Saturday, January 31, 2009

Something might not be George Bush's fault

But whose it is, CNN fails to note:
(CNN) -- Amber Easton has gone from $80,000 a year in salary to scrambling for work. At a time in her life when she should be scaling the corporate ladder, she has instead spiraled into a deep depression. She recently lost her car and now faces eviction from her apartment...
It's a sad story being played out all over America, formerly wheeling, dealing, kiss-stealing (Whooooo!) professionals are losing their jobs. Sometimes, however, I think the reporters ought to work a little harder to find sympathetic victims:
Easton's saga began in July 2007 when she traded in her job as a corporate compliance officer to attend law school, what she thought would help advance her career. But after a year of law school, she decided it wasn't for her. By then, her old job was gone and the job market had shrunk.
So she had a job*, and a good one, making almost twice what the average American makes. But she quit it. Then she went to law school** which all things considered is probably a pretty good place to ride out the next few years, one reason I am encouraging my college-attending boys to be thinking about their masters. But after a year, she quit that, too.

Now the world has changed. Or has it? Walter Williams a few years ago explained the secret to not being poor in a couple easy rules. Finish high school. Stay married. Keep your nose clean. But the last turns out to be important, too: don't quit your job except to take a better one.

If you voluntarily stop working, it's hardly a worthy sob story that you're not working anymore.

* Hey, "compliance officer" is a job, though what work the title is a euphemism for I have no idea.

* And she certainly had the money saved up for that, right? I mean, no one would try to pay for law school by relying solely on the largess of the taxpayers.

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