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Boulder Weekly Cover Story: "Adults Take Teen Jobs, Leaving Kids Unemployed"
While the full story can be found here, the cover of this week's Boulder Weekly probably explains most if not all there is to know about the US "recovery"
h/t Mike Krieger
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I'm sorry Guys, but your country is going into deep shit, Buy Indian Government Bonds instead, great rate 6.75% :))
Right, because India is the picture of progress.
Is that Poor Sarcasm I detect, Mrs Robinson?
poor in that I gave it as much effort as it deserved... getting off a plane anywhere in India immediately brings to mind the term "third world". We have problems here of course, but at least the homeless are sheltered. Bond yields do not a nice country make.
I've never understood India. It's just too complex. Laugh if you will - but even greater men than me capitulated trying to understand the culture of this nation. I would never dare to judge the people of India as you did. They've done astonishing things in the past - just think of the great philosophers, personalities they had and the great buildings and art. But there is a thing about India that frightens me - it's Pakistan. The future of Pakistan doesn't look good.
And if you ask me about the United States - I would never do the mistake to underestimate their capabilities. Yes, they will suffer - like we Europeans will - but they've shown in the past that they are able to overcome the difficulties, to take the heat and come back. It will take a while, certainly. But it would be unwise to think that the United States are finished for a long time. They also have very creative people - although I am from Europe, I won't join that trend to bash the United States.
way to say nothing.
Today, economic conditions are not stable. The adults don't have any jobs, so they are going for anyone that will hire them.
j1 visa workers
No, just reality...
India has what, exactly?
No offense, but "value/wealth" has only really, and will be more so in the future, about PHYSICAL RESOURCES.
Again, India has what, exactly?
If the US defaults it still has physical resources at or near the tops of most categories. Yeah, meaningless when you're consumption levels are astronomical, but as the Great Unwind continues the consumption will drop (read "physical resources will last longer").
NOTE: The only sane thing that India is doing is loading up on gold (but the vaults will empty as it needs to import required resources).
Thanks for playing!
India has what the us once had, Demand, LOL
india is a place where the poor cut off their limbs to more effectively beg for food. and 6+% yield on indian bonds is a negative return >> http://www.tradingeconomics.com/india/inflation-cpi
With over a billion, stinky indians crawling over each other like sewer rats india is poised to destroy ALL their resources within the next 20 years and lead the world in dumps per square mile. But not fret, dumps and disasters are bullish. Just look at japan!
Can I still sell my liver in China and get an iPad?
Can I still sell my liver in China and get an iPad?
As an impressed visitor from India once said to his american host: "I want to live in a country where the poor people are fat". When you got that over there, call us back.
I really enjoyed this article. It is always nice when you read some thing that is not only informative but entertaining. Excellent and want to read such more posts in near future. Thanks. thermage Adelaide
2/3 of the worlds monazite reserves...think Thorium fuel cycle.
"Again, India has what, exactly?"
All those jobs, production facilities, call centers, R&D labs, and healthcare sector jobs, (and all of Morgan Stanley Mutual Funds jobs, BTW) that the American multinationals have relocated there.
Debt from any country is becoming a sucker bet.
Buy Silver Bullion instead. It's more pleasing to the eyes.
So your trade is short gold and long Indian Government bonds?
WTF! We cannot junk people on Tyler Mohammed's new web site? FAIL. The junking was the best part.
You can still junk but it's attached to your name now.
*junk*
Why buy any countries debt? Are bonds for gentlemen or suckers? Waste of money when I can exchange fiat for physical silver.
Dear unskilled brats of America, you don't need jobs in the same way that people with kids to feed do.
People without jobs shouldn't have kids to feed. You've had your chance, and you failed life. To the death panel!
Embrace The State. We're all socialists now! Barack Hussein Obama, mmm mmm mmm!
Socialist? Hardly!! Fascist is a lot more like it, though the current fascism is a far more evil variant than Nazi fascism.
