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                                                                                                 V O L UM E I , IS S U E 1

B a c h e l o r s d e g re e f or m i ni m u m w a g e                                           S E P T EM BE R 2 0 1 0
For many years, the US has ingrained      loan and credit card debt that these kids
into the millennial generation that       collected for the past four years.
education is of great importance. Jobs
want someone with minimum bache-          The millennial generation have grew up
lors degree. However, is it worth         expecting that by going to college doors
                                          will open and the world will be at their
spending and draining ourselves into
thousands of dollars into debt, when      feet. Our own government continually en-
all it waiting for us is minimal wage     forces this fantasy despite the decrease
job? It’s insulting that most jobs        performance in our schools. The parents
nowadays will only accept bachelor        expected life is set once their children re-
degree candidates for less than           ceive their paper. Unfortunately still to
$50,000 salary.                           this day, the older generation doesn't com-
                                          prehend that this nothing more than mere
Especially in this economy, these kids fantasy.
                                                                                           Georgetown Graduates de-
didn’t go to school to be making mini-
                                                                                           manding work
mal wage. Honestly it doesn't require It’s simple economics of supply and de-
even an high school diploma to re- mand. The surplus of bachelors degree are
ceive such thing so why should one now depreciate value since anyone study
                                          four years for higher education.
bachelor degree? Will your $8.25 per
hour pay your entire bills? Probably Cont… to page 3
not! Still liable for that costly student

Ye a r o f th e R e p u b l i c a n s                                                       Inside this issue:
It’s at the end September      that the republicans have a    state offer very little to
and barely over a month        chance to regain some con-     no business taxes. In         Why doctors wont         2
left until congressional       trol in congress. They have    addition, Texas is one of     enter Primary Care
elections. This election has   stopped the democrats pro-     the 11 state tax-free
as much feud as the 2008       posing universal health-       states.                       Tech taking over         2
election. The performance      care. Are persisted in help-                                 human jobs
of the Obama Administra-       ing businesses by making       How does the perform-
                                                              ance of Texas effect the
tion and Democrats have        cost low to compete against                                  Young Turks              3
left some people at odds.      our global rivals.             republican’s ideals?
The same spark people had                                     Right now the US needs        Heartache of             4
two years ago, doesn’t ex-     For example; republican        its business leaders and
ist this year.                 state, Texas, have won #1      entrepreneurs to create
                               business-friendly state of     jobs. They agree with
With the bush tax cuts ex-     the country. Besides the       President Obama’s idea
piring this year, rising un-   fact they are big oil and      for made in America, but
employment, and govern-        health industry. Their em-     for that to happen the
ment taking over. It seems     ployment rate is high as the
                                                              Cont… to page 2
Page 2

W h y D o c t or s w o n t e n t e r p r i m a r y c a re
With the decrease of med       nately, the pay isn’t that suf-   and/or PPO which are usually
school applications and        ficient compare to other          run by MBAs, who have little to
great federal support for      fields. Especially, when they     no healthcare experience. They
entering primary care. Why     can trained in a different        will make decision about the
we are still losing primary    field in the same time with       patients leaving the doctor
care physicians? Why is the    higher pay. Last year, re-        helpless despite years of train-
demand still high? Why         ported the average was esti-      ing. The elderly proven to be
even offer of full ride to     mated to $201,000.                more another burden because
medical school, if students                                      they are most needed yet very
                              Primary care physicians are                                           Dr. Dwight exam-
refuse to enter primary care                                     costly to treat. Medicare will     ines Mr. Darkins for
field?                        more at the mercy of insur-        only pay less than 50% of fee.     regular check up
                              ance companies and cheated         Unless something changes its
Well for starters, medical by Medicare/Medicaid. In              less likely that students would
students pay attention to the some hospitals, the physi-         practice primary care.
economic value. Unfortu- cians are bound to HMO

   “But in general, I
                           Te c h t a k i n g o v e r h u m a n j o b s
         hate the self     Walgreens and CVS had recently open up    There are some customers who aren’t happy
 checkout registers.                                                 with this new movement. “But in general, I
                           new self-checkout registers. So far custom-
                           ers have been pleased and the checkout    hate the self checkout registers. I feel like I
     I feel like I can
                           process is much quicker. Well at least    can never go fast enough, so there are peo-
        never go fast      some of them. However, how does that ef-  ple huffing and puffing behind me, and
    enough, so there       fect the current employees?               I'm trying to move it along... Ugh”. It’s obvi-
  are people huffing                                                 ous the company are trying to save revenue
                           This movement made have created more by eliminating employment. Although we are
 and puffing behind        efficiency for the company & customers. still in era of computers, should our jobs be
              me, and      Unfortunately the employees are now en- forsaken for this technology advancement?
  I'm trying to move       dangered. There are fewer human registers
                           leading the rest to unemployment.
    it along... Ugh”.

