The upper tier is still doing pretty well. But the lower tier of the New Class — the machine by which universities trained young people to become minor regulators and then delivered them into white collar positions on the basis of credentials in history, political science, literature, ethnic and women’s studies — with or without the benefit of law school — has broken down. The supply is uninterrupted, but the demand has dried up. The agony of the students getting dumped at the far end of the supply chain is in large part the OWS. As Above the Law points out, here is “John,” who got out of undergrad, spent a year unemployed and living at home, and is now apparently at University of Vermont law school, with its top ranked environmental law program — John wants to work at a “nonprofit.”
…but at least it will be an eco-friendly toilet. It’s really infuriating that the administration continues to bail out the foolish and irresponsible with the money of the productive.
[Update a couple minutes later]
More brilliant government “investment” decisions. As he notes, these clueless idiots think that any dollar spent by the government is an “investment.”
Dana Rohrabacher makes the case. He doesn’t seem to be consistent in his terminology, though. He starts out calling them “fuel” depots, and later switches to “propellant.”