free PhD's to everyone

17 Nov 2013 19:36 #1 by Blazer Bob
The unemployment rate rose to 7.3% in October, higher than the unemployment rate when Barack Obama came into office. And, the US labor force participation rate, plunged from 63.2% to 62.8% in the same month. Zero Hedge reported the number of people not in the labor force exploded by nearly 1 million, or 932,000 to be exact, in just the month of October. It was the lowest participation rate since 1978 – during the Carter years.

Things are so bad that even people with graduate degrees are having a rough time finding work.
In fact, PhD grads on welfare have tripled from 2007 to 2011.

The College Insurrection reported:

And just how many folks with graduate degrees are currently living off government assistance? The Chronicle article throws out some remarkable statistics:

The percentage of graduate-degree holders who receive food stamps or some other aid more than doubled between 2007 and 2010.

During that three-year period, the number of people with master’s degrees who received food stamps and other aid climbed from 101,682 to 293,029, and the number of people with Ph.D.’s who received assistance rose from 9,776 to 33,655, according to tabulations of microdata done by Austin Nichols, a senior researcher with the Urban Institute. He drew on figures from the 2008 and 2011 Current Population Surveys done by the U.S. Census Bureau and the U.S. Bureau of Labor…

thegatewaypundit.com

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17 Nov 2013 23:22 #2 by LadyJazzer
Replied by LadyJazzer on topic free PhD's to everyone
Yeah, too bad that the TeaPublicans blocked every single jobs bill, or legislation that would create jobs. I guess they were too busy renaming post offices, trying to add anti-abortion amendments to irrelevant bills, and looking for ways to screw the poor and elderly.

And so many vacation days?...Hmmmm... Must be exhausting passing so much legislation...and leaving time to get back home for all those long vacations.

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18 Nov 2013 09:23 #3 by ScienceChic
Replied by ScienceChic on topic free PhD's to everyone
No surprise, I've mentioned this before. The lab I worked in closed because we knew we'd never get our grant renewal so we started preparing a year ahead proactively - the funding line was at 10% for NIH grants 5 years ago, I can't imagine it's any better now. Ironically, it's more difficult to get a job if you have a PhD than a Masters or Bachelors because PhDs are pigeonholed into only a few academic positions and can't get something they are overqualified for. The brain drain is bad, we'll lose many to overseas jobs and the innovation, patents, and new technology will start coming from outside of the US instead of from our labs, hurting our GDP. Soon, if not already, fewer students will be getting degrees in the sciences because the job market sucks and we'll lose the needed influx of fresh new ideas and energy from young researchers.

Even worse though, is the amount of damage done to science. When a lab closes, unless re-homed to collaborators or competitors, all of it's material is tossed. Even the short gov't shutdown caused harm to experiments that had to run continuously.

We are cutting off our noses to spite our faces and it will hurt in the long run far more than the current crop of PhDs and Masters degree holders being on public assistance. The majority of our GDP comes from innovation and technology and we are not fostering an environment that encourages that. China, India, Japan, and Europe will take up our losses and it's not something that can be brought back up quickly.

"Now, more than ever, the illusions of division threaten our very existence. We all know the truth: more connects us than separates us. But in times of crisis the wise build bridges, while the foolish build barriers. We must find a way to look after one another as if we were one single tribe.” -King T'Challa, Black Panther

The truth is incontrovertible. Malice may attack it. ignorance may deride it, but in the end, there it is. ~Winston Churchill

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18 Nov 2013 11:47 #4 by bailey bud
Replied by bailey bud on topic free PhD's to everyone

legislation that would create jobs


What kinds of "jobs" - are they productive? Do they generate knowledge? Is the country better off than it would be without these "jobs?" I look at something like TSA
which reputedly "created" 50,000 "jobs"
and I really wonder. I do not support "job creation" for its own sake. Talk about knowledge generation - and I suppose I understand and support that. I do not think you need government to generate knowledge, though.

In terms of PhDs without work ---- part of this is that the number of PhDs in the USA have jumped a bit. In 2000, there were about 2 million Americans with Doctorates. Now (2012), that figure is 3.1 million. So you're talking about a 50 percent growth in the number of doctorates in just 12 years. Doing the math ---- we're awarding around 80,000 doctorates a year! (I'd say that's too many). The number of Master's degrees grew from 6.2 million to 10.5 million (69 percent growth).

