Why do you think the US is in the economic hurt that it is?

	Why do you think the US is in the economic hurt that it is? What are the factors? How far back does it go? When did you see the first warning signs? Why have wages steadily fallen since the 80s? Why have jobs gone abroad since the 80s? @I M Everywhere U Want 2 B: give you props for humor, but I want a serious answer please OK, Wow, thank you so much--at least most of you--I don't think I've ever seen that many thought out answers on YA before. Awesome Asked By: Haymarket Chicago - 7/16/2010

Best Answer - Chosen by Asker
Ok to explain the entire situation without right-wingers that know nothing about economics trying to argue against it, I will have to start my answer by explaining to you about Consumer confidence, Consumer confidence is how investors measure how much money consumers are spending into the eocnomy. This translates to consumption. By having a rough idea of consumer confidence levels, investors and speculators can have a rough idea of what the markets will do. In this way, consumer spending(consumer confidence) influences capital investment, and speculation. When consumer confidence is rising, speculators can assume that their investments will rise as well. if consumer confidence is falling it tells the speculators to start ditching their investments, because they will most likely fall to. What is the result when consumer confidence falls and investors start trying to shuffle their capital around to find recession proof investments? Job loss. When consumer confidence falls, so does investor confidence. This is a sure sign to producers to start cutting back production, which ultimately results in lay-offs. These lay-offs result in people unable to pay their mortages if they can't find jobs. Why can't they find a job? because most of their indutry they are skilled in was outsourced. So they go a long time without a job. they spend their savings and take out a second mortage hoping that a job will come their way. When it doens't, they lose their home that they could afford a loan on when they had a job, but no longer can afford after their job was outsourced. so they lose their homes. After the banks takes their home, and another person's home that is in similar situations, they end up finding ut they have all these properties that are worth less than the amount left on the loans. So now the bank starts seeing themselves being undercapitlaized and unable to make certain types of loans to generate revenue. They collpase. Any bank that held investments int hat bank find their investments have crashed, and now they fin themselves under-capitalized and unable to make certian loans because of toxic investments in their stock portfolios. this is all compounded byt he fact that Financial Services Modernization Act of 1999 proposed by Phil Gramm deregulated mortgage based derivatives and credit default swaps. This made it so the government could not regulate them as futures contracts, while it repealed portions of the Glass-Steagall Act that was put in place at the end of the Great Depression to prevent banks from being able to insure risky investments which caused them to collapse and resulted in runs on banks leading to the conditions experienced during the Great Depression. So now the big trusts, with the Glass Steagall act out of the way was able to consolidate financial services in ways they could since the Great Depression. While Banks prior to the great depression were insuring risky investments on commodities, in the modern era they were insuring risky investments through credit default swaps. These credit default swaps acted as insurance on mortgages. If the mortgage package they insured woul be dfaulted on the inurance would pay out large sums of cash. So while the banks were doing everythign they could to create more mortgages, so they could create credit default swaps, they were packaging bad loans with good ones, creating a scenario where many of these credit default swaps would have to be paid out by AIG, Bear Sterns, and other large banks. The banks wrote about 30 trillion dollars of these credit default swaps that they had to pay out once the housing market stared to bust. This caused them to be undercapitalized and un able to generate revenue by issuing certain types of loans. Seeing the trouble, inestrs dumped the stock. Banks that held AIG stock had millions of dollars of this stock that was considered part of their on hand capital. when the stock fell they to were undercapitalized and unable to generate revenue and collapsed. this ended up being a chain reaction where a collapsed trust drug another bank down with them because of stock value loss. The credit started to freeze up wher ebanks became too scared to loan money for fear that if a bank they were heavily invested in collapsed they would face beng under capitalized. This made it harder and more expensive for business to acquire capital through operating notes and othr loans, And we all know what happens when a business doens't have the capital to maintain production right? More job loss. More job insecurity. even less consumer confidence. Start back at top with consumer confidence falling. Now what caused the fall in consumer confidence to begin with? Americans not having job security thanks to trade deregulation, and outsourcing. This started in the 1980s. But Ronald Reagan flooding the eocnomy with cash through military spending, and Clinton causng the dot.com boom, it prevented all the from occuring by 1990. What we see was a credit boom caused by Americans trying to maintain their standard of living while their jobs were outsourced, collapsing. Answered By: avail_skillz - 7/16/2010

Additional Answers ()

