Like him or not I found this interesting.
http://video.foxnews.com/v/3252357945001...v=3259118682001
http://video.foxnews.com/v/3252357945001...v=3259118682001
itguy08 said:jeepman3071 said:I agree with thinking outside the box. Hard work is the only way I have gotten to where I am, so I also agree with that, but we have to remember the entire country can't work there. Have you ever been to an oil field? It is a pretty physically demanding job, not everyone is able to do that. I know people who are consultants and make plenty of money. They also can't have a family since they move around the world every 6 months.
I've not been but I would think that there are other well paying support jobs around the oil fields. I know I most likely wouldn't be able to do the work. But if I were out of college and the choice was oil field or Dunks I'd think I'd try the oil field. Consulting as you said is also demanding work but fresh out of college if I was offered decent money to consult I'd do it too, if nothing for the experience and connections that could land you something permanent.
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The lack of sustainable jobs that pay decent also hurts growth in other areas of a community. Its hard to establish a company that sells well-made non-outsourced products in an area where nobody can afford those products.
True but how does it start? Pay people well and they can afford your product. Henry Ford got it - he paid his workers enough that they could afford a Model T. Sadly it's something lost on today's business people. People have to be able to afford what they make (unless it's something exhorbinant).
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WalMart does so well because its usually in areas where people have little choice in what they can afford. Most of the employees at WalMart shop for their groceries there.
Yes but studies have shown Wal-Mart is no more or less expensive on average than, say Target or the local grocery store. The discount is what keeps employees shopping there. Growing up, Mom worked at a department store. Got a 25% discount. Guess where we shopped? Because it was 25% cheaper than anywhere else.
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Edit: Not trying to be rude or anything, just playing devil's advocate.
I'm originally from Jersey - that's not rude at all!