This Is What Happens as the Economy Get More Regulated…

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by Robert Wenzel Economic Policy Journal

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…and you believe the hype about a college education, financed by government loans.

The newest census shows that between 2006 and 2011, the number of college graduates working as waiters doubled.

Approximately 260,000 California college graduates below the age of 30 worked in low-level jobs in 2011, an increase of 60,000 over 2006. The six most common jobs, according to the Sacramento Bee:

  • Retail salesperson
  • Secretary
  • Retail sales supervisor
  • Customer sales rep
  • Waiter and waitress
  • Cashiers

The Fed manipulated economy will continue to register strong numbers, but it will leave many behind.

But if you know how to finagle the system, things are different, really different.

Your only hope is to develop a skill and work for yourself.

Reprinted with permission from Economic Policy Journal.

2012 Economic Policy Journal

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