job hunting in one's field turns tough, college graduates may return to school for another degree (even in economics). But for some Americans, multiple degrees won't guarantee a job in their field (or even at the Fed) - or even keep them above the poverty level... Over the past few years, more and more highly educated people have turned to food stamps and other forms of welfare for help...

 

 

Source: OnlineColleges.net

 

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Tue, 01/08/2013 - 22:03 | 3134839 secret_sam
secret_sam's picture

It's all well and good to worry about the 0.0004% of the Federal spending that goes to cell-phones, but if someone with a free cell-phone sees you hit by a car or mugged by a pack of negro senior citizens, you'll probably be delighted if they're able to call 911 immediately.

There are certain types of "return" which aren't modeled very well on a spreadsheet.

Tue, 01/08/2013 - 22:19 | 3134874 El Tuco
El Tuco's picture

You may be right...the amount is miniscule compared to the amount the Politicians spend on hookers and blow in Washington.

 

 

Tue, 01/08/2013 - 22:23 | 3134889 nmewn
nmewn's picture

You assume the car driver doesn't have a cell phone (ObamaFawon or otherwise) and that the muggers (negro seniors or otherwise) didn't get shot dead trying to jack up a free man.

Tue, 01/08/2013 - 22:28 | 3134906 Papasmurf
Papasmurf's picture

This is the one I got.  I'm Very impressed with it.

http://i302.photobucket.com/albums/nn101/Pictures77_2008/Seniorsnewphone...

Tue, 01/08/2013 - 23:10 | 3134987 secret_sam
secret_sam's picture

Dontcha fuckin' hate that all the important numbers are full of 9's and 0's?

Tue, 01/08/2013 - 21:55 | 3134810 pitz
pitz's picture

Ivy League schools in engineering and the sciences, such as UC Berkeley and Cornell, can't even prove more than 40% employment rates for their graduates in STEM subjects.  Quite astonishing, but a situation that has persisted for the past decade as technology firms have mostly hired foreigners on H-1B visas instead and have outsourced pretty much everything possible. 

Tue, 01/08/2013 - 22:04 | 3134841 secret_sam
secret_sam's picture

That physics PhD I mentioned above?  UPenn...

Tue, 01/08/2013 - 22:20 | 3134880 pitz
pitz's picture

Universities include SNAP sign-up information (food stamps) with their introductory "welcome" kits. 

Tue, 01/08/2013 - 22:23 | 3134891 secret_sam
secret_sam's picture

Nice!  I wonder if Walmart includes the same info in the new-hire packet for greeters!

Wed, 01/09/2013 - 13:53 | 3137058 Iam_Silverman
Iam_Silverman's picture

"Nice!  I wonder if Walmart includes the same info in the new-hire packet for greeters!"

Actually, that's a great idea!  They would benefit from the revenue since they'd most likely do their shopping at WalMart before catching the transit system bus home!

You sir, have a bright future ahead in retail - I can see it.

Tue, 01/08/2013 - 22:25 | 3134898 nmewn
nmewn's picture

EBT usage is like a dividend drip "investment" for JP Morgan, paid by taxpayers.

They never want to talk about that ;-)

Tue, 01/08/2013 - 23:49 | 3135056 Variance Doc
Variance Doc's picture

"Cornell...can't even prove more than 40% employment rates for their graduates in STEM subjects."

This is complete bullshit.  I have a STEM Ph.D. from an Ivy school, and the employment rate is much higher than 40%, especially coming from places like Cornell.

Cite a source or STFU.

 

Edit:

P.S. UCB is not an Ivy school, moron.

Wed, 01/09/2013 - 02:16 | 3135414 Skateboarder
Skateboarder's picture

No, it's not, but it's just as snooty.

Wed, 01/09/2013 - 02:19 | 3135417 pitz
pitz's picture

The Cornell and UCB post-grad surveys from their career centres.  Go look it up.  I was referring to Bachelors grads, BTW.

Wed, 01/09/2013 - 13:55 | 3137065 Iam_Silverman
Iam_Silverman's picture

"I have a STEM Ph.D. from an Ivy school, and the employment rate is much higher than 40%, especially coming from places like Cornell."

I think he meant employed in their respective field, not as some government hack spreading "hope and change" on the internet - like you.

Tue, 01/08/2013 - 22:01 | 3134831 devo
devo's picture

We're going off the raaails on a gravy traaaain.

Tue, 01/08/2013 - 22:10 | 3134854 centerline
centerline's picture

lol.

Tue, 01/08/2013 - 22:24 | 3134886 devo
devo's picture

I think you mean "All aboard hahahahaha aye aye aye!"

