When I graduated in 1978, I wanted a job in a publishing house. I sent out what I though were a lot of letters—50 or so—before I got totally depressed. I had to go home to my parents, and after a month, they thought I was doing nothing to find a job (I had stopped doing much of anything), and they kicked me out.
I freaked, and took a job washing dishes. That lasted for a week, and I quit on a Saturday night with dishes stacked up above my eye height on three sides of me. I remember being very surprised when they gave me my paycheck.
I worked a deal with my parents to do some carpentry work on the condition that I would save up a few hundred dollars and then leave, never to be seen again. I moved to NYC, found an apartment in a pretty bad neighborhood with a couple of other guys—one from my town and graduating class for both hs and college.
I got a job in a few weeks going door to door raising money for political causes—the first one being the ERA. For the next three years, I did that. I never made $7000 in a year. This is the vaunted college education and here I am going door to door selling ideas, making barely more than minimum wage.
Whatever. It kept a roof over my head. I didn’t have to go back to my parents. Most of my friends had found jobs making a good deal more money than I had. So I felt pretty much like a failure.
I went back to grad school six years after college, and got another degree. Then I moved to Philly. I was unemployed for a year, and finally managed to get a job working as a clerical worker. I had a masters degree and I was working as a clerical worker. Eventually, I got hired by a former boss to do more intellectual work: building spreadsheet models, but I was still being paid shit wages. My coworkers used to joke about me being a perfect example of market failure.
Well, I don’t know about that. Maybe the market was paying me exactly what I was worth to them. Maybe I have a good education, but a good education isn’t worth as much as one might think. Maybe if I only had a high school education, I’d be much worse off, financially. maybe people get the idea that doing well is actually doing far better than well. Maybe average is really just hanging in there. Just enough to pay for a mortgage, a car, and food. maybe entertainment is extra.
Eventually, I got married, and things became easier, because we both worked. We were finally able to save and buy a house and have kids (which was expensive for us since it took a lot of medical intervention that we had to pay for out of pocket). There was never any chance that I could support a family on my salary. We always needed two salaries.
Did I lack ambition? I don’t think so. I was just unprepared for the recession I graduated into. I was unprepared to find a job using my education. I had no clue. I was depressed. I didn’t like being told “no” all the time when asking for jobs. No one ever taught me how to look for a job.
After I landed in NYC, and got myself established, my parents did give me a computer in 1981. That computer enabled me to learn spreadsheets and databases and word processing. I taught myself. Probably some of the best skills I ever learned. Turned out to be things people actually were willing to pay for. Because I taught myself those skills, I didn’t value them. Had I known how rare they were, I probably could have made a lot more money than I did. Hell. Now I have a lot of other fancy computer software skills, and I could probably make a lot more money if I wanted to look around.
But the truth is that I lack ambition. I’d rather hand out and fluther than make big bucks. Maybe I always lacked ambition. But I guess I’ve been able to get away with it. You have to nurture your soul as well as your body, I think. I think the marketplace takes care of ambition for us. Most of us would rather work than starve, and so we do what we have to.
So I don’t buy the ambition story. I think people do what they have to, and that’s fine. They’ll get where they want to go, over time. Things don’t happen as fast as they may want. But the recession won’t last forever, and people will find things to do, recession or no.