A Quote by Mike Rowe
We are lending money we don't have to kids who can't pay it back to train them for jobs that no longer exist. That's nuts.
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If we are lending money that ostensibly we don't have to kids who have no hope of making it back in order to train them for jobs that clearly don't exist, I might suggest that we've gone around the bend a little bit.
If you’re not familiar with it, a college degree is a thing that we tell our kids to buy with money they don’t have, in hopes that it will help them make money they might earn, which will give them the ability to pay back the money they spent in order to make the money they’re paying it back with.
Our biggest challenge in this digital age that we are entering is how do we effectively begin to train people for the jobs that are going to exist and not have them be stuck on jobs that are going to go away? And this is a big deal. And it requires the businesses of this country to, in my opinion, first of all, demand changes in the education system and also develop innovative, creative ways to have industries train people for the skills that are necessary for the jobs that are coming.
What do the 5%, or the 1% actually use their money for? They lend it back to the economy at large, they load it down with debt. They make their money by lending to the bottom 95%, or the bottom 99%. When you give them more after-tax income, it enables them to buy even more control of government, even more control of election campaigns. They're not going to spend this money back into the goods-and-services economy.
Basic US economics tells us that back-of-the-house workers are very unlikely to get more pay overall. The fact that workers are in those jobs means employers are already paying them what they need to pay them to get them in the current environment. If employers do share some tips with them, it will likely be offset by a reduction in their base pay.
We need money to scale up the services that bring medicine to mothers. The United States government's doing that. There's a global fund that's providing money. mothers2mothers provides for mothers who come in who don't have education, who don't have support. mothers2mothers employs mothers with HIV, mothers who were patients recently in the very same facilities. We take those mothers who were patients who've had their babies, we bring them back, we train them, we pay them, to be health care professionals.
It's interesting because the Thai king says there's no prostitution in Thailand, it doesn't exist, so the prostitutes don't pay taxes. They can work other jobs if they want and put away money, maybe leave when they're 40.
If you wanted to create jobs in a way that has minimal effect on the deficit but has government action, the two best things you could do are the infrastructure bank and a simple SBA-like loan guarantee for all building retrofits, where the contractor or the energy-service company guarantees the savings. So that allows the bank to loan money to let a school or a college or a hospital or a museum or a commercial building unencumbered by debt to loan it on terms that are longer, so you can pay it back only from your utility savings. You could create a million jobs doing that.
Look, they have taken our jobs, they have taken our money, and on top of that they have loaned the money to us and we actually pay them interest now on money. We owe China and Japan each $1.4 trillion.
I pay people very, very well - probably more than I have to. But that costs me less money in the long run because I'm not having to constantly train somebody. I pay them enough that they don't go seeking a higher scale at the next restaurant.
The comic-book industry today is not what it was back then, unfortunately. Kids are no longer interested in reading comic books; they've got television and the electronic games that they can bury themselves in like ostriches. They don't have to pay attention to what's going on in the world around them.
Physics is becoming so unbelievably complex that it is taking longer and longer to train a physicist. It is taking so long, in fact, to train a physicist to the place where he understands the nature of physical problems that he is already too old to solve them.
If our American women are going to work to put food on the table and pay for the mortgage, then we better make sure that they get put into jobs that pay well and that pay their worth. That's why I'm such a huge advocate about computing jobs, because those are the jobs.
You know what they want? They want obedient workers. Obedient workers, people who are just smart enough to run the machines and do the paperwork. And just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and vanishing pension that disappears the minute you go to collect it. And now they're coming for your Social Security money. They want your f**kin' retirement money. They want it back so they can give it to their criminal friends on Wall Street.
We continue to fight for good jobs that pay well and jobs that last. Helping to get folks back to work is about helping them to regain their dignity and pride. That's what families care about.
When I say the economy is shrinking, it's the economy of the 99%, the people who have to work for a living and depend on earning money for what they can spend. The 1% makes its money basically by lending out their money to the 99%, on charging interest and speculating. So the stock market's doubled, the bond market's gone way up, and the 1% are earning more money than ever before, but the 99% are not. They're having to pay the 1%.
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