I think there are many different roots, not sure I can remember to list them all here: 1. The "dot.com" stock market bubble of the 1990s, basically under Clinton's watch, was fostered by the Federal Reserve under Alan Greenspan for many years, and seemed to deliver prosperity. But in in about 2000, the "dot com" bubble popped, wiping out approx. $10 trillion in paper wealth held by Americans. 2. The "dot com" collapse, combined with the terrorist attacks of 9-11-01, then threatened to push the US into a recession. But the Federal Reserve -- again Alan Greenspan -- slashed short-term interest rates almost to zero in hopes of restoring consumer confidence. Low interest rates and a shift of people's investments from dotcom stocks to housing, led to enormous over-investment in real estate, creating a real estate bubble that expanded from about 2003 through 2007. Then the real estate bubble popped, wiping out another $8 trillion in paper wealth held by homeowners. 3. The destruction of $8 trillion in paper real estate values in 2007 - 2009 left millions of Americans feeling poorer than before, and interfered with people using their houses as ATMS through home equity lines of credit. This caused a drop in consumer spending of about $700 billion a year. Combined with a $500 billion hit to the economy caused a bust in new home building, plus a few other factors, the problems of the homeowners caused a total loss in US consumer spending of maybe $1.3 trillion a year -- pushing the economy into recession 4. The Obama administration in 2009 then enacted an "economic stimulus" program of new government spending to replace the private consumer spending being lost. But after it had been trimmed by a deficit-conscious Congress, the total spending provided by the stimulus program only amounted to about $600 billion a year, half of what was needed. Therefore the economy didn't recover very well or very quickly. 5. The bust in real estate prices, combined with the selling of huge numbers of bad "subprime" mortages between 2003 - 2007, meanwhile led to millions of American homeowners having troubles making their mortgage payments, and some of these homeowners also lost jobs. in Therefore, more than 1 million of them have defaulted on their mortgages and more mortgage defaults are likely, further driving down the real estate market & hurting the economy. 6. The deregulation of the traditional banking industry under both Clinton and G.W. Bush, and just as importantly, the failure to impose regulatory controls in the 1990s and early 21st century over a new "non-banking banking system" that had grown up, meanwhile left the financial industry everywhere vulnerable to panic. When the US real estate market went bad in about 2007, the global financial panic struck -- generating much of the mess we see today. 7. Behind all of these negative developments, arguably, is an increasing "financialization" of the US economy since the late 1980s, as total profits and total investments in the FIRE industries -- Finance, Insurance & Real Estate -- have increasingly crowded out investments in more traditional industries. 8. One explanation for the "financialization" of the economy rests on the radical innovation in financial products that has occurred since the 1980s, plus the "free market" philosophy followed by GOP and Democratic politicians and regulators alike from 1980-2007. Another explanation, favored by Marxist analysts John Bellamy Foster and Fred Magdoff, is that American capitalism by the late 1980s was mostly overbuilt and suffering from surplus capacity and glutted markets. This stagnation in traditional markets left holders and managers of private capital with few attractive investment opportunities in traditional industry, inspiring them to turn instead to financial speculation in asset bubbles -- making the financial panic of 2007-2009 almost inevitable. 9. Also contributing to US capitalism's woes is the erosion of what once was US global economic dominance. That dominance has just disappeared, bit by bit, since 1975. The "free trade" and "globalization" treaties of the Clinton years may have accelerated the process, but the US economy has been losing global clout at least since the rebuilding of European and Japanses capitalism in the early 1970s and the undercutting of once-dominant US companies in global markets. Following the Euro-Japanese challenge to US markets in the 1970s, US heavy industry suffered again from the rise of the "Asian Tiger" economies in the 1980s and 1990s and the flowing of US investment and US factory building to China. 10. The fluctuating price of oil and the 2 "oil shocks" of the 1980s also contributed to US and global economic problems, although this did not happen exactly as environmentalists had predicted. 11. At most basic level, global capitalism is an inherently unstable system prone to "creative destruction," making continuing US economic dominance unlikely in any event. 12. US military priorities that have directed trillions of dollars in investments to "defense" spending and war fighting, at a cost of lost investment in civilian industry, probably also have played a role in national economic decline. The Japanese, Europeans & East Asians have gained an economic edge partly by skimping on military expenditures and emphasizing civilian investment instead. Answered By: Andy F - 7/18/2010

Clearly the sheer volume of peaches has severely dropped the price; there is simply too much supply for the demand available. ____________ Essentially, the major problem is too much faith in a system that is a proven failure. Every attempt to go back to pure Capitalism in this country has ended with a depression within a few years. We had the Long Depression, the Great Depression, and the Great Recession...ALL of which occurred within a few years of us going back to pure Capitalism and its lack of regulation. Yes, we have had a number of recessions in between; but all were relatively mild. But whenever regulation was abandoned, we hit huge recessions. The warning signs of an upcoming depression is essentially the election of a Republican that actually believes what Republicans say. We did not hit a huge recession under Ronald Reagan for two main reasons. 1) Jimmy Carter paid down the Vietnam War and finally cut out that drain on our economy 2) Ronald Reagan did precisely what Obama is doing now; paying private companies and states to do busy work, and then paying them with taxpayer money so that those businesses and states can then, in turn, pay their employees. There were only two differences between Reagan's plan and Obama's plan--Reagan focused on military equipment whereas Obama is focusing on infrastructure, and Reagan had significantly higher tax rates for nearly everyone. And I suppose one could also argue that Reagan did a slight deregulation. Nothing on par with what George W. Bush would eventually do, but some. But it should be noted that we also had a stock market crash under Ronald Reagan, and we also had a subsequent small recession under George H.W. Bush fairly quickly after the small deregulation of the markets under Reagan. But essentially, anyone who tries to completely deregulate the markets like Herbert Hoover and George W. Bush both did, will send us hurtling right into Depression. There is no problem with what Republicans say, as long as they are smart like Reagan and don't actually do it. Problem is, George W. Bush believed what was said and actually did it. Hence the failure. Answered By: I M Everywhere U Want 2 B - 7/16/2010