                      C o n t … y e a r o f t h e re p u b l i c a n s
                     We need to embrace capitalism not punish its forgotten why America had democratic gov-
                     creators.                                       ernment for the past two years? Angry towards
                                                                     the bankers, housing bubble, bailouts, failing
                     The democrats are looking for the little guys companies and fraud. Ironically this was hap-
                     but it’s the big ones who are in control. These pen under republican watch. So everyone
                     people are making 6 figures and more but will voted and agree to democrat takeover. Now
                     be force to lose 40-50% of their own hard they have change their minds. Should things
The belief of the
                     earned money. Why should the top 25% lose go their way republicans should some control
republican party
                     much of income to the majority’s faults?        to balance things out. However, in a recession
                     Despite the shinny green light for the republi- politics doesn't matter and need to keep that
                     cans nothing is set in stone yet. Have people mind. Don’t want a repeat of 2008 election
                                                                     two years from now, do we?
                                                                                                                     Page 3

                               C o n t . . B a c h e l o r d e g re e f o r m i n i m u m w a g e
                               These employers are look-       money. They need someone        counterparts who are miss-
                               ing for not only paper but      who has clue what’s going       ing the experience, skills,
                               skill and for some experi-      on and may not want to in-      and/or network. This reces-
                               ence.                           vest time to train the newly    sion is proving advantage
                                                               youngster. Granting oppor-      for the older adults and
                               As in “what do you have to      tunity for the older genera-    leaving the youth behind.
                               bring into the table and        tion to step in. Unfortu-
The rate of young
                               how will that help our busi-    nately jobs that were once      How have the youth combat
unemployment is                ness?” leaving these kids       obtainable for younger gen-     this issue? Some have re-
very high                      are scratching their heads.     eration are almost nonexis-     futed college and focus on
                               Nothing in college have         tent.                           building a trade to work in
                               prepare the youth for this.                                     blue-collar. Some have de-
“They need                     Except for a few majors,The rise of evening degree              velop their own business to
                                                       programs to obtain a
                               but the majority are plain                                      avoid the corporate world.
someone who
                                                       bachelor and/or master de-
                               arts that holds no relevancy                                    A few develop their network
has clue what’s                                        gree. Permits the older
                               for the job they are apply-                                     for job/career placement.
going on and                                           adults to catch up and learn
                               ing. College overall doesn't                                    Regardless, the youth need
may not want to                                        new skills to strengthen
                               train you for a skill or tac-                                   work because soon its them
                                                       their job application. Em-
                               tic needed in the real world.                                   who will be running the
invest time to
                                                       ployers see their experi-               show.
train and entrust              Employers need a reason ence, skills, network, and
the newly                      hire you besides saving paper unlike their younger

C a r s : E u ro o r J a p a n
After all this argument, its   sturdy in built, shorter         Let’s have a little fun with
time to decide what is bet-    breaking distance, and safer    a game of “battle of the
ter, European or Japanese      from accidents. Anyone can      cars”. Our competitors;
vehicles. Now they both        recall Audi, BMW, and Mer-      representing Europe is Mer-
provide quality and prefer-    cedes?                          cedes 2010 M-class and
ence for the customers.                                        representing Japan is Toy-
People will admit that in      Japan does provide safer        ota 2010 Land Cruiser.
some ways are better than      vehicles, and they have less    Mercedes cost $43,239-
their American counter-        tendency to breakdown.          $92,520,hold 5 passengers,
parts.                         Therefore are more reliable,    4 year warranty, difficulty
                               can you recall Honda and        to negotiate. Toyota costs
Consumer Report have           Nissan for this evidence.       $58,392-$65,970, holds 8
research and studied the       Please note, that they aren’t   passengers, 3 year war-
major difference. Where        very fast. However, if you      ranty, and much easier to
performance is concern,        want to keep it simple with-    negotiate. The winner is
European vehicles have         out such expectations, these    Japan, but its all prefer-
the best handling perform-     models are for you.             ence.
ing models. They are more
                                                             JTStreet e-newsletter is side file of original blog,
                                                             JTStreet on wordpress. This is basely a monthly letter
E-mail: missjmt@gmail.com
        jessicathomas2014@northwestern.edu                   to generate to the millennial generation of current
                                                             events. Like its counterpart, expect reports upon vari-
“Young people are in a condition like permanent intoxi-      ous topics such as technology, politics, etc… We will
cation, because youth is sweet & they are growing” -         report such things that’s more impacting the millennial
Aristotle                                                    such as education.

“ A civilization which leaves so large a number of its
participants unsatisfied and drives them into revolt nei-
ther has nor deserves the prospect of a lasting exis-
tence”- Sigmund Freud

 I n t ro d u c e b l a ck b e r r y ’s n ew re l a t i v e , t h e t o rc h
 RIM has outdone themselves this year with the release of the Torch. The slide black-
 berry phone, which is very attractive to the buyers. For current blackberry holders,
 understand that this phone is a fusion of the storm and bold. In addition, it performs
 like the android. According to RIM, the torch is more advance with more features than
 its predecessors. Including: expandable memory up to 32GB, enhanced music player, 5
 MP camera, integrated social feeds, faster browsing, intro lessons, and better battery
 life. RIM claims this phone should combat Apple’s iphone. We will have to wait next
 year to see some results.

 Unfortunately, as unique this phone is there are major downsides which could have put
 RIM in better competition. Like the iphone, the torch is only available on AT&T. Not
 many people will be willing to switch phone companies just to have the big next thing.
                                                                                              Blackberry’s new
 Plus for those who aren't use to sliders may find some difficulty and are probably bet-      member Torch, the
 ter off with their current phone.                                                            slider torch phone,
                                                                                              provided by AT&T
 Crackberry does a video of a full review on this phone. He also does a 14 minute re-         services
 view of the blackberry 6. http://crackberry.com/blackberry-torch-9800-review.

 Overall, this phone is very unique and it is all about preference. Rather or not is this
 phone worth making the switch or the purchase. Personally, I prefer the 3G Pearl and
 Storm 2. After looking at this phone it will be given 4 out of 5. Why only 4? Its AT&T
 exclusive and AT&T is known for its high cost compare to Verizon, t-mobile, and
 sprint. Also the phone is huge and that’s not good if you only have small hands.

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