I think we're seeing a growth in credentials without a growth in knowledge.

A good economist would avoid words like "plunged" and "exploded." Statistics have natural fluctuation - and even a small statistical change creates huge numbers with an economy our size. I'm in no mood to indict the current administration. I do think there's room for criticism of our over-inflated sense of self-worth. (be that political self-worth or societal self-worth).

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18 Nov 2013 16:06 #5 by pineinthegrass

bailey bud wrote:

legislation that would create jobs


What kinds of "jobs" - are they productive? Do they generate knowledge? Is the country better off than it would be without these "jobs?" I look at something like TSA
which reputedly "created" 50,000 "jobs"
and I really wonder. I do not support "job creation" for its own sake. Talk about knowledge generation - and I suppose I understand and support that. I do not think you need government to generate knowledge, though.

In terms of PhDs without work ---- part of this is that the number of PhDs in the USA have jumped a bit. In 2000, there were about 2 million Americans with Doctorates. Now (2012), that figure is 3.1 million. So you're talking about a 50 percent growth in the number of doctorates in just 12 years. Doing the math ---- we're awarding around 80,000 doctorates a year! (I'd say that's too many). The number of Master's degrees grew from 6.2 million to 10.5 million (69 percent growth).

I think we're seeing a growth in credentials without a growth in knowledge.

A good economist would avoid words like "plunged" and "exploded." Statistics have natural fluctuation - and even a small statistical change creates huge numbers with an economy our size. I'm in no mood to indict the current administration. I do think there's room for criticism of our over-inflated sense of self-worth. (be that political self-worth or societal self-worth).


After watching how the stimulus failed to meet its projections after throwing over $800 billion into it, who in their right mind would want to do the same thing again? Look at all the money that was wasted and thrown away into useless pork. We were told we'd be back to normal unemployment levels, at least in the low 5% range, many months ago. That didn't work, so why throw more money away?

I guess we'll soon see this administration throw out new bills to spend billions more to reduce the number of uninsured after this debacle of Obamacare fails it's stated goals as well. And I'm sure there will be sheep who think that will be the great solution, even though the last great attempt by the same people was a big failure.

Just because a bill is proposed in Congress, it doesn't mean it will solve our problems. Especially if it's coming from the same people proposing it who already failed.

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18 Nov 2013 17:34 - 30 Nov 2013 08:17 #6 by LOL
Replied by LOL on topic free PhD's to everyone
phDs, we used to call em pinheads! LOL

Not surprising they are increasing. In science fields anyway, the incentives are good for pursuing phDs over Masters. Masters=pay full price and student loans. phDs= tuition waivers, fellowships, stipends, TAs and basically a free degree with pay. But then maybe no JOB LOL... Gotta keep those Universities enrolled and busy to pay the Profs. and apply for more research money.

If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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18 Nov 2013 18:03 #7 by Rick
Replied by Rick on topic free PhD's to everyone

pineinthegrass wrote:

bailey bud wrote:

legislation that would create jobs


What kinds of "jobs" - are they productive? Do they generate knowledge? Is the country better off than it would be without these "jobs?" I look at something like TSA
which reputedly "created" 50,000 "jobs"
and I really wonder. I do not support "job creation" for its own sake. Talk about knowledge generation - and I suppose I understand and support that. I do not think you need government to generate knowledge, though.

In terms of PhDs without work ---- part of this is that the number of PhDs in the USA have jumped a bit. In 2000, there were about 2 million Americans with Doctorates. Now (2012), that figure is 3.1 million. So you're talking about a 50 percent growth in the number of doctorates in just 12 years. Doing the math ---- we're awarding around 80,000 doctorates a year! (I'd say that's too many). The number of Master's degrees grew from 6.2 million to 10.5 million (69 percent growth).

I think we're seeing a growth in credentials without a growth in knowledge.

A good economist would avoid words like "plunged" and "exploded." Statistics have natural fluctuation - and even a small statistical change creates huge numbers with an economy our size. I'm in no mood to indict the current administration. I do think there's room for criticism of our over-inflated sense of self-worth. (be that political self-worth or societal self-worth).


After watching how the stimulus failed to meet its projections after throwing over $800 billion into it, who in their right mind would want to do the same thing again? Look at all the money that was wasted and thrown away into useless pork.

Wasted? Pork?... what are you talkin about man? That money went to shovel ready jobs!!! lol

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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