ebay comes in a close second, paying $6500 a month. exxonmobil third spot followed by facebook and google. notice a trend? those internships are mostly at tech companies or petroleum engineering. these companies need to fill high tech jobs like software engineers and they ll pay to get the best. something to think about as you get the college acceptance letters. remember, stem jobs are the future. they ll drive the growth of the industries that are paying the most money for students. the u.s. is lagging behind china, india and others on stem education. we can t afford to lose that edge in integration and you can afford to have a $200,000 degree that leaves you unemployed. be very careful what you re studying, what you re good at, and what the economy is rewarding. and if you re not a math guru, if you re not a science freak, don t worry. liberal arts majors can still make very good living if they are working in fields that are stem related. back to you. christine romans, thanks very
surprise. you certainly hear republicans call for that, but it wouldn t do anything in the short-term. this is way too big an oil market. as you know, the bulk of what makes up the price of gas is the price of oil. and it s all a lot of tradeoffs, too. certainly you don t want a depression so you can have $2.50 gas. right. i want to look at this. gallop polls can find the price at which consumers significantly change their behavior is $5.35. richard, no economic statistic more immediate than gas prices and consumers are feeling it. is this justified? yeah. i i think that gallop poll says 50% to 60% of us start to change their behavior when that goose price goes above $5 or $6 a gallon. really, it means americans may have to change the way they live. that s the fifth factor that you and lizzie were talking about. it may seem painful in the short run. we have to change the way we live. we have to move closer to where we were, increasing numbers are walking and biking to
budding rocket scientists. first, blame the banks, blame consumers, blame capitalism, blame government. but who is blaming they willselves? did a prosperous america lose the ethical way and how do we get it back? i m thrilled this morning to have three very special guests to help us do some soul searching about the economy and our values and how they feed on each other. rabbi boti, author of the blessing of enough : rejecting material greed and embracing spiritual hunger and author david callahan, and a frequent guest on this program, the author of the soul of leadership. you said to me something that resonated. first in the consumer should do is learn to stop spending money that they haven t earned to buy things that they don t need to impress people they don t like. you went on to tell me that buying if you have f stuff we doend need with money we don t have, it s to keep up with the joneses. america got selfish. and america is paying. is it as simple as that? americ
tear apart the euro currency. in washington, where the super committee was a super failure. and in our own bank accounts, where incomes are falling, and americans are dipping into their savings to pay the bills. yet everywhere, you re being cheerleaded to spend money, lots of money for the holidays. $704. the national retail federation projects that s how much you ll spend over the holidays, and consumers are more than halfway there. where is all of that money coming from, and have we learned nothing? rick newman is the chief business correspondent for u.s. news. rick, they re trying to tell us to party like it s 2005. the contradiction between what s happening in washington and in europe, and then what america is trying to do for the holidays is pretty stark. you know, you see these numbers about how much money people are spending for the holidays and it reminds you back when people suddenly had expensive cars in their driveway, boats, fancy vacations. you wonder, how are
dumped mcdonald s applications on protesters last week. now on monday the economists summed up this perspective, depicting these protesters as overeducated spoiled brats. one may well agree with the general stance of ows, the magazine observed, while disapproving of tent cities reeking of trash and the entitlement of liberal arts majors with the realization that student loans are not gifts. oh, those liberal arts majors, don t they know the old saying, major in art history, die on the street? here s the problem with these, these arguments aren t based on any facts. if you look at the data for americans age 25 to 34, unemployment has doubled since 2007. add among college graduates of all ages since 2007 unemployment has tripled. what happened? well, let me tell you, the shift is no from students dropping economics to major in musicology, because they focused on rallies for student debt relief, it s from the recession. now this notion that millions of