Full employment - society must provide it.

There was an article in WSJ with some paragraphs trashing the people at the OccupySF. those paras copied below. It is a baseless statement. Here is my reply to it:

I don't think we can associate the bank's collapse and rescue with the inability to get a job. yes, the banks lied, sold toxic mortgages but when they collapsed, what can you do? Just because a judicial system becomes corrupt, you can't just throw away the institution. All you can do is try to reform the institution - put more regulations, checks and balances etc. same thing with the banks. we need the banks to run the society. you can get rid of the heads but not the institutions themselves.

If studying arts, humanities or gender studies won't get you a job to sustain yourselves, why then allow those degrees to be taught at univs here. how is it then any different from some religious madrasas in pakistan? just inculcating some useless knowledge? Then the society is lying to their children. they restrict the amount of MD degrees in the US based on the demand for those doctor specialities - do it for all other courses of study as well. make art univs have the students sign a beware stmt that their probability of landing a job is very low - like a warning on the tobacco label. The society is indebted to provide jobs to its every member - if not, you don't have a stable society. Unless you can prove all the unemployed are lazy bums, the society has to figure out a way to make them employed - it can't just say that you have got lousy degrees. well, the univs, the accreditation boards, and everybody else were in cahoots to market those useless degrees then.

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http://online.wsj.com/article/SB10001424052970204485304576640962366762204.html?grcc=c55cb65a12d38771ac008972b7e6dcb1Z3&mod=WSJ_hps_sections_opinion

Maybe this is all really about disappointment. I spoke to a young woman who had clearly bathed more recently than most. I asked her why she was at OccupySF. She told me she'd done all the right things. Studied hard. Graduated college. (She was an art major.) And now she can't get a job. It didn't matter. It's all messed up. She was lied to.

Of course she was. She's a member of the Trophy Generation. Win or lose, you get a trophy. We embraced mediocrity to an entire generation of kids during good times who are now finding themselves mediocre in bad times. There still is that American dream: Go to college, get a job, buy a Prius. But like it or not, studying art or humanities or gender studies won't get you there. Marissa Mayer at Google complains she can't find enough computer-science majors. Civil engineers are getting hired sight unseen.