Where should bright young grads go now? Well, follow the money…! Where’s the money now? Not in manufacturing…at least not in US-based manufacturing. And not in marketing either – gone are the days of selling soap to big families with big pay raises. How about finance? Forget it. The boom in credit lasted more than 50 years. But who can borrow now? Only the feds. Sure a few big banks will make money by helping the feds raise cash. But the big expansion in consumer credit is over.
Now, government is about the only major industry that is expanding. The feds have the money now. They’re even handing it out. Get in line!
Corruption in D.C. is the biggest game in town.
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