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Old 03-16-2010, 06:13 PM
 
784 posts, read 2,730,935 times
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Quote:
Originally Posted by mcb1025 View Post
I'm more concerned with opportunity cost. With all the money you're dumping into school, you want to have some certainty that it will pay off.

I saw a job posting the other day on Craigslist. It was for a civil engineer position. Pay: $15/hr. Hmmm....

Civil Engineer -Entry Level (http://denver.craigslist.org/egr/1638145749.html - broken link)
Really? Lockheed Martin recruited engineers at my university. Pay: $80K+ / yr. Hmmm....

You can spew off example after example after example, but it proves nothing.
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Old 03-16-2010, 06:19 PM
 
784 posts, read 2,730,935 times
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Quote:
Originally Posted by tablemtn View Post
Also, let's be honest - a significant chunk of the population simply doesn't have a capacity for math. Something a bit conceptual like calculus is simply going to be mostly beyond the grasp of a fairly large percentage of people, regardless of how much they try.
Nobody is born with the inability to learn math. And let's be honest here - a significant chunk of the population will attend some second or third tier college because they bombed the math portion of their SAT's, major in something like English, and work in Starbucks for a very very long time.
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Old 03-16-2010, 06:29 PM
 
1,960 posts, read 4,666,334 times
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Quote:
Originally Posted by NYCAnalyst View Post
Really? Lockheed Martin recruited engineers at my university. Pay: $80K+ / yr. Hmmm....

You can spew off example after example after example, but it proves nothing.
Bull. I work with LM senior engineers. They know the score in the cauldron level. 45K entry level, data mining babysitters without a face in windowless honeycomb city and laid off like clockwork as they re-hire newbies every 5 years or when the contract expires. 2.5% raises tap out, pretty lack luster stuff.

80K is about what a 10+year guy is making after brown-nosing the right contacts and getting plenty lucky contract-cycle wise. That's still chump change for doing drudge work half of your productive life, and have no paycheck stability to show for it.

The folks at Lockmart may have told you they were gonna pay those guys 80K as they shredded the stacks of paper resumes behind the booth, but that ain't even close to the median salaries these dolts are getting paid. 80K is tap-out money, not even in the next universe to starting salaries.

Misinformation is a powerful tool in the appeasement of the stiffed-over.
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Old 03-16-2010, 06:43 PM
 
784 posts, read 2,730,935 times
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Quote:
Originally Posted by hindsight2020 View Post
Bull. I work with LM senior engineers. They know the score in the cauldron level. 45K entry level, data mining babysitters without a face in windowless honeycomb city and laid off like clockwork as they re-hire newbies every 5 years or when the contract expires. 2.5% raises tap out, pretty lack luster stuff.

80K is about what a 10+year guy is making after brown-nosing the right contacts and getting plenty lucky contract-cycle wise. That's still chump change for doing drudge work half of your productive life, and have no paycheck stability to show for it.

The folks at Lockmart may have told you they were gonna pay those guys 80K as they shredded the stacks of paper resumes behind the booth, but that ain't even close to the median salaries these dolts are getting paid. 80K is tap-out money, not even in the next universe to starting salaries.

Misinformation is a powerful tool in the appeasement of the stiffed-over.
Lockheed Martin Salaries | Glassdoor.com

Keep in mind, they were hiring Masters and PhD students as well as undergraduates at my university.
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Old 03-16-2010, 07:41 PM
 
78,477 posts, read 60,679,264 times
Reputation: 49803
Quote:
Originally Posted by floridasandy View Post
if the actions of national geographic had the same financial impact as the actions of citigroup, i would agree with you.

i don't remember us being forced to give 45 billion to the national geographic writers, though.

or this from marketwatch today:
NEW YORK (MarketWatch) -- Maybe this is how Citigroup Inc. Chief Executive Vikram Pandit plans to return the bank to profitability.