Wed, 01/09/2013 - 04:35 | 3135590 mvsjcl
mvsjcl's picture

Shit. Now I can't get the guitar riff out of my mind.

Tue, 01/08/2013 - 22:07 | 3134844 pragmatic hobo
pragmatic hobo's picture

I don't get it ... with sky-rocketing tuitions how is colleges and universities tightening their budgets?

Tue, 01/08/2013 - 23:11 | 3134988 three chord sloth
three chord sloth's picture

They are tightening their budgets for faculty (i.e. the teachers)... the spending on administration, however, climbs ever higher. Excelsior, suckers!

Wed, 01/09/2013 - 02:20 | 3135419 Dr. Sandi
Dr. Sandi's picture

The sports monster needs to be fed or nobody will come to your crappy university.

Tue, 01/08/2013 - 22:13 | 3134861 donkshover
donkshover's picture

I dont have PHD but I have an Obama phone. 100 minutes?  more like 250 free minutes and free texting. Damn thing doesnt have a camera!I'm doing the Greek thing  a little cash here a little cash there and guess what I  qualify for a phone!I wish everybody would get on assistance  as in National sign up for assistance march on Washington. I think that is how you are going to get their attention.

Wed, 01/09/2013 - 00:10 | 3135114 goldfish1
goldfish1's picture

How do you get it?

Tue, 01/08/2013 - 22:20 | 3134876 earleflorida
earleflorida's picture

the, 'i got mine' rationale has hit the matrix head on...

never gonna happen to me-- not with my credentials and philosophical ideologies...

i'm no lowbrow... i'm an educated lego, made for, and by the machine of mind's enterprise...

i am unemployed... and my hands weren't made for the labor camps of the grand bargain i voted for...

oh worries me, for a piece of that humble pie... 

Tue, 01/08/2013 - 22:26 | 3134900 secret_sam
secret_sam's picture

Take advantage of some unemployment time to get in shape and learn to cook...anything.

Tue, 01/08/2013 - 22:20 | 3134879 max2205
max2205's picture

wsj needs more phd's

Tue, 01/08/2013 - 22:48 | 3134948 bugs_
bugs_'s picture

Makes sense since degrees are being printed like foodstamps

Tue, 01/08/2013 - 22:50 | 3134950 Jack Burton
Jack Burton's picture

Obama 's gonna pay my mortgage! PHD? Shit, you better off selling crack on the street corner. Big money and you don't have to show up for work till 7:00PM. 

Tue, 01/08/2013 - 23:14 | 3135001 secret_sam
secret_sam's picture

Student loans aren't a big concern when the ER surgeon's pulling dub deuces out of your thoracic cavity.

Wed, 01/09/2013 - 00:11 | 3135115 Jon Bong Jovi
Jon Bong Jovi's picture

Believe it or not, alot of those kids make around $5/hr. Many have second legit jobs.

Wed, 01/09/2013 - 00:36 | 3135185 toomanyfakecons...
toomanyfakeconservatives's picture

Don't confuse drug dealers with welfare slobs. Many drug dealers work 24/7, many have a legit job, and many actually put some effort in.

Tue, 01/08/2013 - 23:15 | 3135002 balolalo
balolalo's picture

And to take the hit into the nursey...

http://todayhealth.today.com/_news/2013/01/08/16414618-fisher-price-reca...

We're fucked.

Wed, 01/09/2013 - 00:14 | 3135119 joego1
joego1's picture

I used to design microchips made good money with no advanced degree.then they started importing engineers and finally they started shipping the design work over seas. I would still be doing it myself but then they started importing my bosses. Now what sort of degree can you get that can't be out sourced? McDonald's u?

Wed, 01/09/2013 - 00:36 | 3135187 secret_sam
secret_sam's picture

C level positions haven't been primarily outsourced, so hone your bullshit skills and convince someone who matters to finance your business idea.

Wed, 01/09/2013 - 04:49 | 3135600 SilverRhino
SilverRhino's picture

Plumbing

Wed, 01/09/2013 - 10:42 | 3136188 joego1
joego1's picture

I do electrical contracting now can't no virtual wires yet.

Wed, 01/09/2013 - 00:51 | 3135237 dolph9
dolph9's picture

I've known alot of bright people through the years who have changed careers, sometimes down the ladder.

See, in Amerika, when you realize that you are dealing with bullshit all day long, you realize you need to make a change.  Even if it's at great cost.

Most janitors deal with much less bullshit than the average white collar worker.  And at least they have the tools to deal with bullshit when they find it.

Wed, 01/09/2013 - 00:52 | 3135243 ABG LINE
ABG LINE's picture

Go to school to be somebody.

