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Cultural Imperial posted:Mian and Sufi purpose a couple great ideas requiring government intervention to save the economy as a whole. I'm all for not loving around with massive book and busy cycles as they mostly stand to benefit the rich. So if housing prices fall, people owe less? But if they rise, people have to pay more? Since the public believes prices always go up that's a bad plan.
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Jan 12, 2015 17:20
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mastershakeman posted:So if housing prices fall, people owe less? But if they rise, people have to pay more? Since the public believes prices always go up that's a bad plan. If prices go down banks take a hit to their balance sheets. This idea ensures that banks think twice about lending.
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Jan 12, 2015 17:29
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Rime posted:QFT. Hard hourly wages have fallen through the floor when you compare them to inflation adjusted examples from the past: In 1973 the minimum wage in BC was $2.25/hr. Using the Bank of Canada inflation rate, that's worth roughly $12.32/hr in 2014. Ergo, between 1973 and 2011 (when they finally increased it), the minimum wage fell by over thirty loving percent. Even today, minimum wage workers are making $2/hr less than they would have in 1973. This is massively depressing to read. I wish I could go back in time and tell high school me to go into engineering or something.
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Jan 12, 2015 17:34
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Baudin posted:Having worked in industrial jobs I can assure you some people actually do need pick up trucks to do their jobs. Surprisingly London isn't similar to working in the middle of no where (for one London has functional roads!). I always assumed the reason for the trucks was half dick waving, and half because they were tax deductible business expenses. You cannot really convince CRA that your Corolla is a work car, and the other construction workers make fun of you.
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Jan 12, 2015 17:41
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triplexpac posted:This is massively depressing to read. I wish I could go back in time and tell high school me to go into engineering or something. then you'd be unemployed for 4 months like my husband! There's a glut of STEM workers right now. People are trying to pay them peanuts, that why there's a "skills gap." ocrumsprug posted:I always assumed the reason for the trucks was half dick waving, and half because they were tax deductible business expenses. You cannot really convince CRA that your Corolla is a work car, and the other construction workers make fun of you.
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Jan 12, 2015 18:13
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Cultural Imperial posted:http://www.theglobeandmail.com/globe-investor/inside-the-market/top-links-the-biggest-debt-bubble-the-world-has-ever-seen/article22410621/ I love how our society thinks that half a billion in handouts to an already profitable corporation is just fine, but screams bloody murder at the idea of raising citizen welfare rates even a dollar.  peter banana posted:then you'd be unemployed for 4 months like my husband! There's a glut of STEM workers right now. People are trying to pay them peanuts, that why there's a "skills gap." It's funny because about four years ago I started asking people "Uhh, you know, there's an awful lot of STEM majors in the pipe right now, doesn't it seem like the heavy push for everyone to go into STEM is just an attempt to drive down traditionally high wages via huge numbers of graduates and eroded admission standards at the schools?" Right up until last year people just laughed at me and said poo poo like you can never flood STEM, it's too diverse, or we'll always need engineers!Then they started graduating and finding long months of unemployment and $35k starting salaries. 
Rime fucked around with this message at 18:22 on Jan 12, 2015 |
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Jan 12, 2015 18:13
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ocrumsprug posted:I always assumed the reason for the trucks was half dick waving, and half because they were tax deductible business expenses. You cannot really convince CRA that your Corolla is a work car, and the other construction workers make fun of you. It really depends. If you're in the city and are a trademan you usually have the choice between a cargo van and a pickup if you're running around with your tools. Cargo vans are nice if you have a lot of tools, but not as great if you have to haul debris or a trailer. As for regular construction workers, most of them I see drive cars, they're not dumb, they know it's cheaper. Once you go out of the city however trucks dominate for obvious reasons.
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Jan 12, 2015 18:13
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Gorau posted:Once you go out of the city however trucks dominate for obvious reasons. Apparently the reasons are not obvious to other posters in this thread. Have any of you worked in a remote area in construction before?
