Published: Monday, Nov. 12 2012 10:00 a.m. MST
Sounds like an interesting interview, it would be nice if the Des News article
chose to get a little more into the details. Guess I'll look it up myself.
This is not news, but if people still think the job market is as it's been
then maybe it's good that this guy is talking in the news about it.
This is, like, half of a story. Okay, so the traditional model is dead. That
begs the question, what has replaced it?
So, What's the New Model...?????
What I don't like about this article is the CEO doesn't expound on
what he thinks the new model is like. I would be very interested on his take!
@TheHOYT:"Okay, so the traditional model is dead. That begs the
question, what has replaced it?"The new model is... you bring
hot-shot foreign students in, educate them, give them a job, they make note of
the business/manufacturing practices/secrets, go back home, set up shop, and
compete. Often includes patent infringements and other illegal activities.
Way to leave me hangin. You caught my attention now finish the artcile please.
The new model? That's fairly obvious post election. It's called
I think Leo hit the nail on the head. LOL
My interpretation: Pay and benefits will decrease. Foreign labor with visa is
available, so why pay a college educated American citizen more money.
Entitlements such as welfare will supplement income rather than higher pay. The
college degree might get you into the door, but don't expect to be
pampered. More American workers will need to find employment in other countries.
Employers will cut costs to cover high cost of running a business.
Um... first off, this guy talks weird. Second, there were no details given.
Anyone can say its 'dead', the more compelling sentiments would have
been where the new paths will be forged or changed.I just wasted 3
minutes of my life.
Not much of a story too much missing info. Even less compelling is tagging
entitlements as a wage source it shows an out of touch perspective . The modern
corporate working model is closer to out-source when possible, hire visa workers
as much as possible, if you must hire Americans make them independent
contractors to avoid paying benefits and strive to keep wages as low as possible
to maximize profits.
The new model is that half of Americans work and the other half binge off of the
taxes of the 1st half, so if you are lucky enough to be in the work force then
you will be working the rest of your life. No "retirement in a hot
If you are 16 years old, take my advice. Drop out of the worthless public high
school you probably currently attend. You're wasting your time there. Get
ANY possible job you can find, without doing anything criminal of course. Even
minimum wage will go a long way in this horrible economy, especially as a single
without dependents, living at home with mom and dad. When you cash your
paycheck, buy gold, Japanese yen, Hong Kong dollars, anything that won't be
worthless in the next ten years like the US dollar. Only don't go blow your
money on anything else like video games. Believe me, there are 30 and 40 year
olds still living with mom and dad that don't have a job and don't
have any assets whatsoever to their name. Some of them are college grads even.
Don't be like them. Instead, when you turn 30 to 40 years old, while your
peers are moving in with their folks, saddled with student loans, move out with
a pretty decent POSITIVE net worth. Maybe even enough to retire. Especially if
you move abroad where taxes and the cost of living are low.
What school did this CEO attend? And you're going to replace the
traditional school systems? Good luck at that!
This is a bunch of Yuppie bologna going around right now. There are a dozen
stories about the traditional career path being antiquated. They say it's
all about ingenuity and thinking out of the box. It's not.The
fastest growing career field is in medicine, a very traditional career that
requires a lot of traditional education. This is the equivalent of a eastern
alternative medicine guru saying that western traditional medicine is dead.
It's not either.Lawyers are traditional and still the backbone
of business. MBA are still being hired. Sorry, you're just wrong.
Pulitzer Prize winning article. What most of the public is not aware
of is that Obama's mandate of the 47% 'all handouts' is the
career path of the future, duh!
Hoyt, all good comments but you missed on thing. NO ONE GOES BACK HOME. They
all stay here. Those that come here are in no way wanting to go back home. If
they do, it is because of a visa rule that forces them to go home. However,
they can often get around that these days. Once you've had America...you
aren't going back.
I saw the interview last night. He danced around the subject without
"offending" anyone, but essentially he said schools are producing a
bunch of lazy, entitled students that have no skills in anything useful. I kept
shouting (inside), "Just say it, just say it". He did say Alcoa has lots
of job openings, but nobody with the talent to hire.
What happened to the rest of the article? That was a silly waste of time.
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