Wed, 01/09/2013 - 05:06 | 3135628 Colonial Intent
Colonial Intent's picture

Schools teach you to work for somebody else, to fight for somebody else and to lie for somebody else.

Wed, 01/09/2013 - 00:53 | 3135250 vulcanraven
vulcanraven's picture

Trickle down dependency!

Wed, 01/09/2013 - 00:56 | 3135254 SilverFish
SilverFish's picture

The answer to your problems is simple......

 

 

 

If you have one masters degree and you still cant find a job, get two. If that still doesn't fetch you employment, get a third.

 

Sincerely,

 

President

Harvard University

 

PS - If you need further assistance, I'll be on sabatical in Cabo for the next 3 weeks getting sucked off by high dollar hookers, but after that, I'll be available to help in any way I can.   $$

 

 

 

Wed, 01/09/2013 - 00:57 | 3135260 garcam123
garcam123's picture

Me 2, I guess it's time to admit.......

deep down....I'm a lesbian....does that qualify me for anything other then muff muncher?

Wed, 01/09/2013 - 01:37 | 3135343 resurger
resurger's picture

If you are not a jew, then join the line.

Wed, 01/09/2013 - 01:41 | 3135347 Cman5000
Cman5000's picture

Oh well next stop http://youtu.be/WUAvTn3uz5w 

Wed, 01/09/2013 - 02:19 | 3135416 mrmister
mrmister's picture

I know of a girl that got a degree in nuclear physics. She moved back to town and cut hair.

Wed, 01/09/2013 - 02:35 | 3135445 Angus McHugepenis
Angus McHugepenis's picture

Yeah, and we all know what happens when Nuke/Phys PhDs start cutting hair. We go bald! The horror... the horror...

Hmmm... I have a champion hairy ass... I'm thinking Ms. Nuke could help me eliminate the problem. Call me.

Wed, 01/09/2013 - 02:24 | 3135428 mrmister
mrmister's picture

If you apply yourself and make good grades and study hard you might someday get to flip hamburgers johnny. But first you got tu get them there phd.

Wed, 01/09/2013 - 03:01 | 3135484 Triple A
Triple A's picture

I'm part of the 13.4% who is working as a bartender with a worthless college degree. I graduated in 09, perfect timing. I have been trying to get a job in a trade but if you don't know anyone it's really hard. Anways, now i am just stacking as much g&s as possible and waiting for the collapse. I save as much as i can, don't spend money on worthless shit, and try to have a good time on limited amount of funds.

Wed, 01/09/2013 - 09:19 | 3135882 Remington IV
Remington IV's picture

glenlivet 18 on the rocks please

Wed, 01/09/2013 - 04:52 | 3135601 israhole
israhole's picture

It is too far gone, get out while you can, and I don't mean Europe.  Learn another language and enjoy life.  Your ancestors made the move.

Wed, 01/09/2013 - 11:29 | 3135670 smacker
smacker's picture

I find from personal experience that people with PhDs and other respectable quals are not necessarily endowed with plain common sense which can be applied to whatever job they do. One look at the army of idiot economists we have to see this. Many of them can hardly add up/take away. Then there's another army of mindless moronic "news" presenters and journalists, many of whom don't have a clue what they're blathering about and resort to reading out official press statements. Then there's the political elites .....enough said.

 

Wed, 01/09/2013 - 06:57 | 3135709 justsayin2u
justsayin2u's picture

many of these phds are not qualified to be a janitor.

Wed, 01/09/2013 - 12:26 | 3136705 Vuke
Vuke's picture

Not so at all. With patient instruction they learn the use of a broom fairly quickly. However, they seem to have trouble with the mop.

Wed, 01/09/2013 - 07:38 | 3135734 negative rates
negative rates's picture

Welcome to the untitled, entitled generation.

Wed, 01/09/2013 - 08:37 | 3135796 whoopsing
whoopsing's picture

None of these folks made a go of it in construction, Hmm, go figure

Wed, 01/09/2013 - 09:18 | 3135876 Remington IV
Remington IV's picture

Obama = welfare president

Sat, 01/19/2013 - 21:44 | 3169871 trollkiller
trollkiller's picture

You are such anti-intellectual bogas! If you look at all countries of the world you see that the higher educated you are the smaller probablity of being unemployed and a higher wage. Also, education is a public good, it creates a healthy society, not one where everyone wants to buy a gun to defend themselves.

I do understand that a fucked up society fucks you up but at least you could try to think more and look at things from a different perspective. Welfare is to give a chance for everyone to have a life, we only have once chance for it and we are not born equal. Welfare is to smooth out the inequalites we are born into and eventually decrease it. 

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