The Glass Seagall Act being appealed to spread the risk of the Community Investment Act. NAFTA caused our businesses to go elsewhere. Also the repeal of the Glass Seagall Act reigned in corporatism (fascism), and I don't see it ending anytime soon. The government just gave corporatism more power with the Financial Reform Bill, the American people have been regulated out of their own country. Answered By: Sean - 7/16/2010

Expansion of the CRA and the repeal of parts of the Glass-Steagall Act, combined with the rampant corruption in our Congress. CRA = Community Reinvestment Act. It required banks to loan to people who could not be expected to pay it back. Combine that with the repealed parts of Glass-Steagall that allowed banks to trade those loans as collateralized debt obligations known as mortgage backed securities, and you end up with the financial crisis that we find ourselves in today. Then our government paid back the banks that did it(bailout). We are being robbed people. Wake up. Answered By: Mr. Potato Dick - 7/16/2010

First of all, what the hell do I know? Secondly, the US rode a tsunami of prosperity after WW2. Lend Lease was a factor plus the influx of $$$ into US manufacturing during the war and also the absolute lack of manufacturing going on in the rest of the world in the aftermath. If you look at the US in the times preceeding WW2 and to a lesser extent WW1, we were not a super power. Really, we were just trying to get by. Answered By: REMMI - 7/16/2010

It all started when conservatives took over the US Government in the 1980s. Answered By: El Chango - 7/16/2010

The Financial Con of the Decade 1. Enable trillions of dollars in mortgages guaranteed to default by packaging unlimited quantities of them into mortgage-backed securities (MBS), creating umlimited demand for fraudulently originated loans. 2. Sell these MBS as “safe” to credulous investors, institutions, town councils in Norway, etc., i.e. “the bezzle” on a global scale. 3. Make huge “side bets” against these doomed mortgages so when they default then the short-side bets generate billions in profits. 4. Leverage each $1 of actual capital into $100 of high-risk bets. 5. Hide the utterly fraudulent bets offshore and/or off-balance sheet (not that the regulators you had muzzled would have noticed anyway). 6. When the longside bets go bad, transfer hundreds of billions of dollars in Federal guarantees, bailouts and backstops into the private hands which made the risky bets, either via direct payments or via proxies like AIG. Enable these private Power Elites to borrow hundreds of billions more from the Treasury/Fed at zero interest. 7. Deposit these funds at the Federal Reserve, where they earn 3-4?Reap billions in guaranteed income by borrowing Federal money for free and getting paid interest by the Fed. 8. As profits pile up, start buying boatloads of short-term U.S. Treasuries. Now the taxpayers who absorbed the trillions in private losses and who transferred trillions in subsidies, backstops, guarantees, bailouts and loans to private banks and corporations, are now paying interest on the Treasuries their own money purchased for the banks/corporations. 9. Slowly acquire trillions of dollars in Treasuries–not difficult to do as the Federal government is borrowing $1.5 trillion a year. 10. Stop buying Treasuries and dump a boatload onto the market, forcing interest rates to rise as supply of new T-Bills exceeds demand (at least temporarily). Repeat as necessary to double and then triple interest rates paid on Treasuries. 11. Buy hundreds of billions in long-term Treasuries at high rates of interest. As interest rates rise, interest payments dwarf all other Federal spending, forcing extreme cuts in all other government spending. 12. Enjoy the hundreds of billions of dollars in interest payments being paid by taxpayers on Treasuries that were purchased with their money but which are safely in private hands. . Answered By: Vidar (Campaign For Liberty) - 7/16/2010

Submit your answer or comment to this question

Other Career Questions

	Why is the 0bama administration refusing to remove the BS about the number of jobs saved from its website? They've admitted the data is not true, yet they continue to post it. Why are they continuing to claim they've saved or created jobs in districts that don't even exist after it's been proven and they've admitted it's a lie? http://abcnews.go.com/Politics/jobs-saved-created-congressional-districts-exist/story?id=9097853 Dastardly, presenting information known to be false as true is lying, does this really need to be explained to you? 8 answers - Asked By: libs, almost as smart as lint - 11/24/2009

