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PostPosted: Tue Nov 30, 2010 5:11 pm 
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Its the kind that can hold their right knee up at odd heights for extended periods of time?


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PostPosted: Tue Nov 30, 2010 5:17 pm 
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I'm really worried about what's going to happen to the economy and government budgets as a huge amount of young people enter the workforce and learn that heading straight to welfare is literally their best option, or the ones working at Wal-Mart or wherever waiting until "conditions improve" realize that conditions will never improve, and that they have basically no chance of ever advancing in any position as the entire workforce has skipped their generation. For a lot of people their college degree doesn't qualify them for any job that pays more than welfare does. I personally got lucky and got some experience before the bottom completely fell out so I'm still somewhat employable, but I'm now seeing requirements of a Master's Degree and 5-years experience for an "entry-level" position paying $14/hour.


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PostPosted: Tue Nov 30, 2010 5:19 pm 
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Xequecal wrote:
I'm really worried about what's going to happen to the economy and government budgets as a huge amount of young people enter the workforce and learn that heading straight to welfare is literally their best option, or the ones working at Wal-Mart or wherever waiting until "conditions improve" realize that conditions will never improve, and that they have basically no chance of ever advancing in any position as the entire workforce has skipped their generation. For a lot of people their college degree doesn't qualify them for any job that pays more than welfare does. I personally got lucky and got some experience before the bottom completely fell out so I'm still somewhat employable, but I'm now seeing requirements of a Master's Degree and 5-years experience for an "entry-level" position paying $14/hour.
Remind me who you said was insane when I said we were heading that way a little while ago.

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PostPosted: Tue Nov 30, 2010 5:26 pm 
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I never disagreed with you that we're awarding too many degrees, I just never liked the idea of limiting it based on ridiculous arbitrary factors (like making mechanical engineers master Latin) that provide no benefit to anyone other than reducing the amount of degrees awarded.

The total lack of employment for my generation is just terrifying. When I say welfare is the best option, I'm not referring to a lack of work ethic, I mean that for many people they have basically no prospects of ever outearning welfare even if they work their asses off at some job for 5+ years and have the best performance reviews ever. Normally such employees in retail and fast food get bumped up to manager with a higher salary, but getting a manager position requires there be one available, and with companies closing stores and people not retiring, there aren't any. Instead they just hit the glass ceiling of $8 or $9/hour for such positions and can never advance further. Continuing education is also questionable, I have a friend who graduated this year in Biology and not only are there are no jobs for him, further education is also pointless. He's looked into things like going for pharmacy tech or med tech and the best of these programs now have class sizes at least five times the expected placement. Yeah. that's a great investment to spend $10,000+ on, and that's a field that's supposed to have excellent growth potential. What's worse is you have middle-aged people in these programs who have been working for 20-30 years, and it doesn't matter if you have a 4.0 GPA and glowing recommendations from everyone, a 27-year old is simply not getting hired over a 50-year old for the same job with the same certificate.


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PostPosted: Tue Nov 30, 2010 6:44 pm 
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Just get a degree in engineering or CS and you won't have many issues.

http://mashable.com/2010/04/29/vc-recovery-2/
Quote:
Rise in Tech Investment Could Signal Economic Recovery

Around the world, venture capital investments are seeing a marked uptick — a 13% increase in investments was made in Q1 2010 alone. In all markets except Europe, VC seems to be slowly crawling up from the all-time lows of the recession.

Earlier this month, we showed you a report that confirmed VCs were getting more funds than they had received since the beginning of the 2008 market crash. We wondered if this recovery would trickle down to investments in tech startups. Today’s report from Dow Jones gives us more cause for optimism — while Q1 2010 amounts and deals aren’t as rosy as the figures seen in Q4 2009, year-over-year numbers show a definite if modest rise.

Not only are VCs’ funds being replenished, they’re also making more deals than they were in previous quarters. Globally, 919 venture capital deals were inked in Q1 2010. These investments totaled $7 billion. The U.S. market accounted for the majority of both deals made (65% of the worldwide total) and dollars invested (67%).

The data show that in the U.S., tech deals account for more of the total than other types of investments, and that the trend toward smaller, more cautious dollar amounts for financing rounds continues.


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PostPosted: Tue Nov 30, 2010 9:28 pm 
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Ladas wrote:
Its the kind that can hold their right knee up at odd heights for extended periods of time?


Not that kind either... in fact, I don't even know what kind that is.

:shock:

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PostPosted: Tue Nov 30, 2010 9:29 pm 
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That's the Captain Morgan kind.

