Friday, March 05, 2010

U.S. Headed In Greece's Direction

Greeks have lately taken to the streets to protest austerity measures that are absolutely necessary if their country's government is to avoid insolvency.  The U.S. is now beginning to experience the same phenomenon:

Anger over increasing tuition and school budget cuts boiled over as students across the country staged rowdy demonstrations that led to clashes with police and the rush-hour shutdown of a major freeway in California.


I had the misfortune to be on a Muni train in San Francisco with some protesters yesterday afternoon.  They were all college kids headed to the Civic Center to voice their displeasure with state budget cuts.  Generation Z has been told that they deserve to have everything handed to them, and now they're up in arms that "entitlements" like four years of susbsidized drinking are about to be ripped from their hands.  I felt sorry for them as I watched them flood out of the train.  None of them have a clue about the budget train wreck awaiting California.  None of them have any alternative ideas for keeping state colleges funded.  None of them will likely be able to make full use of their degrees in sociology, psychology, political science, media studies, gender studies, ethnic studies, nonsense studies, useless studies, and crapology in the years of underemployment awaiting them after graduation. 

I'd suggest that these kids digest James Altuscher's recent article on how a college education has become a poor investment.  He's absolutely correct.  Hey, Gen Z:  Quit wasting time protesting and go learn a skilled trade making something useful.  It will pay off for you much more than your bachelor's degree ever will.