Maggie's Farm

I want to highlight this morning's Samuelson link, Is the economy creating a lost generation?

I suspect that many of our readers are seeing this happening around them these days. It is a terrible time to be a graduate, whether of college or of grad school, and this seems unlikely to change any time in the next four years. There will be a glut of job-seekers such that a job - even a job without great career-building prospects - will feel more like a privilege than like an opportunity.

It's sad to see eager talent going unused. What young people in this economy need to do is to ramp up their job-seeking skills to a level of intensity rarely required in the past 40 years, or to make something interesting happen themselves, on their own initiative. Necessity is the mother of invention.

Compared to these youngsters, I feel like I had it easy. And I didn't because I went eight years going from place to place with little kids, never with a real or even semi-permanent home, trying to find my right niche, never making much money at all. Constructing the life or career one dreams of is never easy and often impossible, but it's far more difficult now.