Nazi = National Socialist. Further, communism and fascism are merely two sides of the socialist coin. Regardless, however one wishes to define such things, it's all Statism leading down the path to totalitarianism. Bad for business. ALL the red bastards need to be locked up or deported.
You are about as ignorant of history as it gets. Shoot that moon!
Are you suggesting the Nazi party wasn't the National Socialist party? I mean, I have to doubt that because it would truly be the height of ironic stupidity, but for someone who adopted the name of a perverse sexual act, I can't be too sure.
Picking on his sexual predilections doesn't advance your argument.
That said, stop confusing him with the facts.
I suppose that gives snowballs chance in hell a completely new meaning.
You know there are many things that are called snowball...in finance, computer science, Warren Buffet, and even Trotsky, but I can see how peddling your trade as a fluffer has biased you towards your chosen interpretation.
Enjoy those "tips", suckah.
You have got a bit of stupid on your chin there Comrade Conrad.
So if they're laid off because of say...a bankster-induced financial crisis...they should sacrifice their chidren to the gods?
Well, if victim mentality is the order of the day, there's no hope. It's not that the person wasn't skilled/valuable enough to be retained. It's not that the person didn't have the ambition/drive to become more skilled/valuable. It's not that 2-3 years on the dole wasn't long enough to accomplish something. No, it's the evil bankers and the man holding that person down. That dope really rotted the boomers's brains.
Well they are soon to being going through hopium withdrawals bitchez!
Since we're talking about ADULTS WITH TEEN JOBS (you know...the article) then I'd say they are doing "something", not what they'd like, I'm sure, but not the dole either.
Now go hit that crackpipe again, Amy.
Pray tell, where might one become more skilled/valuable w/o incurring $50-200k of student loan debt?
Any public library.
Especially since those unskilled brats are still living at home, the "kids" they are having to feed. Soon, to be joined with gramma and gramps..... Of course, Mom and Dad will be losing the house soon on McD's wages. Then they will sell the kids into slavery and send the elders out to sea on the ice floes. Seriously, last time I saw adults taking kids jobs, we were in the middle of a bad recession. I remember as a young thing out of engineering college, not being able to get a job because seasoned pros were taking entry level jobs at entry level pay.
Ever stop to think that maybe the reason some of these kids are looking for jobs is because their family is going through tough financial times and need the extra money?
Too simple. People aren't used to seeing that. Competition is a bitch.
News for the kids: you'd better toughen up, because your parents are going to be sticking it to you for the rest of their lives.
It's not enough that we've saddled you with unpayable debts to support our ignorance and laziness. Now, we shall take the jobs to ensure your enslavement to the monster state we have created. Enjoy it while it lasts slaves.
And remember, talking bad about the boomers is wrong, mmmkay.
Hey conrad fuck off, I am boomer and I had no input on how this went down the last 30 years.
Just another victim of "The Man", right? Smoke another one hippie.
dude....WTF? how old are you? 12? 18? 29? you sure didn;t learn much in our public education system or college or post-grad or even here on ZH. Read much? YOU FUCKN' DOUCHE. The only "boomers" to blame are the ones in DC and on Wall Skreet. Get a life
cosmictrainwreck is apropos(a sordid hippie whose mind got bent too far on the brown acid). Until you learn how to spell and punctuate with the tiniest modicum of respectability, you will not address me in any other manner than Sir, and you will refrain from questioning the educational levels of others.
All boomers are to blame. They kept wanting more more more on the backs of their children. They sold this country straight into the shitter for false promises. Every single one of them is guilty. Now, if you're not too busy blowing one of those wrinkly old hoses(I suspect you are the other half of snowball's team), please kindly fuck off.
you are clearly entitled to your twisted, xenophobic, unenlightend, over-simplified, moronic and myopic opinion
Wish I knew how to +1 on the new site. They wanted it all and want their kids to pay for it. They sat around pushing papers their whole life and never learned any real skills despite knowing that their jobs would be replaced by computers that most of them were too lazy to learn how to use. They never saved anything for retirement despite decades of warnings that SS would not be enough to retire on. A whole generation of people that dont produce much of anything except more paper to push around. I love my parents but my dad is over 60 and never even learned how to change a tire.