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Jan 12, 2015 18:32
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I grew up in a third world country where 4x4 was the poo poo UN assholes would tool around in while everyone else was stuck in the mud. You've obviously never had to drive through poo poo hole mud pits, much less get out of them.
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Jan 12, 2015 18:36
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Baudin posted:Apparently the reasons are not obvious to other posters in this thread. Have any of you worked in a remote area in construction before? The nearest paved road to me, right this second, is over 90 km away. Nearest inhabited town/reserve is 130. Fortunately though I'm not in construction. Just services.
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Jan 12, 2015 18:38
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I don't think I've even seen a dirt road in years. Rural = nice paved road without a sidewalk.
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Jan 12, 2015 18:40
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Gorau posted:The nearest paved road to me, right this second, is over 90 km away. Nearest inhabited town/reserve is 130. Fortunately though I'm not in construction. Just services. Close enough! Cultural Imperial posted:I grew up in a third world country where 4x4 was the poo poo UN assholes would tool around in while everyone else was stuck in the mud. You've obviously never had to drive through poo poo hole mud pits, much less get out of them. I have had to get out of them, unsuccessfully, in a tractor. It was horribly embarrassing. But thanks for apparently knowing all about me CI. Baronjutter posted:I don't think I've even seen a dirt road in years. Rural = nice paved road without a sidewalk. Not in the prairies.
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Jan 12, 2015 18:47
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My honda accord got stuck in the mud in an urban construction site because the parking was just a grass field off the street, 4 burly dudes had to push me out and it was really embarrassing because no one wanted me there since I was delivering bad news re: fire safety stuff. Construction workers need trucks to park on grass.
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Jan 12, 2015 18:57
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Sassafras fucked around with this message at 15:06 on Jan 16, 2015 |
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Jan 12, 2015 19:00
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All you need to get unstuck in 90% of situations is a shovel and a large plank of wood. Don't stand behind the plank of wood BTW.
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Jan 12, 2015 19:00
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You absolutely need a truck on the rigs. That said, most of what those guys buy is dick waving on top of it. I knew a guy who seemingly bought a 70K F350 King Ranch every 18 months after driving it into the ground. A friend took a pipe fitting job and used his old Nissan Pathfinder and it was trashed in six months. I don't know what CI is on about but getting stuck driving across a farmer's field to a well can be a common occurrence. There isn't even roads to some of the wells just a light trail you follow from well to well.
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Jan 12, 2015 19:00
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Baudin posted:Not in the prairies. Or where I'm from, up north of Ottawa... which I guess might as well be the prairies.
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Jan 12, 2015 19:01
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My wife is in construction and the amount of poo poo she hauls in our pickup is staggering.
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Jan 12, 2015 19:03
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Sassafras posted:When you keep using Langford, fifteen minutes' drive from downtown Victoria, as your example of a distant suburban hinterland, nobody is terribly surprised. Objectively, you're totally right about this. But on the other hand: ew, Langford.
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Jan 12, 2015 19:11
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Danny LaFever posted:You absolutely need a truck on the rigs. That said, most of what those guys buy is dick waving on top of it. I knew a guy who seemingly bought a 70K F350 King Ranch every 18 months after driving it into the ground. Perhaps as a side anecdote, me and my cross shift get a new truck every 18 months too. We put on average 5000 km a month on it and over the 18 month life of the truck we'll usually go the 2 or 3 transfer cases, usually one transmission, 4-6 sets of brakes (roters and pads) assorted belts, an AC unit, one major engine issue (dead piston, crankshaft bearings) and two or three sets of suspension. These roads are brutal.
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Jan 12, 2015 19:11
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Cultural Imperial posted:All you need to get unstuck in 90% of situations is a shovel and a large plank of wood. Sadly these don't help when your tractor is stuck at the entrance of a dugout in the spring, and is slowly sliding into the 15 feet of water. That was a fun day as a 14 year old. My dad was pissed. Luckily my grandpa was around with an old tractor and we got it rescued.
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Jan 12, 2015 19:13
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Rime posted:I love how our society thinks that half a billion in handouts to an already profitable corporation is just fine, but screams bloody murder at the idea of raising citizen welfare rates even a dollar.  Only 10 more days until his birthday, oddly enough.
