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  Topic: American Dream Fades for
Generation Y Professionals
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American Dream Fades for
Generation Y Professionals

Bloomberg, by Elliot Blair Smith

Original Article

Posted By:smcchk, 12/21/2012 10:34:04 AM

After being dismissed from her job as a Midtown Manhattan securities attorney in October 2009, Christina Tretter-Herriger hitched a used horse trailer to her Dodge Ram pickup and drove 1,628 miles to Texas. The 32-year-old lawyer sold skin-care products in Houston before finding work as the assistant general counsel of a futures-trading firm where an irate customer punctuated a recorded voice-mail message with gunfire. [snip] Eighteen months and two busted jobs later, the daughter of a retired physician and a former editor at Vogue circled back to upstate New York and hunkered down at a small legal office

      


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Reply 1 - Posted by: Spidey, 12/21/2012 10:42:59 AM     (No. 9077667)

One suffering soul in the Obama economy.

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Reply 2 - Posted by: lapaz123, 12/21/2012 10:45:09 AM     (No. 9077673)

Bet I know the politicians that she votes for!!!!!!!!!!!!!!!

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Reply 3 - Posted by: Jethro bo, 12/21/2012 10:50:38 AM     (No. 9077687)

It doesn´t help that the current youth have been coddled from cradle to now. They get participation trophies and self esteem boosters galore but no real lessons how to face adversity. Thus, they are poorly prepared to meet the real world. This is our fault for not preparing them. We were so busy with the latest liberal fad of self esteem that we forgot self esteem isn’t given, it’s developed. And it doesn´t help that our goobernment is more interested in low expectations and high dependency.

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Reply 4 - Posted by: nimby, 12/21/2012 10:53:29 AM     (No. 9077699)

The article doesn´t say why she was dismissed in the first place? Incompetence or a reduction in work force?

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Reply 5 - Posted by: woofwoofwoof, 12/21/2012 10:59:46 AM     (No. 9077719)

Well, the reality is true.

They should hardly use a lawyer in their examples. First there are always too many lawyers, and second every one unemployed is a good thing.

It´s not particularly Obama´s fault, the phenomenon is world-wide, the world has too many college graduates in almost every field. The jobs that are left have so many candidates, the salaries fall.

Newbies never get a start, old folks retire early on less income, everyone in between struggles.

But here´s the thing, you can raise taxes, you can lower taxes, and neither will fix the overall problems.

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Reply 6 - Posted by: Mr. Hanky, 12/21/2012 11:02:45 AM     (No. 9077725)

Well, you dummies voted for More of the Same with Obama!

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Reply 7 - Posted by: rocket-j-squirrel, 12/21/2012 11:18:21 AM     (No. 9077767)

FTA: ´´In more traditional jobs, the fallout from the subprime- mortgage collapse a half-decade ago continues to pummel people, including the architects who designed homes. The number of them ages 25 to 34 has fallen by 41 percent since 2007, compared with the total drop in the profession of 25 percent.´´

Although not in the age group mentioned, there are tons of us who suffer economically on a daily basis the consequences of the government´s misguided, feel-good Community Reinvestment Act. Sub-prime mortgages created the need for lenders to bundle bad loans and pass them off to unwitting investment firms thus creating the recession. Can anyone tell me why we´re not headed toward the same result with the Affordable Care Act? CRA took away livelihoods, ACA will take away lives.

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Reply 8 - Posted by: janylou, 12/21/2012 11:23:56 AM     (No. 9077795)

The rose colored glasses are losing their tint and reality is coming into focus. It is not a pretty sight.

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Reply 9 - Posted by: bldrrepub, 12/21/2012 11:24:24 AM     (No. 9077798)

Too many lawyers. Too many architects. Working for Groupon? That model is dead.

Certain manufacturing facilities can´t find qualified welders or machinists. Petroleum engineers from elite schools are being hired out of school at over $100,000/year.

When you go to school kids, think more than 3 months down the line.

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Reply 10 - Posted by: Pearson365, 12/21/2012 11:24:46 AM     (No. 9077799)

Interesting that Obama worshipping Bloomberg posts this story after its favorite domestic socialist has been reelected. More bad news stories to follow after January´s inauguration. But Bloomberg, AP and ilk will find it increasingly difficult to link stories back to Bush.

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Reply 11 - Posted by: TheMom, 12/21/2012 11:39:26 AM     (No. 9077846)

@9, right on. Kids, if your passion is history, womyn´s issues or social studies, make it your hobby, not your qualifications for a livelihood.