Those of boomers that aren't like the above know that most of their peers are to blame, and are probably more disgusted by it than I am. Those that take offense probably fall into the above category.
glad you ( and Conrad) have got it all figured out....I sure don't. That's the point
At least you learned how to use a computer, judging from the fact you're able to post here, so you have a leg up on most of the boomers. That is unless you're posting from an Ipad. In which case, kys, there is no hope.
+1
+100, Conrad.
There sheer mass of boomers makes them responsible for all of this.
They voted with their pocket books until those were empty and now they're stealing from their kids' piggy banks.
I junk you. You had no input boomer boy? Were you busy drinking beer?
Would you like fries with that bitchez?
Except you can't pay your mortgage and your car with a teenage's wage.
You can't pay anything. Every time you save money you lose it as the dollar keeps falling.
Who cares if the iPads and computers are cheaper, healthcare food and energy are soaring every year.
That's what home equity is for. All we need to do is pump the real estate bubble back up.
Star blowing, we'll wait over there.
I never needed a "job" in high school, I ran the neighborhood lawn mowing cartel. I got a job when a oz of pot jumped from 10$ to 15$, talk about inflation.
Now an oz of fire runs 400, talk bout inflation!
I bet some Wall St guys are paying 600 an oz. those idiots pay $20 for a G&T, and $75 for a g of powder. and probably at least equivelent to $1000 per bj.
talk about the dumbest group of people that somehow fell into the most powerful machine controlling global affairs
correction: those ''sophisticated'' Wall St. kids drink vodka soda.
what tasteless humans
You can grow your own for much cheaper.
You forgot to factor in the hedonistic adjustment.....
I don't know about you but I'm pretty excited about the Tab Benoit article!
Whats next? Americans stealing agricultural jobs from illegal immigrants? Nah, I was told there are just some jobs Americans won't do.
This is pretty much the projected path (esp based on history). It's why I decided to be pro-active and buy a farm (in the making) and be my own boss.
John McCain says there are jobs picking lettuce in AZ that Merkans won't do for $45 an hour. I looked for WEEKS, turned out he was lying... I should have known, he is a politician...
Only if market forces are allowed to bring the wages and conditions upward, and laws are enforced.
...and that will get you the $20.00 tomato.
I see this at almost every restaraunt I go to here in Silicon Valley, bright-looking, well groomed and articulate adults waiting tables. I'm not talking fancy restaurants either, I'm talking Outback Steakhouse and The Elephant Bar.
:-(
I wouldn't dare tell them what I do and what I get paid to do it, they'd probably explode in a jealous rage and try to kill me.
We can't all gallop around the cosmos in spaceships. The world needs ditch diggers too...
OT the paste button doesn't work any more.
Come out of rich text mode, paste your quote, put "<p>" in front, "</p>" after, then go back into rich text mode.
Works like a champ. But it is a work-around.
Thanks for the help. Thanks +2 for the pretty view.
I wouldn't dare tell them what I do and what I get paid to do it, they'd probably explode in a jealous rage and try to kill me.
Do you handle the offshoring of tech labor?
Or do you just assume people waiting tables that are "well groomed and articulate" must hate their jobs and not get paid well?
There's something to be said for jobs that don't require burning one's brains out (spent many years in the tech industry): but, managing a farm isn't exactly mindless activity! And since it's all about winding down, the simpler jobs are sometimes all that's needed to make ends meet (when one has managable expenses). The fantasy of high-paying, clean-fingernail jobs is rapidly evaporating, not because "THEY STOLE OUR JOBS," but because the physical world cannot support the unsustainable practices that they operate under.
Every American and illegal deserves a chicken in every pot, an iPad, 4G, BMW or Audi and a McMansion.
At the Outback Steakhouse?! Are you fucking retarded or something?
Sorry I was not clearer for you.