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Jan 12, 2015 19:22
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Rime posted:I love how our society thinks that half a billion in handouts to an already profitable corporation is just fine, but screams bloody murder at the idea of raising citizen welfare rates even a dollar. Honestly don't have a clue what you are talking about, maybe it's a Canadian thing but STEM is booming in the states and only 20 percent of college grads have a STEM degree. If you want to talk about glut, look over in medicine. Well the sciences aren't doing that hot either but that's always been the case. Seriously though f you think STEM has it bad and is getting crowded (it's not) you should see the liberal arts holy lol. Of course you may still need to move-young kids don't get that regardless what degree you have it first guarantee you'll get your dream job right out of college right where you want to live.
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Jan 12, 2015 19:31
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I think there's definitely a lack of high quality stem grads. Yes that is a big gently caress you to everyone who thinks their kwantlen/bcit/cap/Douglas daycare/trinity western certificate is worth a poo poo.
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Jan 12, 2015 19:37
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Also, "STEM" has always meant engineering, computer science, and math students from well-connected schools when it comes to getting a job. A BS in Chemistry or Biology has always meant gently caress-all.
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Jan 12, 2015 19:42
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I finally bit the bullet and looked up what the hell STEM is. It's science dicks! Oh man looked up FIRE as well. Now I totally know what this thread is talking about. \/ How were rural highways in places in Canada that get winter not littered with vehicles containing frozen corpses before cell phones? Baronjutter fucked around with this message at 20:01 on Jan 12, 2015 |
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Jan 12, 2015 19:42
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Baudin posted:Sadly these don't help when your tractor is stuck at the entrance of a dugout in the spring, and is slowly sliding into the 15 feet of water. That was a fun day as a 14 year old. My dad had to lift my first car out of a snowbank that I hadn't seen across the road in the middle of a blizzard with the bucket loader on our tractor. He had to drive about 5km to get there ploughing the highway in front of him. We were lucky he had a 4wd at the time or I would have been in deep poo poo. I don't even remember how we got hold of him - he might have loaned me his old bag phone or something because I was being dumb and driving in a blizzard.
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Jan 12, 2015 19:48
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Baronjutter posted:\/ How were rural highways in places in Canada that get winter not littered with vehicles containing frozen corpses before cell phones? Rural highways still have enough traffic that you could get help. Rural gravel roads on the other hand... You had to let people know where you were going in blizzard conditions, and there were cases of people dying in the middle of blizzards (rarely while driving I believe - only the suicidal set out in a blizzard). Fun side story about rural traffic shenanigans: my grandfather's only brother died fairly young. Cause: he rolled the county grader while drunk and died in the accident.
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Jan 12, 2015 20:19
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tsa posted:Honestly don't have a clue what you are talking about, maybe it's a Canadian thing but STEM is booming in the states and only 20 percent of college grads have a STEM degree. If you want to talk about glut, look over in medicine. Well the sciences aren't doing that hot either but that's always been the case. Seriously though f you think STEM has it bad and is getting crowded (it's not) you should see the liberal arts holy lol. There's like 11.4 million STEM degree holders over here who aren't working in STEM.
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Jan 12, 2015 20:23
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tsa posted:Honestly don't have a clue what you are talking about, maybe it's a Canadian thing but STEM is booming in the states Hahaha no it's not. Unless you mean that the number of STEM graduates keeps going up at a rate much faster than job growth. There are lots of STEM graduates working in finance and/or "data science", though!
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Jan 12, 2015 20:42
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Jerry Manderbilt posted:There's like 11.4 million STEM degree holders over here who aren't working in STEM. I've read this article before and it absolutely reflects my experience. “At the highest levels of educational attainment, STEM wages are not competitive.” Ain't that the loving truth.
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Jan 12, 2015 20:48
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eXXon posted:There are lots of STEM graduates working in finance and/or "data science", though! 