	Why is the Obama administration reporting jobs created from districts that don't exist? Http://abcnews.go.com/Politics/jobs-saved-created-congressional-districts-exist/story?id=9097853 I understand the desire to show that your policies are working-but outright lying isn't the way. Is this the "transparency" and "change we can believe in?" Cookie--Nice-I forgot about that. 9 answers - Asked By: MADDOG - 11/17/2009

	Compare negative and positive from the Republican and Democrat Parties? Is there any sites that has all politics records? Like the bills Senators voted for or vetoed. All politics accomplishments. job lost and gained percentage from the Governors. Please do not give me that one sided crap. I'm open minded, so I want to here both positive and negative from the Republican and Democrat parties. 1 answer - Asked By: Raphial Lee - 12/5/2008


Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo! Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Questions

	Is this normal for an interviewer to do this? So today I went in for an interview and I was going in for the 2nd interview by the head chief executive. now this is where it got weird, so she asked me about my previous jobs and said how much she liked that product over that product. then she started talking about her daughter? an her divorce ...then how she didn't finish college because she was making more money doing what she did for this company ... then she talked about how her teenage daughter is a handful... I just played it cool thinking she was using some sort of psychology thing to trick me into saying something stupid. the interview ended and she seemed happy an I was escorted to the door... now I'm freaking confused? is this normal behavior for an executive? like it felt like she was going to burst into tears at one point and tell me her life problems... is this normal? was she trying to see how I react or something? 6 answers - Asked By: Clone - 11/7/2012

	What do you say when they ask what you want to be paid? ? Wen you apply at a job and they ask how mch you want as a salary what do you say? 2 answers - Asked By: Colette - 11/24/2011

	How do I get a job with Dodgy work history and no experience? Basically- no degree, although I have tried completing one in the past and stopped because of physical and mental health issues which were overwhelming to deal with along with going to classes full time. I'm not stupid and I am quite articulate. I am 23 and have only worked for about two years retail in high school and stopped working to go to university. I worked a few months in 2010 retail after I dropped out but it was only a seasonal position, and the only reason why I have not been able to constantly work is because of mental health issues. I had also tried going back to community college during my free time since i left university in 2008/9 and I had panic attacks while in community college, which made my anxiety worse from then on. Well recently I met a good doctor and he prescribed me some meds that are stabilizing my moods and I feel the best I've felt in years, and I'm ready to work. Thing is, I don't know how to get a job now since I've spent literally years being depressed and anxious doing nothing. I don't really have anything to put on my resume, and I never finished my AA degree either. All I've done is cashiering and although I do the job well and I get promoted easily when I do these jobs because I'm a hard worker and I try to go above and beyond what they ask of me,which is the attitude I have no matter what kind of work I'm doing as long as I'm getting paid. But I hate cashiering because it's too easy and I want a job that is more interesting. Any suggestions for me on how to get a job that is NOT Retail with the type of background I have right now? I also realize I have to go to college to get certain types of jobs, I am talking about what I can do right here right now. 1 answer - Asked By: Alex Prieto - 10/14/2012

	Why honesty, hard work and dedication have no place at work? Recently I have overlooked for a project at work and I am unable to accept it why? I am hard working, dedicated, maintain a very professional decorum, very cordial with my colleagues and bosses, give respect to one and all. Still people who take the p***, argue with managers, gossip mongers have been selected for some very responsible positions at work. I seriously can't get my head around it why, why unprofessional people who have no work ethics being selected over me, whereas I have a track record of excellent performance and never shy away from any work my manager ask me to do? I am at my lowest point and not getting hold of my manager to ask the question why not me, why them who can't even bother? I am feeling like a complete loser, giving years to this place, building my performance, trust and this is how I get rewarded. Why my life is so shit, anything I wish for turns to dust? 1 answer - Asked By: network7 - 11/6/2012

	I have applied for over 100 jobs I have gotten no calls for a job interview, what can i do? As stated in my question I've applied for multiple jobs and gotten no job interview, you name a place I've applied there. I've said i will work ridiculous hours from like 12am to 5am and nothing. I've said I am willing to work weekends public holidays everything and I have gotten nothing back I am so desperate for money it's not funny. 9 answers - Asked By: Jamie - 1/9/2012

	What to wear to a job interview VS a career fair? So I have a nice white button up shirt, business skirt and pants, and a suit jacket. I'm applying for a software development job and I'm very short and can look young so I'm trying to look adult, yet professional. I'm also attractive so I'm trying not to look too sexy. For the career fair I'm thinking of wearing just my nice shirt and a skirt with low heels. My reasoning being it's approachable and attractive without going overboard since the career fair hosts are mostly younger male recent grads. I want to be remembered but not intimidating. For my interviews I was thinking pants, suit jacket (power suit). My reasoning being it'll be older execs and HR people (mostly women) so less sexy with the pants but more powerful with the suit jacket. What do you think?! 2 answers - Asked By: Beast - 9/23/2012