The point is not everyone strives to have six figure incomes in some office. Some people actually thrive doing difficult, physical work that may not put them in the top 5% of income.
Do you actually know any servers/bartenders? Or are you just a a shitty tipper so you assume no-one in an apron is making any money at all even at The Outback Steakhouse?
I'm a great tipper, unless the service sucks...or I'm in Europe (but I repeat myself), but I also know that's several standard deviations out in the US.
I know a person who has the outlook you describe, a barrista in his 50s who offsets the lack of income from other gigs with such a "day job", but there are much more intelligent places to attempt to take that approach to life than Silicon Valley, undeclared income or no.
Outback is discusting. The workers there look like they don't wash their hands and have tattoos all up the arms. Walked in and right out...
they'll never see my sorry ass inside the doors simply because of their commercials with the genuine, bonafide erzatz, phoneyd-up Aussie-accented douche selling it. I mean how dumb do they think "we" are? [don't answer that]
Outback - tastes to me like the food is loaded with msg and tenderizers. Plus overpriced. And boring.
A good marinade and a hot grill is all you really need!
McDonalds - The final destination of home builders, construction workers, middle managers, stock brokers, state government employees, NASA employees, and finally federal government employees. You will really know the economy is dead when the most sacred jobs in the USA - defense contractor weapons engineers - start showing up slinging burgers.
Jeez, we all better start buying more burgers! We've got a lot of friends and relatives to support!!
I've been that bright, well groomed and articulate adult (46) server in the last couple years - I don't care what you do or what you get paid. However, if you are obviously well-to-do and a shitty tipper, you better watch your back (and your food).
You might be surprised by what some of us USED to do and USED to get paid. Dick.
Sounds like offshoring - a line of work that marks its practicioners of it for any form of justice available.
Amen. . . Yes_Questions mentioned that above with some other good points - doesn't sound like the Shat appreciates the improved dining experience. Hope he's getting loogies under the cheese on his burgers. Such condescension. It was actually was a lot of fun for a while waiting tables again and tightened my ass back up from merely hot to smokin' hot. But good old Shat will probably tap into the sweet 99 week teat if his gig gets ganked rather than lower himself to WORK.
They probably voted for Hope & Change. My guess is you pump & dump crap like Groupon with the Sand Hill Road VC con artist row. Get the masses buy the IPOs for shit Net stocks.
I'd bet they would give you a copy of their resume folded up under your CC receipt.
That cover makes me thing that Willaim Bonzai is freelancing.
Who needs a job when you can always solve your financial problem with credit cards and if it's really that bad there's always foodstamp. More over, this is only transitory. ;) wink wink!
Food stamps are a credit card now. There is no stigma anymore. Just charge it to uncle Sam.
U ken make me cheezburgerz pops!!!1
Ma iz deliverin' mah paperz in teh morning!1!!
Recuvery iz good bitchez!!1!
I ken haz hopium for farmworkerz job!1!!
(complete with current kidz speling and punkshuashun bitchez!!1!)
OMGZ!!!1!! +1 retweetz dat on FB like weezy f winehouse RIP
Recovery summer V3.0!!!
Don't worry kids. The Messiah will wave his wand by creating new snitching jobs. Anyone who opposes our great leader is to be reported immediately. Your reward, 10 peas and two potatoe increase.
http://thepeoplescube.com/images/StimulusPackage_EconomyEnha.jpg
The paper routes were taken years ago.
The misadventures of a 30-year-old paper-boy. Get A Life. Do you remember this sitcom?
LOL
+1 Chris Elliott was a riot on that show! Back when Fox shows were actually funny to watch!
We still have a kid (early 20's at the most) doing the papers in my 'hood. 4 AM and BOOM BOOM BOOM followed by 'BZZZZZZZ' of the muffler as he takes off in his Nissan. I'd kill for a forty year old paperboy!
All the kids are moping about the Grocery store taking breaks every hour on the hour because no one needs them that much. The hotties run the cash register. You can see the people lining up for the Hottie instead of three old cashiers with open empty lanes.