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PostPosted: Tue Nov 30, 2010 9:32 pm 
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LadyKate wrote:
That's the Captain Morgan kind.


O

I

C

:oops:

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PostPosted: Tue Nov 30, 2010 11:11 pm 
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DFK! wrote:
Midgen wrote:
Part of the problem LK, is that the numbers that are used to determine things like unemployment rate, and whether or not we are in a recessions are A) subjective, and B) researched and reported by biased entities.

There is no hope of ever getting actual useful, factual data.


Well, and subjective in a manner deliberately designed to mislead the public, in many people's opinions.

For example LK, let's look at CPI, the metric to measure inflation. I'm going to assume you know what inflation is, broadly speaking. Consider that CPI no longer includes the items with the largest inflation in the last 15-20 years: healthcare, energy, food.



Its a metric used to measure the mean increase in the cost of goods in dollars which MAY be a symptom of inflation (an increase in the money supply).

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PostPosted: Tue Nov 30, 2010 11:19 pm 
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Is it the kind that goes with "and Tennile"? because I think that market is flooded already.

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PostPosted: Tue Nov 30, 2010 11:38 pm 
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Elmarnieh wrote:
DFK! wrote:
Midgen wrote:
Part of the problem LK, is that the numbers that are used to determine things like unemployment rate, and whether or not we are in a recessions are A) subjective, and B) researched and reported by biased entities.

There is no hope of ever getting actual useful, factual data.


Well, and subjective in a manner deliberately designed to mislead the public, in many people's opinions.

For example LK, let's look at CPI, the metric to measure inflation. I'm going to assume you know what inflation is, broadly speaking. Consider that CPI no longer includes the items with the largest inflation in the last 15-20 years: healthcare, energy, food.



Its a metric used to measure the mean increase in the cost of goods in dollars which MAY be a symptom of inflation (an increase in the money supply).


Yet the quality of goods increases quickly regardless of the economy being in a "good" or "bad" state. Fact is my computer is ~30 times more powerful than my computer 10 years ago. I'm pretty sure that industrial processes are much more efficient as well.


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PostPosted: Wed Dec 01, 2010 12:12 am 
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Defining quality is subjective though. I'd rather have a few things that were made years ago because they last longer than now or have easier upkeep. A truck with a carburetor for example.

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PostPosted: Wed Dec 01, 2010 8:44 am 
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Elmarnieh wrote:
Is it the kind that goes with "and Tennile"? because I think that market is flooded already.


Not that kind either..

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PostPosted: Wed Dec 01, 2010 11:27 pm 
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Another useful question may be... what is the answer for those "educated" recent graduates with no experience?

I used to be all "man this sucks, what am I gonna do for another year until this gets better". Now I... probably should just skip over these threads cause it makes me think bad things.


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PostPosted: Thu Dec 02, 2010 5:25 pm 
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Lex Luthor wrote:
Yet the quality of goods increases quickly regardless of the economy being in a "good" or "bad" state. Fact is my computer is ~30 times more powerful than my computer 10 years ago. I'm pretty sure that industrial processes are much more efficient as well.


Moore's law does not apply in other areas.

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PostPosted: Thu Dec 02, 2010 6:09 pm 
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DFK! wrote:
Lex Luthor wrote:
Yet the quality of goods increases quickly regardless of the economy being in a "good" or "bad" state. Fact is my computer is ~30 times more powerful than my computer 10 years ago. I'm pretty sure that industrial processes are much more efficient as well.


Moore's law does not apply in other areas.


Yes it does, but in different ways.


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PostPosted: Thu Dec 02, 2010 6:15 pm 
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Lex Luthor wrote:
DFK! wrote:
Lex Luthor wrote:
Yet the quality of goods increases quickly regardless of the economy being in a "good" or "bad" state. Fact is my computer is ~30 times more powerful than my computer 10 years ago. I'm pretty sure that industrial processes are much more efficient as well.


Moore's law does not apply in other areas.


Yes it does, but in different ways.


Care to elaborate?

My shirt is not exponentially better than a shirt 10 years ago, nor is it exponentially cheaper. Manufacturing processes are not exponentially more efficient. People don't live exponentially longer thanks to healthcare.

I'd be interested to hear of any other field to which you feel Moore's law applies.

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PostPosted: Thu Dec 02, 2010 8:33 pm 
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DFK! wrote:
Lex Luthor wrote:
DFK! wrote:

Moore's law does not apply in other areas.