	What career or jobs can i get after graduating Information Technology? I am currently a 1st year irregular college student taking I.T. I transferred schools and my majors never got credited. But it's okay because i am slowly getting the logics in programming in Java. This next semester i am taking a System Analysis and Design(SADSIGN) and i am getting nervous because even though i am pretty good at logics, i am not that good at coding. But since it is a case study, we will be on group, we will be four i think. Project manager, Analyst, Documentation, and the programmer. I am asking what jobs i can get after graduating I.T. because what if i graduated I.T. and still not that good at coding, i am hoping that there will be a jobs that will require less programming. Like Database manager or in Multimedia or in charge of Network. So is there jobs that doesn't require hardcore programming skills? 2 answers - Asked By: Jay p*e - 5/6/2013

	Rate my resume please? I'm really having a hard time finding a job. I'm not sure why employers aren't contacting me :( I have about 4 years in expereince ( about 1 year of management) Well, here it is Jon smith Erlanger KY, USA Cell: +1-859-111-1111 E-mail:abc.def@outlook.com OBJECTIVE Obtain a position as a project manager/coordinator allowing me to utilize my administrative, organizational and problem-solving skills with a growing organization to mutually enhance growth of professional development and success. WORK EXPERIENCE ATS Jun 2012 – Apr 2013 Project Manager I: Managed projects development and staff in different divisions to achieve projects goals through practices of planning, executing and analyzing project-related tasks. Duties, responsibilities and contributions to assigned projects include the following: • Prepare and create project scopes, SWOT analysis reports and statements of work as assigned. • Visit anticipated project sites and create assessments for necessary work. • Analyze given scopes to assist engineers into reaching projects’ objectives. • Examine and manage available resources relating to materials and manpower. • Coordinate staff and arrange regular meetings. • Inspect daily operations and quality of products used on premise. • Implement solutions to resolve complex jobs relating to the project. • Manage and ensure that operations are executed in accordance to project scope and SOW. • Review and submit documents for projects deliverables/submittals and create schedules for subcontractors. • Document all events occurred during project life cycle and submit reports to senior management. Assigned Projects: 1- Conference Rooms IT/Multimedia Project Duration: Jun 2012 – Dec 2012 2- Military Base Renovation Project Duration: Aug 2012 – Aug 2013 AT&T / U-verse Division Oct 2011 – Feb 2012 Command Center Agent II: Applied knowledge to solve common and complex related issues to consumer’s services and devices. The position allowed for individual work at minimum supervision and within teams when necessary. Duties of the position included: •Provide phone/virtual support to internal and external customers. •Audit reports submitted by technicians and follow up with customers. •Implement and updated solutions within workflow system (WFE system). •Interact with IT department personnel to resolve common issues. •Provide assistance to first level support agents. •Maintain database and accounts for customers. Cleve’s Connections May 2009 – Nov 2010 IT Specialist: Provided hands-on and virtual administration for all IT related topics and managed sales for all devices and services. This included consulting, providing solutions, and improving efficiency for small businesses in design and security areas. Tasks performed while working included: • Resolve & close all open cases submitted by staff or customers. • Setup and manage user accounts through Active Directory. • Monitor network activities and logs and report system bugs, downtimes or crashes. • On-site maintenance and installation of network equipment and computer hardware/software. • Perform system setup operations and data backups as requested. • Create case analysis and audit reports given by technicians. • On-call support 24/7. EDUCATION • Devry University, Cincinnati OH Bachelor in Management Graduation: 2012 • Cincinnati State, Cincinnati OH Associate in Network Administration Graduation: Transfer 2010 To Andy: What does my Devry have to do with anything? for profit school? I'm not sure what college you graduated from, but in the real world experience weights more than a piece of paper stating you've completed few written assignments and imaginary projects. SMH! 3 answers - Asked By: Zaid I - 5/8/2013

	What is the difference between a nurse practitioner and an ARNP? Is there any difference between a "nurse practitioner" and an "advanced registered nurse practitioner"? 1 answer - Asked By: lucysmom - 3/27/2006

	I'm an exellent welder/fabricator,does anyone out in Las vegas land have a job for me? 3 answers - Asked By: hubbard_billy - 2/24/2006

	Which of these careers would I not have a problem getting a job in? Account Executive Hospitality Manager Sales Representative Editorial Assistant Advertising Manager Hotel Manager Personnel Specialist Writer/Author Association Administrator Presenter Special Events Coordinator Political Aide Promotions Manager Speech Writer Consumer Affairs Specialist Sportscaster Public Information Officer Communications Director Public Relations Specialist Radio/TV Announcer Technical Writer Telemarketing Specialist Customer Service Rep. Fund Raiser Training & Development Specialist Events Planner Flight Attendant Youth Worker Media Manager Recruiter Market Research Analyst Community Action Director Recreation/Attractions Manager Restaurant Manager Campaign Manager Development Director Script Writer Photojournalist Advertising Copywriter Museum Director Greeting Card Writer Production Assistant Actor, Mime Narrator Stage Manager Director Impersonator Make-up Artist Stunt Coordinator Booking Agent Talent Scout Drama Coach Stand-in Playwright Stage Manager Movie Theater Manager 2 answers - Asked By: Jolynn - 4/28/2013