Yep. Someone was saying walmart is full of ugly people, but there are THREE hotties at the one on my corner. It looks like a sausagefest in those three lines lines whenever I'm in there.
McDonald's is soon to have more Phd'd employees working for them than NASA. Welcome to the New World Order.
I dispise McDonalds, but at least they can be (loosely) categorized under Food in the fundamental categories of Food, Shelter and Water. NASA? (which started out as a jobs works program for ex-NAZIs) Uh...
Time for people to get their heads out of the clouds and get back down to reality, to live's fundamentals- gonna happen no matter if you like the message or not.
Do you not get all of the food groups in a burger?
No, it's pretty much just all corn.
"corn" in all its multiple names, and GMO at that. . . plus mechanically reclaimed meat, GMO wheat buns, irradiated condiments. . .
basic feedlot fatteners really.
No 'amburger. Chee-burgah!
I can haz?!
NASA is a joke. It was good when the Germans ran it.
A kid who is trying to get a job at McDonald's is not THAT spoiled. Any adult willing to work at McDonald's instead of going on the Federal dole is not THAT worthy of scorn. You guys are mean motherfuckers this AM. How about a little compassion, bitchez?
Sorry, the "adults" had their chance. Instead of changing the unsustainable course, they sat idly by and spent their children into slavery. They deserve nothing but scorn. Party's over, time to pay the fiddler.
amen.
So, what you're saying is that this should be a social engineering project instead of a decision left to the markets (of who to hire)?
Not sure where you're getting that. Quote/cite my post speaking of social engineering so I can respond properly. Thanks in advance.
Sorry, the "adults" had their chance
The CLEAR inference being that "adults" should have no more chances, and that kids should have the jobs instead. How would this happen if NOT by some sort of mandate/dictate?
NOTE: I do not argue that kids need jobs, but there's a big can of worms on how one would look to influence this outcome. Can you say "Logan's Run?" (clearly social engineering)
Ah, a misunderstanding. That would have been more clearly stated as, "the adults had their chance at redeeming themselves for their political and economic failures"(then onto the scorn part).
It would be an odd sight if the youths started to picket places that hired old people instead of them. Beat on the boomers like scabs crossing the line. Scary world when that seems even remotely possible.
Yeah, I get what you're saying, but you have to be careful with words/logic (TPTB have lots of means for attacking weak arguments/positions).
But... all of this is failing to understand the real underlying causes, and that's the scarcity of physical resources (in which to continue current consumption, not to mention the inability to provide for continued growth).
As far as picketing businesses... isn't that condoning the grovelling of the next wave of TPTB's slaves at the feet of TPTB's businesses? And when the reversal of economies of scale really kicks in it'll be unemployment AGAIN, only this time mommy and daddy will also be unemployed. PROBLEM _NOT_ resolved! Only when we separate ourselves (all generations) from TPTB's structures will there be any sense of control for ourselves.
"kids" could do themselves a huge favour and BOYCOTT the fud at these places - it's unfit for nutritional needs, and introduces many substances into the body guaranteed to undermine health, and put you on the slippery slope of consumer pharma, that often neglected leg of the Military/Industrial/Banking stool - and by stool, yes, shit!
anyone still eating "out" in chain restaurants. . . /sigh.
This sounds strangely bigoted and close minded. What chance? The American Dream has existed only in isolated times and spaces, stymied all along by the slowly shifting PTB.
In California in 1840 the American Dream might have been real for entire communities. The same was true in Idaho, Montana, and other western states. New York in 1927 was probably pretty blissful, and many people made much of themselves, my grandfather included, only to lose it all in the 1st Great Correction. To finish the story, granddaddy made the millions back, only the familial link was broken when grandmother dies, and dude remarried to a controlling bitch. Rumor has it he owned a square mile around Spring St.
But seriously, half my high school never had a chance from the start, and that was a decent school. Blaming unemployment on people who cant get a decent job is like blaming the horse with blinders on for not stopping at the train tracks with a train coming
The pizza guy looks high.