Thumbing its nose at proposed financial reform that would curtail risk-taking at big financial institutions, Citigroup (C 4.04, -0.01, -0.25%) is beefing up its proprietary trading desk in hopes of capturing more profits, according to a Bloomberg report. See Bloomberg report.
Sandy. Go back and read the link...then the comments. It's a report by ANALYSTS not the CEO's etc.

It's just some citi analysts talking about the growing wealth gap and how it may impact investing opportunities. Pretty much "duh" stuff that people havent bothered to even read.
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Old 03-16-2010, 07:45 PM
 
78,477 posts, read 60,679,264 times
Reputation: 49803
Quote:
Originally Posted by Randomdude View Post
Engineers and computer scientists jobs have been being shipped to India wholesale since the late 90's. In fact, these were some of the first white collar jobs that were shipped in large amounts. Please dont pretend like this is a new thing.



I never said the hard sciences or math based things arent good in COMPARISON, (on the contrary, Ive made numerous posts touting engineering as a profession recently) the problem is, you act like there is some huge demand for anyone who is willing to do it, and so many Americans have crap jobs because they shy away from math and science. That really isnt the full story, and you know it.
I think that you and I are mostly in agreement here, just suffering from semantics.

I'm merely decrying US the US culture of anti-intellectualism. I make no guarantees about economic situations for any specific profession.

Supply\demand etc. always play a role.
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Old 03-16-2010, 07:47 PM
 
78,477 posts, read 60,679,264 times
Reputation: 49803
Quote:
Originally Posted by hindsight2020 View Post
Bull. I work with LM senior engineers. They know the score in the cauldron level. 45K entry level, data mining babysitters without a face in windowless honeycomb city and laid off like clockwork as they re-hire newbies every 5 years or when the contract expires. 2.5% raises tap out, pretty lack luster stuff.

80K is about what a 10+year guy is making after brown-nosing the right contacts and getting plenty lucky contract-cycle wise. That's still chump change for doing drudge work half of your productive life, and have no paycheck stability to show for it.

The folks at Lockmart may have told you they were gonna pay those guys 80K as they shredded the stacks of paper resumes behind the booth, but that ain't even close to the median salaries these dolts are getting paid. 80K is tap-out money, not even in the next universe to starting salaries.

Misinformation is a powerful tool in the appeasement of the stiffed-over.
Stop living on the coasts and paying 9k in property taxes a year for a crap house. Might be surprised how far 80k can go. :dubious
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Old 03-17-2010, 05:16 AM
 
12,867 posts, read 14,923,778 times
Reputation: 4459
Quote:
Originally Posted by Mathguy View Post
Sandy. Go back and read the link...then the comments. It's a report by ANALYSTS not the CEO's etc.

It's just some citi analysts talking about the growing wealth gap and how it may impact investing opportunities. Pretty much "duh" stuff that people havent bothered to even read.
aren't the analysts listed on the left side, and aren't they citigroup employees? i didn't read the whole thing obviously, but i certainly was interested in some of the summaries, including why the plutocracy, oops plutonomy, will grow and attract new countries.
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Old 03-17-2010, 07:10 AM
 
Location: Denver, CO
1,278 posts, read 2,313,756 times
Reputation: 929
Quote:
Originally Posted by NYCAnalyst View Post
You again? Weren't you that guy who claimed that Liberal Arts majors had some value? Some good that did you.

I AM the person that automates other people's positions. I guess those skills are something you don't learn with a Liberal Arts degree.
Haha okay. I'm 24 and an operations manager for a major MNC telecom company. I guess I did alright
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Old 03-17-2010, 08:27 AM
 
Location: Denver, CO
1,278 posts, read 2,313,756 times
Reputation: 929
Quote:
Originally Posted by Mathguy View Post
I'm merely decrying US the US culture of anti-intellectualism.
You are so right on with this point. It doesn't surprise me that some of the most successful shows on tv today are dim-witted reality shows about party animals who constantly engage in bar fighting and other drama-filled antics. It seems a growing percentage of our population is becoming increasingly simple-minded. The fact that so many can be entertained by such mind-numbing crap is quite revealing, IMO.
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