Yes it does, but in different ways.


Care to elaborate?

My shirt is not exponentially better than a shirt 10 years ago, nor is it exponentially cheaper. Manufacturing processes are not exponentially more efficient. People don't live exponentially longer thanks to healthcare.

I'd be interested to hear of any other field to which you feel Moore's law applies.


You could say the same about memory: "Memory is not exponentially better than it was 10 weeks ago, nor is it exponentially cheaper". Everything in the short-term can be approximated linearly. Shirts can be made better and cheaper than 100 years ago from advancing technology, availability of goods, etc. Just on a very rough scale if you plotted out the quality of clothing per cost every 10 years throughout the last 400 years, you would see an exponential increase. I think it is safe to say that machines will 100% automate making all our clothing in the future, and it will become very cheap.

Our average life span increases 3 months every year. If you don't believe me, look up the data. Obviously this isn't a linear trend or the average life span would already be thousands of years old. So this is exponential as well. It is idiotic to think people don't live longer due to healthcare. The life span in 1919 is 56.34 for a white male in the U.S. In 2003, 75.3. In 2004, 75.7. That's a rather enormous increase that you are just oblivious to.


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PostPosted: Fri Dec 03, 2010 9:22 am 
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Shirts can be made faster; they can be made cheaper; they are not necessarily better. Fabric quality continues to decline in pursuit of more economic end products that function at the disposable commodity level.

If, indeed, you are truly interested in the economics of textiles, Lex; I'd ask you tell me why Linen sheets are so horrendously expensive despite the abundance of flax friendly land in major cotton producing areas.

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PostPosted: Fri Dec 03, 2010 9:40 am 
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Khross wrote:
Shirts can be made faster; they can be made cheaper; they are not necessarily better. Fabric quality continues to decline in pursuit of more economic end products that function at the disposable commodity level.

If, indeed, you are truly interested in the economics of textiles, Lex; I'd ask you tell me why Linen sheets are so horrendously expensive despite the abundance of flax friendly land in major cotton producing areas.


I would say that there's not enough demand for high-quality fabrics. People just don't care enough. However, I'd wager that print designs that go on many shirts are more sophisticated and don't wash out as easily. There's more styles available every year. It's easy to find the exact shirt you want online. By 2015 there will commonly be computer chips embedded in clothing... that seems to be an exponential advance to me.

Quote:
Smart fibres

Wearable, soft, flexible polymer-based electronic circuits and chips are already in development. It means you can print conductors onto fabrics, so we'll have active clothing by 2015 with MP3 players built into buttons in suits.

These items will be able to scavenge radio frequency energy as well as photovoltaics which can harvest electricity from even low light levels. Our clothes will be able to power all our gadgets and be as effective as solar cells even indoors.

You can already get sneakers powered by footfall and there's going to be much more stuff like this powered locally by ambient energies - garden lights, signage. On clothes, it may be gimmicky at first with a certain amount of silliness on the high street but better versions will follow.


http://www.pocket-lint.com/news/32237/f ... technology


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PostPosted: Fri Dec 03, 2010 6:56 pm 
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I just hope we have the courage now to put in place policies, however painful in the short term, that will enable me to look forward to, 15 years hence, actually having my children leave my house to find homes of their own.


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PostPosted: Fri Dec 03, 2010 7:20 pm 
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Lonedar wrote:
I just hope we have the courage now to put in place policies, however painful in the short term, that will enable me to look forward to, 15 years hence, actually having my children leave my house to find homes of their own.

You seem to be confused about how things work in The USSA. "Find" something of "their own?" What's that supposed to mean. When your child reaches 30, his/her application for housing, submitted when he/she was 5, will finally be processed, and then the State will issue them custodianship of a State-owned studio apartment.

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PostPosted: Sat Dec 04, 2010 2:38 am 
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Kaffis Mark V wrote:
Lonedar wrote:
I just hope we have the courage now to put in place policies, however painful in the short term, that will enable me to look forward to, 15 years hence, actually having my children leave my house to find homes of their own.

You seem to be confused about how things work in The USSA. "Find" something of "their own?" What's that supposed to mean. When your child reaches 30, his/her application for housing, submitted when he/she was 5, will finally be processed, and then the State will issue them custodianship of a State-owned studio apartment.


Well then, I'm already late. Better get crackin'! I should probably get some government employee to help me fill out the form to get someone to fill out the housing request for me.


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PostPosted: Wed May 04, 2011 7:46 am 
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Bit of a necropost, sure, but I found this educational music video today:


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