If I was his age and delivering pizzas I'd be baked out of my mind, only way I'd probably be able to deal in a situation like that.
LMAO! Too true, but for the grace, go I.
Seems to me that an angry unemployed youth can be a volatile generation.
In the old days a young man was a strong man.... but now the old man has all the money!
http://www.youtube.com/watch?v=cZtRedcmTIQ
We dont need your stinking money old bitchez! We will keep working under the table, selling drugs and staying under the radar in an effort to not subsidize your ponzi SS. And, when your SS checks stop coming in and your are left with your fiat savings being ripped apart by inflation, we will see who is strong then! Cat food for you boomers!
Haha, right on, the boomers bought shwag from the mexicans, the young mastered hydroponics and made bank. The boomers ate L from the CIA, the young extract deemz and see the real light.
uh yeah, you sound real enlightened there. . . McKenna was a "boomer" too, but you just keep puffin' yerself up with fantasy "real light" son.
not everything you've read about "the past" is true, and you apparently weren't around to experience it - generalisations, hearsay and peer groupthink don't make for a lived philosophy.
this is what Larry Summer's recovery looks like... he has now been vindicated
Think of it as the chemical burn and the realisation that only after you lose everything are you free to do anything-TD
Now that is funny! Actually, I think he is gonna live in a hollowed out tree and bake cookies.
i could see tiny tim as a keebler elf!
That was funny, fast, and of the highest quality.
I just knew you had something to do with that Lousiana headline thing... LOL
Hilarious. WB7 is always spot on
Banzai,
You should have let the "L" in weekly show through on center of his forehead !
Come on - are you getting old ?
Damn you're good! That is funny as hell.
That's a keeper! :)
When I was a teenager, we were the dishwashers, paperboys, laboreres, cleaners, porters, gophers. Then the small business owners got greedy, the parents got over protective, and the people in general didn't give a rats arse. Now it has come full circle with the adults begging for previously to dirty for me jobs.
"My young men shall never work. Men who work cannot dream, and wisdom comes to us in dreams."
—Smohalla, (quoted in James Mooney's 'The Ghost Dance Religion and the Sioux Outbreak of 1890' and Julia Blackburn's The White Men, 1979)
Isn't this the reason why Obamacare pushed Healthcare coverage for old age children up to 26 onto the backs of their parents. Time for these lazy ass kids to get off the duffs and do like we did when we were young. There wasn't any playstations back then. We had playgrounds to exercise. No I-phones. We had good lungs to call out our friends. Its no wonder we have an obesity epidemic. Its time for all fat girls to get on your bikes and ride. haha.
Nah. Work ha! The fucking indians had it right before some of your gran-pappies slaughtered them. My dumbass white breathren ruined the hunting, fishing, smoking, camping and the basic enjoyment of the outdoors. All in the name of mcmansions, hummers, commercial properties, ishits and a never-ending workday. Shows you how dumb we have become as a society!
May I recommend, The Century of the Self, to anyone wishing to understand why/how we became such slaves - http://www.youtube.com/watch?v=IyPzGUsYyKM
+1
Yeah! The non-lazy are slaving away making, well, those Playstations! And, ah...
We made our kids what they are and we profited off them. Reminds me of a discussion with some dumb-fuck over the condition of the then-yet-to-go-into-meltdown housing market (when the "B" word was just starting to emerge, and long after I sold my home). This moron (a right-wing idiot to boot) all but accused me of propagating liberal BS. He had three houses. Said that all the younger folks were going to be there to buy the houses. And then on the "left" side were the union-types "negotiating" to keep their retirement and medical coverages, who did so at the expense of reduced starting salaries for new workers: yeah, gonna retire and sell my home to those who are making, ah, well, oh shit!
News flash: the overwhelming majority of "non-lazy" jobs are BS, jobs that only have a place in an unsustainable world, jobs that WILL go away.
Bitchez?
Everyone digging latrines and chopping wood leaves a bit to be desired as a Utopistic vision.