Fugly I think he's saying that the market for educated professionals is over saturated and a degree no longer carries the weight it once did because its everyone has one.
I've often wondered if part of the problem isn't our modern view of childhood. We've extended adolescence well into our early 20's and encourage our young to stay that way for as long as possible. Kids aren't expected to work hard and help provide for the family anymore instead they should be playing and enjoying childhood with little to no worries, sheltered from the harshness of the real world. Perhaps that slow immersion into the real world was crucial towards developing adult who understood responsibility and hard work. Have we in our desire to build the perfect world for our children created a society full of adults who were never taught how to be adults?
Is hard work and living within your means the answer? To some extent, there is always money to be made for somebody who isn't afraid to get dirt under his finger nails (are you willing to mow lawns, dig ditches, work a harvest or deliver papers to keep yourself afloat?) or go to night school and study hard regardless of the 10 hour shift he works everyday. Do we really need that new car this year? Is it the answer to all of our problems? Of course not but it certainly couldn't hurt.
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“My god I must have missed it...its hell down here!”
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