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Graduating college students facing bleak job market

The college graduating class of 2012 is in for a rude awakening as they head out into the workforce. A new study says half of all college graduates are unemployed or underemployed. KXLY4’s Colleen O’Brien reports.

Duration : 0:2:33

  1. John Dyer Nov 17th, 2012 @ 04:54 | #1

    Proverbs 22:7 ” the …
    Proverbs 22:7 ” the rich rule over the poor and the borrower is servant to the lender.” What is God trying to tell us through this verse? He is trying to warn us to stay away from debt because debt will put you in bondage. Why are we not teaching this knowledge to our children in our schools? We teach them everything else, why are we not warning them about the dangers of debt?

  2. Onieracraft Nov 17th, 2012 @ 04:54 | #2

    1) How are you …
    1) How are you defining “upper class”

    Well we have examples for however you would like to define it, culminating in figures like Carnegie ( mentioned earlier) who became one of the wealthiest men in the country AS A FIRST GENERATION IMMIGRANT, starting out as a factory worker.

    If the structure in Feudal and Aristocratic Europe was so similar, why was the elevation of penniless commoners into the ranks of the Aristocracy in that case so profoundly rare by comparison.

  3. ManofChrist101 Nov 17th, 2012 @ 04:54 | #3

    Not exactly.

    1) …
    Not exactly.

    1) How are you defining “upper class”
    2) Show me your source of data
    3) Since the U.S. is essentially a transplated europe can you really separate the class structure here from in europe?

  4. Onieracraft Nov 17th, 2012 @ 04:54 | #4

    Well you of course …
    Well you of course have the freedom to think as you will, but I have given you some pretty conclusive facts.

    People with virtually nothing immigrating to a country with millions of inhabitants and graduating to the upperclass within two, three and in some cases even ONE generation is not compatible with the classical notion of an Aristocracy.

  5. ManofChrist101 Nov 17th, 2012 @ 04:54 | #5

    I guess we just …
    I guess we just have to agree to disagree on whether or not america is an aristocratic ologarchy

  6. Onieracraft Nov 17th, 2012 @ 04:54 | #6

    I was not talking …
    I was not talking about Native Americans. I was talking about the Europeans that started to immigrate here from about the mid 1800’s on in comparison to the millions of Americans already here.

  7. ManofChrist101 Nov 17th, 2012 @ 04:54 | #7

    excuse the misspel. …
    excuse the misspel…the last word should say “world” not “word”

  8. ManofChrist101 Nov 17th, 2012 @ 04:54 | #8

    America’s economic …
    America’s economic practices are identical to the feudal and aristocratic societies,

    But you have to consider something. The immigrants comming here, most of them have been the descendants of european society, whereas the native americans didnt have money economies for the most part. We had trade economies. Thew new immigrants brought the old world lifestyle with them over here, making this much more similar to the old word.

  9. Onieracraft Nov 17th, 2012 @ 04:54 | #9

    There were millions …
    There were millions of people here before those immigrants arrived. If America was identical to the old Feudal and Aristocratic societies, you would not have immigrants becoming part of the upperclass in two or three and in some cases even in the very first generation (Andrew Carnegie) . In 2012 most Americans are immigrants, but while all of this was unfolding they were not.

  10. ManofChrist101 Nov 17th, 2012 @ 04:54 | #10

    That is due to the …
    That is due to the difference of the u.s’s established history.

    You could say that most millionares are descendants of immigrants,
    But then again most of the nation is descendants of immigrants.

    So that means the millionares are bound to be immigrants’ descendants

    If we were in a country that was landlocked with other countries im quite sure you would see more “old aristocracy”

    Btw ..our discussion reminds me of the great gatsby

  11. Onieracraft Nov 17th, 2012 @ 04:54 | #11

    I thought fact 2 …
    I thought fact 2 was supposed to be a fact about human existence in the world in general (the equivalent of the principle of scarcity) rather than a fact about individuals. if we’re talking about individuals consider this.

    In Feudal and Aristocratic societies the upperclass remained in place century after century. In the U.S. the descendents of immigrants who arrived here with nothing make up the “Wealthy Capitalists”. 86% of millionaires today didn’t grow up in a house of millionaires

  12. ManofChrist101 Nov 17th, 2012 @ 04:54 | #12

    Its true that the …
    Its true that the kingdom of God is within us, but Christ hasn’t come back to rule over it yet. As for fact 2. i specifically meant physical wealth in the sense of money. Think of it this way…if i have the ingenuity to invent a device, but not enough money to get a patent, then i cant secure my right to benefit from my invention.

  13. Onieracraft Nov 17th, 2012 @ 04:54 | #13

    I thought the …
    I thought the Kingdom of God was within you? (Luke 17:21) Anyway…

    Fact 2 is not accurate except with certain qualifiers. The greatest wealth on the planet is human ingenuity because it is the species of wealth capable of expanding all other forms of wealth, and human ingenuity is unlimited. The free market has proven to be the greatest means by which to unlock human ingenuity.

  14. ManofChrist101 Nov 17th, 2012 @ 04:54 | #14

    Fact 2 is why i …
    Fact 2 is why i look forward to the kingdom of my Lord Jesus Christ.

    He said to each of us “I go to prepare a place for you that where i go you may be also…in my Father’s house are many mansions”

  15. Onieracraft Nov 17th, 2012 @ 04:54 | #15

    If fact 2 is true …
    If fact 2 is true there is no point to human civilization anyway, it is ultimately doomed.

  16. ManofChrist101 Nov 17th, 2012 @ 04:54 | #16

    Capistalsm not …
    Capistalsm not working isnt rheotic, its fact. and i will use facts to demonstrate.

    Fact 1. Capitalism is predicated upon financial competition.
    Fact 2. There is a limited amount of physical wealth available
    Fact 3. Wealthy Capitalists Seek to preserve thier level of wealth
    Fact 4. Wealthy people keeping money leaves less money for others to compete for
    Fact 5. Those not born wealthy will be intrinsically competing for less
    Fact 6. Those competing for less suffer due to being born unwealthy

  17. Onieracraft Nov 17th, 2012 @ 04:54 | #17

    You wrote ” …
    You wrote “Capitalism doesn’t work” , that is spewing rhetoric without facts. What I did was simply give a fact concerning the present economic crisis.

    You cannot blame Capitalism for not working because of a crisis that revolves entirely around a financial instrument (the subprime mortgage) that was invented by the government.

  18. ManofChrist101 Nov 17th, 2012 @ 04:54 | #18

    All you did just …
    All you did just now was spew rhetoric without one fact. I’m guessing youre an upper middle class republican who desired to be rich one day.

    The subprime mortgage crisis was actually caused by de-regulating the housing market due to predator captialists who wanted to financially enslave lower income homeowners to debt.

  19. Onieracraft Nov 17th, 2012 @ 04:54 | #19

    No Socialism …
    No Socialism doesn’t work. Do you know what this crisis is called? The subprime Mortgage crisis. Who invented the subprime mortgage ? The government.

  20. The3nlightened0ne Nov 17th, 2012 @ 04:54 | #20

    Communism is …
    Communism is better.

  21. ManofChrist101 Nov 17th, 2012 @ 04:54 | #21

    Capitalsm just …
    Capitalsm just doesnt work

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