Atlas isn’t shrugging in China
In no way do I intend to transition this blog into anything political. Nor do I claim to have any advanced opinion on economic issues. All cards on the table: I failed econ 101.
However, Obama’s Jobs Bill and the recent report that no new jobs have been created in a stalled and sluggish economy raises a significant amount of concern among History majors at liberal arts schools. Suddenly cramming for a bartending license and learning how to balance seven dirty plates on three fingers seems more worthwhile than that term paper that is due next week.
Just kidding. As far as I know, people aren’t opening any new bars or looking for wait staff.
This subject made it to my blog because if there are no jobs in the United States, where are all of us college grads going to go?
If we are paying more money in taxes to pay for entitlements that don’t apply to our income bracket, how long will we put up with it before going somewhere else? How long will our student discounts apply after college for a one way ticket out of here?
Because in the age of Facebook, Skype, and Travelocity, the world is much, much smaller. As my grandmother put it to me the other day, opportunity is no longer going to California like it was for her. Opportunity is conceptualized on a global scale. There is no land of opportunity: opportunity lies in the next internet startup, the next silicon valley, and securing venture capital for a new idea. The point is my generation’s pursuits do not lie within the corporate world. Our generation is focused on the individual rat race, and if that race cannot continue in America, the winners are going somewhere else, and no amount of patriotism or expat taxes is going to stop them.
Where are they going? Well it isn’t anywhere the euro is failing, so we can rule out any country in the EU. They certainly aren’t going anywhere near the middle east; there are few stable areas to start a business, dubai’s economy is at a standstill, and let’s be honest, what female is going to put up with that kind of business culture? That leaves latin american countries that are constructed within a capitalistic economy and…..China.
And the only country that doesn’t seem to be aware of this impending brain drain is the United States. Because proposing a 400 billion dollar stimulis to “jumpstart the economy” and the jobs market does not sound like an attractive deal from a person about to head into the work force.
This history major is looking to more distant horizons. In the land of the rising sun.