	Web designer looking to jump into web producing at large agency. would love your advice!? I've always freelanced as a web designer and might have an opportunity to work at a large ad agency. sorta nervous about the culture and role, so I was wondering if I could solicit feedback about the type of strengths I might need to develop, ie., strong project management (learn to use basecamp!), etc. I've held jobs on the client side as a web marketing manager and before that freelanced -- but on the very small scale. anyone with similiar experiences or feedback I'd love to hear from you! 2 answers - Asked By: webguy - 2/11/2006

	I want to become an Escrow Officer, does anyone know how to go about it? What kind of training will I need? I know that Escrow is within Title industry in Texas. What would be the best way to get my foot in the door. I am assuming I will have to start as an Escrow assistant and work my way up, but I would really like to find out more about this career path. How does an officer usually get licensed? Are there classes we need to take and exam to take? Any response is appreciated. 2 answers - Asked By: schang25 - 2/10/2006

	How much do you tip an electrican? I have to get an electrican to fix an overloaded circuit and possible short. so do you tip and if so, how much? 4 answers - Asked By: speedlvr_8 - 12/29/2005

	What's the difference between computer science and computer engineering majors? Can someone tell me te difference between computer science and a computer engineering major. Is it the same? 2 answers - Asked By: Rosalva - 5/6/2013

	Audit Sales Representative? Scam? I received the following email from these guys: "Hello, my name is Susan Collins and I am Personnel Manager of Audit Sales Company Inc. and will be your supervisor. Thanks for sending us your job application. We'd love to bring you on board. The reason for this email is to touch base with you as a potential candidate for the position we are currently looking to fill (Audit Sales Representative). You replied to our online job posting and I would like to take a moment to familiarize you with who we are. Audit Sales is the worldwide leader in temporary financial staffing, providing excellent opportunities in the areas of accounting, bookkeeping, credit and collections, data entry, finance, payroll, audit and tax. Our relationships with top companies ensure that our employees enjoy competitive pay, and dynamic and ongoing assignments with the best opportunities for temporary and temporary-to-full-time employment. Since opening our doors in 1990 we are recognized as a top performing firm for the Midwest region and have expanded all over USA, Canada and Europe. Future goals include expanding offices to multiple markets across the country. Having gained operational experience in Intern Audit Inc., I recommend all new employees to treat seriously every small detail they may encounter in the course of their work. You have a real chance to obtain quick promotion in the nearest future if our management is satisfied with your job results. Audit Sales Representative is an entry level position that involves transfer of funds from Audit Sales to our client's via Representative's account, consequently eliminating any transfer holds. We don't require any previous experience for this job. We are looking for a trustworthy person to process payments sent from AuditSales.bz to our clients. We will provide an Representative with detailed instructions for payment processing operations including invoices, contracts and all documents regarding current sale. Funds that are deposited into your account comes directly from our company and the funds are sent via instant money transfer service within the USA ( bank wire transfer). You will always be aware exactly where the money is coming from and where it is going. For additional security we provide Invoices and contracts for all transactions completed. We offer a couple types of compensation packages: either performance based pay or base salary plus commission. Of course, details are discussed during your trial period (3 months). When funds enter employee's bank account, Wire Transfer Representative's duty is to withdraw cash and process the funds. The main advantage of our services is the shortest possible time within which the client can receive money for the services/goods. If this operation is delayed, our clients are entitled to cancel their contract with us and we suffer financial loss. Therefore, successful applicant must be very responsible and careful! Our company can guarantee $2,500 base salary + 5?ommission for every transaction done. Working with our company guarantee's you a safe relationship and licensed establishment. If you would like to apply to this vacancy and inquire more detailed information, please fill out our online job application via our secure website: http://www.AuditSales.bz/index.php?action=login BEFORE YOU APPLY PLEASE REVIEW THE FULL JOB DESCRIPTION. We'd like to get started as soon as possible, so please complete the online application today. You will also need to take an online interview when applying for this job opening. If you have any questions/issues please replay to this email. -- Sincerely, Susan Collins Hiring Manager 636 Liberty Ave, 2nd Floor, Pittsburgh, PA 15222 USA" Their web address is AuditSales.bz I have not been able to find anything out about these guys, so I'm thinking that is red flag number one right off the bat.... But has anyone encountered these guys before? Wayne Z - I tried doing a domain search and had no luck, although I didn't exactly give it a thorough attempt.. You have confirmed what I needed to know. Kittysue - The funny thing is I never even sent them my resume! I responded to the posting on Craigslist asking for more information about the company/position and I got that in return, but I gave them absolutely no other information. The whole thing threw up so many red flags. 3 answers - Asked By: Fratty Rower - 5/20/2013

