To repeat a point - anyone who takes a job on Wall Street right out of college is a fool. They recruit heavily on campuses for the same reason Microsoft and Intel and Electronic Arts do: so they can take advantage of suckers with no work experience who don't know any better. Thankfully I didn't make this mistake. I was able to put everything I saw there into perspective. Going from college straight to Wall Street as a programmer is a dumb move for most people.
I am going to be graduating with my degree in Computer Engineering in about a year, and I was seriously considering Microsoft (I hear they treat employees really well). If you see this as a mistake, would you mind going into detail about what YOU would do coming right into the job market if you could do it over again? Thank you.
How, precisely, does firing a bunch of people lower unemployment? Doesn't it, in fact, RAISE unemployment?
Well if you are a dumbshit, then yes. It's unbelievable how you really fail to see the issue here. Our country has a debt that is unsustainable, and is rising. If we don't fire anyone now, get rid of all the bloated shit in our government, and actually be frugal in our federal spending, then no one has a job, because who wants to work for a piece of shit paper that's worthless? We just need to cut back on federal spending, impose tarrifs on imports if necessary, and let our economy get going again.
Regardless of whether a mission expands or contracts, administrative overhead continues to grow at a steady rate.