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Old 03-07-2003, 01:21 AM  
cluck
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Join Date: Dec 2002
Location: New Jersey
Posts: 5,248
I should also throw in the fact that high tech jobs don't exist. 4 years ago I was a sophmore in high school. I went to a college fair at school and I was told that if I get certified in Cisco networking I would be guaranteed a starting salary of either $80,000 a year or $150,000 a year. Now see what happened? Everyone got these high tech degrees and seriously, how many jobs are there in networking? Establishments that need sysadmins have thousands to choose from for a handful of positions. So it's time for these guys to get a blue collar job. Where did all the blue collar jobs go? Countries like China because they can be paid 1/100 to 1/1000 of the salary they'd get here.

Plus you've got the problem of the already poor areas. Kids are born into a situation where they can't get schooling, and can't even get a job at a factory because they're all gone. They have 2 choices: crime or debt. Most choose both.

Now I don't know if any of you are familiar with how life in the hood works, but here it goes:

You need a place so you live in the projects. You've got a place, you need to eat. You either get a refrigerator so you can store your own food or you eat out. Eating out is expensive but you dont have the money for a fridge so you do it anyway. Eventually you decide you really need the fridge but cant afford it, so you rent one. Renting one can end up costing you 10x more than the actual fridge would but you just dont have the cash to get one yourself and in the ghetto you don't have credit. That's an average life in the hood.

Now the middle class seems to be doing good for themselves, but the truth is that they're all in debt, and their assets are losing value like crazy. 401K is going to hell, stocks are going down, the kids who were being trained to be sysadmins and graphic artists are staying home, and their student loans are growing. At the same time gas is getting more expensive, college is getting more expensive, goods are made to be less durable, etc.

In essence, fucked.
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