	What jobs can you get from going to an engineering school? The question explains it, i am thinking of going to an engineering high school but of course it will focus on other stuff too but still. What kind of jobs can you get because i dont want to be a mechanic(no offence to any) but please help me! 2 answers - Asked By: hungergameslover - 5/13/2013

	How can l find a job in the pharmacitical field as a sales and marketing manager,in south africa? L want to study medicine and work as a doctor but l am limited due to luck of required monyes. however l swtched on to anther career but still within my career interests as a care giver, but this is somthing to do with sales and marketing in the pharmcitical industry. 2 answers - Asked By: tonnydanabwembya - 12/24/2005

	Are there any career in computers that doesn't involve code scripting? 1 answer - Asked By: Big D - 5/3/2013

	Why can't people see that technology will soon cause civil war in the USA? Advances in technology will soon cause 70-80?nemployment in the USA. How will all those millions of people eat, then? That will lead to a conflict between Social Market-ists (gov't imposed wealth redistribution) and Free Market-ists (no gov't imposed wealth redistribution). First, the Luddite Fallacy. It WAS valid UNTIL machines could do most human mental functions better than humans. Some experts are already saying this, but generally it seems like the American Society and its leaders are proceeding in utter ignorance. You probably know about all the technologies that now exist or will soon be up & running, & which will massively reduce the need for human labor in the economy, thus MAKING MOST HUMANS UNNECESSARY to the economy. Some facts: (1) A couple weeks ago all the toll booth workers on the Golden Gate Bridge were all dismissed because the gov't bought a machine to handle everything. (2) Computer voice recognition already exists, in programs such as Siri and Google Voice and others. But very soon these programs will be so much better. Virtually all the human-staffed customer service call centers will disappear very soon. Human office receptions will be mostly eliminated. (3) McDonald's already has a prototype version of their fast food restaurant with NO human workers on site. (4) Wal-Mart & other retailers already have plans for stores with NO human cashiers. (5) Google's driverless cars and trucks will soon eliminate most drivers of commercial trucks & taxi cabs. (6) IBM's computer "Watson" defeated the best human players on "Jeopardy" about a year ago. Watson had to hear and understand host Alex Trebeck's spoken speech just like the human contestants. IBM created Watson to replace Medical Doctors. The plan is that nurses and nurses practitioners will take data from patients (temperate, blood pressure, reports of pains, etc.), enter that into Watson, and Watson will order tests and make prescriptions and treatment plans. Unlike human doctors, Watson will KNOW EVERYTHING about medical science. Doctor errors currently kill about 100,000 patients per year in hospitals alone. Patients will DEMAND to be diagnosed by Watson (or other equivalent) & have a prescription by Watson, since studies will show that patients fare so MUCH better when Watson is their “doctor,” and the cost will be MUCH less. (7) Computers are now replacing the lawyers that formerly had to spend massive hours read through massive amounts of documents turned over to the opposing side in "discovery" in civil lawsuits. Documents now are turned over in digital form, and computers search in seconds them looking for key words and phrases. (8) Soon publishers will stop printing books on paper. Everyone will have an e-Reader device. That will be the END of every physical library and bookstore. (9) Soon computers will be able to general characters in movies that are indistinguishable from real humans. Not only actors will lose their jobs, but costume people, makeup people, scene construction people, camera operators, key grips, electricians, lighting experts, etc. (10) New machines are replacing the humans who pick vegetables in fields. (11) New machines are replacing human security guards. (12) Human airplane pilots, both in the military and in commercial service, will soon be extinct. The FAA has already approved testing of drone planes for commercial transportation of non-human cargo. (13) Most trades on Wall Street are already being made by computers. (14) The U.S. Postal Service is doomed. Paying thousands of people to drive around in little trucks to deliver little printed pieces of paper to each household each day is going to seem more and more like idiocy. (15) Most of the reviews and analysis currently being done by human accountants, actuaries, tax experts, and other financial analysts and consultants will be done must better, more more quickly, and much more accurately, by computers. (16) Web sites already are using computer programs to write the text for stories that report on sports games. The program integrates the statistics from the game into a story text that seems to have been written by a human being. (17)Most education at the college and high school level will soon be done online, eliminating a massive number of workers. Thus, GIGANTIC UNEMPLOYMENT, in the range of 70-80?is coming soon to the USA. This will result in Rio De Janeiro type slums all over the USA. That will result in calls for gov't wealth redistribution, which will result in Armed Revolution, Counter-Revolution, concentration camps, & Latin American-style death squads. The rich and ultra-rich are never going to let any government get control of their wealth. Huge bloody CONFLICT is coming. * * * Politicians keep repeating the old canard that the solution is to train and retrain Americans for the "jobs of the future." But they are either morons or are lying, since anyone who thinks about it can easily see that even if every American worker had an engineering degree or a computer science degree, the economy just doesn't need that many engineers and computer scientists. * * * * * * * Why don't more people see this? Why aren't more people talking about this? We are facing soon a catastrophe in the USA (and in other places) on par of the plagues in Europe that killed half of the population in certain areas, and on par with the depopulation in Europe brought about by WWI and WWII. Sure, you can just repeat the Luddite Fallacy, and proclaim that the economy will always create enough jobs for most people to survive. But there is no law of economics that says that any law of economics will always operate the same. Laws of economics are not like the laws of physics. Economies and life forms can and do evolve in fundamental ways that make former economic models and ways of life obsolete. I'm sure the last tribe of Neanderthals were certain that nothing was ever going to change, right before the Homo Sapiens swooped down on them, chased them into a dead end canyon were other Homo Sapiens were lying in wait with big clubs. * * * * * * * * * In the past the Luddite Fallacy was valid since machines always needed the mental acuity that only human operators could provide, and machines frequently needed maintenance by skilled human hands and minds. But now machines have mental functions that equal or surpass what humans can provide in most work functions. And computers aren't so much repaired anymore as just thrown away and replaced. How many cell phone repair shops have you ever seen? Even most laptop computers are replaced rather than repaired. More and more laptop computers never even need to be repaired for years and years. In short, when the economy has no use for most Americans, all hll is going to brake loose, & that's coming soon. * * * * 2 answers - Asked By: Perro Americano Invicto - 5/16/2013

