Quote:
Originally Posted by Tyrone Slothrop
No one was discussing the bona fides, noblesse oblige or otherwise, of the two political parties.
Your 1. point is Froot Loops. If that work wasn't valued, people wouldn't pay for it.
Your 2. is also fairly loopy. If you think you can hire uncredentialed people who will do just as well, go do it, and undercut your competitors. But you can't. And companies also get rid of high-paying jobs to hire less expensive workers.
Your 3. is not loopy, but to say that it is a problem more important than Beltway paralysis is just silly. As a resident of California who just had his hair cut by someone who needed a state license, I get it, but did that add $1 of the $17 tab (before tip)? If you want to talk about the ways that the haves have rigged the system to serve their interests and screw the have-nots, talk about zoning. The rents in so much of the country are too damn high.
|
1. You ignore my point about about introducing instrinsic valuation to the discussion.
2. I cannot hire people without certain credentials because the guilds prohibit it. That's the whole point.
I've managed a lot more people than you have. I'm not bragging. It's just dumb circumstance that I happened to manage people, and trust me -- I didn't want to do it and don't want to do it again.
I found credentials (advanced degrees and certifications) were really poor indicators of who could succeed in a position. Because I like to do things like this, I gave huge responsibility to people I judged to be smart based on other factors. I gave one a five figure raise. I never had a problem. Except for the people who had credentials, who really resented taking orders from those who didn't. But YMMV.
A layman can't perform heart surgery, but a paralegal can certainly practice a good bit of law, a non-CPA tax preparer is every bit as good as a CPA in most instances, and a fund manager with a CFA is not delivering magical returns relative to one without.
3. Re zoning, agreed. As I said, there are numerous ways we rig the system.