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Jan 12, 2015 20:50
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eXXon posted:There are lots of STEM graduates working in finance and/or "data science", though! My brother went to school for medical engineering and ended up working doing work for cell phone networks. He's bummed about not being at all in his field, but he's making tons of money so I tell him to shut up.
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Jan 12, 2015 21:38
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triplexpac posted:My brother went to school for medical engineering and ended up working doing work for cell phone networks. He's bummed about not being at all in his field, but he's making tons of money so I tell him to shut up. Yeah, I specialised towards biomedical engineering stuff in school and ended up in general software consulting because it turns out most biomedical engineering jobs in North America are in random places in the States or pay terrible salaries by comparison (and of those there ain't many here). But its a decent stable job so I can't really complain and can always go back and do a Masters if I want to respecialize so whatever. Honestly, when I graduated from Engineering it was basically understood there was a good chance you weren't going to work in your field. I've got friends doing everything from coding to project management to finance to public policy. But none of them are impoverished by any stretch of the imagination. Mr Luxury Yacht fucked around with this message at 22:38 on Jan 12, 2015 |
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Jan 12, 2015 22:35
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Mr Luxury Yacht posted:Yeah, I specialised towards biomedical engineering stuff in school and ended up in general software consulting because it turns out most biomedical engineering jobs in North America are in random places in the States or pay terrible salaries by comparison (and of those there ain't many here). I have 2 friends with doctorates in this field and a bunch of others with various fancy sounding degrees related to bio-medical stuff. 1 is working in the field after uprooting and moving to the US, 1 moved to Vancouver to work in a super lovely job that under-pays and is a waste of her doctorate, the rest don't work in the field or ended up joining the god drat military. The 2 in the military make the most out of everyone.
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Jan 12, 2015 22:57
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edit: Oops, wrong Canada thread. Let's have an anecdote. One of my coworkers was arguing the slowdown in oil wasn't a big deal in Calgary because his neighbor's house sold in only two days. Then we had a meeting with a guy working in drilling who said that his entire team had to take a 20% pay cut to stave off layoffs this year. Seat Safety Switch fucked around with this message at 23:37 on Jan 12, 2015 |
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Jan 12, 2015 23:34
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quote:Major #oilsands layoffs to come if low #oilprices persist for "1 more month" veteran analyst just told me (@Shell_Canada started last week) Check out @crudereporter's Tweet: https://twitter.com/crudereporter/status/554732136083628034?s=09
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Jan 13, 2015 00:27
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I have that Colbert gif on hotkey so that I can spam it in here next month.
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Jan 13, 2015 00:28
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I don't have a hard time reconciling the two statements that 1) there are lots of STEM grads looking for work/working in non-STEM fields 2) there is a shortage of highly-skilled STEM workers. There are lots of highly-skilled jobs where, say, a 80th percentile STEM graduate delivers 0 value and a 99th percentile STEM graduate can deliver millions of dollars of value. eXXon posted:There are lots of STEM graduates working in finance and/or "data science", though! Finance and tech jobs are examples of these. I've interviewed dozens of people for data science roles, many or most of whom had Ph.Ds and otherwise impressive resumes, and the vast majority of candidates fell well short of our hiring bar. Most STEM grads are woefully unequipped to do any sort of highly quantitative or technical job.
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Jan 13, 2015 00:36
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Cultural Imperial posted:
Oil futures are expected to drop even more over the next few months according to Goldman Sachs: http://www.bloomberg.com/news/2015-01-12/oil-declines-from-5-1-2-year-low-as-opec-members-seek-recovery.html quote:WTI for February delivery declined $2.29 to $46.07 a barrel on the New York Mercantile Exchange. It was the lowest settlement since April 20, 2009. Total volume was 34 percent above the 100-day average at 3:04 p.m. Canadian Natural Resources to cut entire company budget by 28% http://www.cbc.ca/news/business/canadian-natural-resources-cuts-2015-spending-plans-in-face-of-low-oil-prices-1.2897869 The cut includes in a 2.4 Billion CAD total decrease in capital spending.
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Jan 13, 2015 00:44
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