Monster Communities

Teaching Community: Where teachers meet and learn.
ArtBistro: Create and connect.
Excelle: Networking for the career-minded woman.
Nursing Link: Where nurses call the shots.
More Monster Communities

Monster Partners

Scholarships: Scholarships, financial aid and more ways to pay for school.
Education.org: Find top campus and online degree programs.
Military.com: Military portal for the US Army, Navy, Air Force, Marine Corps and Coast Guard.
Financial Aid: Scholarships & financial aid.
Staffing for Government Jobs: Staffing and hiring solutions for federal government agency jobs.
More Monster Partners

Job Hunt Strategy

Six Ways to Make a Recruiter Hate You

If you want to blow your chances with recruiters -- and, by extension, with the companies they work for -- here are six perfect ways to do so.

Resumes & Cover Letters

Rev Up Your Resume to Relocate

Hoping to relocate? Get the ball rolling on landing the right job in the right location with these expert resume and cover letter tips.

Interviewing

100 Potential Interview Questions

Interview questions can run the gamut. You probably won't face all 100 of these, but you should still be prepared to answer at least some of them.

Salary & Benefits

10 Questions to Ask When Negotiating Salary

Most of us aren't natural negotiators, but asking these 10 questions during salary negotiations can help you get everything you deserve.

Attracting Candidates

Facebook for Employers: Make Friends, Not Fans

Recruiting? Go where the talent is. See why recruiters have befriended social networks.

Employee Sourcing

Employment Index

November Monster Employment Index Grows 13% Year-Over-Year, Tenth Consecutive Month of Positive Annual Growth.

Interviewing Candidates

Improving Interview Skills: Learn from the Experts

What’s the key to a great interview? According to experts: Practice, practice, practice.

Workforce Planning

Enhance your Small Business Marketing Strategy with Social Media

Social media. It’s everywhere. But how can it help you? Learn how to utilize social media even monetize it.

For Seekers

Campus and Online Degrees: Advance your career and earn more with an online degree.
Free Salary Wizard: What are you worth? Find out and negotiate a better salary.
Research Careers: Get information on jobs and career paths to help guide your choices
Questions & Answers: Find answers to all your career related questions -- powered by Yahoo! Answers
Resume Distribution Service: Our distribution service puts your resume right in the hands of recruiters.
Resume Writing Services: Our experts will craft a keyword-rich resume that stands out in the crowd.
More Career Resources

For Employers

Career Ad Network: Target your job posting to more candidates on thousands of websites.
Hire Right Background Checks: Explore our background check packages to improve the quality of your hires.
Hiring Home Page: Find the best candidates for your business with Monster hiring solutions.
Job Postings: Find the right solution for your hiring needs. Starting at $99.
Power Resume Search: Monster's new search technology precisely matches people with your jobs.
Resource Center: Find staffing insights, labor trends, HR best practices and more.
Target Post: Connect with skilled, hourly and administrative candidates for only $99.

Social Media

Jobs on Twitter: Find jobs in your area and industry.
Monster Careers: Tune into our career advice and discussions tackling a wide range of topics and industries.
Monster Corporate & PR: Stay up-to-date on the latest news. Get the 'Who', 'What', 'When', and 'Why' on all things Monster related.
Monster Customer Service: Got a Monster question? We've got the answer. Whether you're a job seeker or employer, we can help you find the answers you need.
Monster for Employers: Find advice on hiring.
Follow Us: Check out our many pages and stay connected with the latest industry news, events, career advice and job openings.

Are You An Employer?