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Reply 12 - Posted by: shepsmum, 12/21/2012 11:45:15 AM     (No. 9077864)

My sister and brother in law advised my niece not to major in anything with the word "Studies" in it. Erin started school this fall, studying to be a nurse. And decided on her own to join Army ROTC. That´s my smart girl!


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Reply 13 - Posted by: LadyHen, 12/21/2012 11:58:30 AM     (No. 9077897)

Captain Capitalism has a book on the topic of what to major in in college, career choices. Think I will pick it up for me and my boy. He will be making that choice in a few years, advice my husband and I did not have when we went off to college 20 years ago sadly.

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Reply 14 - Posted by: tomanderson61, 12/21/2012 12:01:42 PM     (No. 9077900)

Cry me a river. There aren´t more high paying jobs for attorneys. This is a bad thing? People have this amazing expectation that if they sit through a bunch of classes that they have somehow "earned" a job paying $170,000. What is the learning here? In a rough economy, the work type is that which is really NEEDED, and we don´t need more lawyers. Lawyers create nothing, never add to the bottom line, and at best, save an organization a few dollars under the right circumstances. And that is the best you can expect. Most are out looking for ways to squeeze money out of employers and other companies, or simply protecting a company from laws that should never have been written anyways.

Not a big enough future in historical building architecture? Sorry, bad economy, buildings will have to wait.

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Reply 15 - Posted by: lylacat, 12/21/2012 12:05:20 PM     (No. 9077909)

Yes, you can be sure she voted for 0bama. 0bama´s policies are killing our country; these young people will pay for his bad policy for the rest of their lives. How can so many people be so dumb.

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Reply 16 - Posted by: franq, 12/21/2012 12:08:30 PM     (No. 9077918)

Earth to the young: the market for high-pay, low-effort jobs is a bust. Probably never existed in the first place but we conned them into college degrees, right? My company cannot find people with mechanical and reasoning skills. At least through temp agencies. What´s a micrometer? Learn and you may find employment.

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Reply 17 - Posted by: Envirodude, 12/21/2012 12:09:56 PM     (No. 9077924)

9 - I have a degree in Petroleum Engineering from the 1980´s. you couldn´t buy a job then. If there is a sector more fickle than the oil patch, I don´t know what it is.

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Reply 18 - Posted by: Fiesta del sol, 12/21/2012 12:35:03 PM     (No. 9077996)

How many of these Generation Yers are being subsidized by mom and dad? How many voted for Obama because they´re not feeling the full effect of the rotten economy? I know more than a few mid 20´s kids who are un or underemployed, and the parents are still paying car payments, cell phone bills, credit card balances, etc. These kids´ parents can´t stand to see them ´suffer´ without designer clothes, shopping at Whole Foods, etc.

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Reply 19 - Posted by: Patchy Groundfog, 12/21/2012 1:15:21 PM     (No. 9078060)

Christina Tretter-Herriger sat in high school history class and learned about Cesar Chavez, Ryan White, Malcolm X, Rachel Carson and other darlings of the left. Christina Tretter-Herriger attended college and listened to econ professors hail Keynes. Christina Tretter-Herriger listened to biology profs talk about global warming as scientific fact. Christina Tretter-Herriger attended women´s studies classes and learned that men are predators and that gay/lesbian ´marriages´ will strengthen an already-crumbling society. Christina Tretter-Herriger heard law profs talk about the living Constitution and the courageous landmark opinions of the Warren court and justices like Douglas and Stevens.

Despite her education, or more likely because of it, Christina Tretter-Herriger cannot recognize that she and her peers have been indoctrinated, conditioned and left helpless to recognize the problem let alone take action to correct it.

But that Mitt Romney was an awful fellow who teased effeminate male classmates and was only looking out for the super wealthy.

Obama, who couldn´t get air in a car tire, was the expert on all things legal, economic, political and societal. Isn´t that right, Christina Tretter-Herriger?

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Reply 20 - Posted by: bldrrepub, 12/21/2012 1:27:26 PM     (No. 9078075)

17- Me too. After the crash in the mid-80s, I went to work for a Denver AE firm doing enviro work. Certainly a bummer back then, but with new technologies and new locations, companies are screaming for qualified people.

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Reply 21 - Posted by: Marzon, 12/21/2012 3:19:09 PM     (No. 9078247)

It´s just the "New Normal"!

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Reply 22 - Posted by: Mai Bad, 12/21/2012 3:59:49 PM     (No. 9078324)

Yo..yo..Bumberg can afford to hire them all! Quit whining and keep shoveling....There has to be a pony down there somewhere.

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