[Coronita]

I like inventing new words these days. It makes makes me feel very presidentially biggly huuge.

Now of they would just stop sending my grudgery work to Chyna…

[Coronita]

[quote=no_such_reality]No, don’t backtrack. A good 80% of IT work is ‘grudge’ work. Most IT orgs are running 80% maintenance/20% new.

Maintenance is defacto grudge work, even if it is skilled. Even within that, there’s a pecking order of “grudge” being the first level service people. That is coming back. Most of maintenance that is going is gone that which remains, remains because of on-shore fears of not being able to touch their IT support or other embedded concerns. Make no mistake, a properly functioning and efficient IT maintenance organization has reduced the positions to a factory assembly line role. that’s grudge, IMHO.

Even then, it isn’t the grudge work getting outsourced anyore, it’s new development work of architecting, designing, building and implementing the new solution.

In fact, the more non-vanilla the major implementation is, the more likily it will be outsourced and done off shore. Almost every major ERP/CRM implementation even when “kept in-house” is 80% outsourced and the majority of it is off-shore. Almost all the custom coding will be done off-shore.

Some like Tata are completely off-shore with an on-shore team of mostly H1-b/H2-bs and others are “hybridized” with anywhere from a 5-20% on shore mix.[/quote]

IT work at a non-tech focused company just sucks donkey butt, imho. That’s from my brief experience. If you want to do IT, work at a software company that creates the IT solution/app/backend that other companies use…Don’t work for in house IT group that implements some backoffice function for RTB functionality of a company.

[Coronita]

[quote=scaredyclassic]mechanical eng.

hes open to being part of the military industrial complex.[/quote]

He’s fine once he gets security clearance.
He’s probably better off if he goes to Maryland, Virginia, D.C. though.

[Coronita]

[quote=no_such_reality]I don’t think anything meaningful will change on the H1-b front.

flu is wrong on the IT grudge work. The grudge work is starting to come back on shore. It’s all the mid-level/high level IT stuff now that is mostly getting impacted because of the pay differential.

IMO, the H1-b and more importantly, the outsourcing stances are really just management exercises in addressing core structural problems they’ve been lax in addressing for a long time. It’s the path of least resistance. They can address the cost impact of the speed/cost/quality triangle without having to address the underlying demands affecting the utilization.

It doesn’t fix the problem but does for executive management fix the cost/headcount issues that are often spiraling out of control. IT often has been treated as a public good in corporations and all the demand problems that go along with that. Essentially, the corp execs privatize it.

The one thing flu is right on this front is that you should intervene if your graduate is about to take an IT position. It would be like taking a manufacturing job in 1980s, IMHO. Sure there will be jobs around, but displacement, chaos will be the norm.[/quote]

Let me restate that….

Not all IT work is grudge work.
But most of the IT work that is easily outsourced is grudge work.

Arguably a lot of the work google does is IT work on backend systems, and that isn’t necessarily grudge work, and hence not something that would typically be outsourced.

[Coronita]

[quote=njtosd][quote=flu] and there would be ridiculous amount of six sigma processes [/quote]

Is that still a thing?[/quote]

No, but there’s other equally painful, over the top processes
.

[Coronita]

If you want job security, work at a defense company. Pay would suck, the bureaucracy would drive a lot of people mad, and you would have a lot of not technical people running the show that might infuriate you (PMs), and there would be ridiculous amount of six sigma processes and other mental masturbatory exercises to make bean counters happy…but hey, you want job security….

And you might even be able to work on the latest coolest killing machines.!!!

[Coronita]

Depends on what sort of engineering or if it’s is grudge work IT.

As far as a new grad, I don’t think h1bs really affect things that much.

New grads tend to be cheap. We we hired new grads, it wasn’t pay that mattered. It was how solid the candidate was. We paid the same regardless of their visa status.

I am sure though, there are plenty that would disagree though. Particularly those that aren’t engineers.

[Coronita]

[quote=teaboy]Flu,
So wtf do we do now? I’m 95% cash and still waiting for the equities apocalypse/buying opportunity we talked about. After successfully predicting the Trump win, we still lost by incorrectly predicting the resulting direction of stock prices.
I’m regretting I didn’t hold longer, now.
Gosh darn it, when will I learn?!? It’s “time in the market” that counts.

Niels Bohr: “Prediction is very difficult, especially about the future.”

tb[/quote]

Well, I bought some bank stock and some gold mining etf yesterday. I wouldn’t sweat it though. Better to make some money than lose some money. In all, I’ll close 2016 about 12%. Start out in 2017 with a slow drip into index funds again.

Grab a beer and relax for the rest of the year.

[Coronita]

Why would you want to sell if you cash flow well? I mean, you would get hit so hard with depreciation recapture, capital gains, etc.

[Coronita]

It’s a beautiful day today. Don’t stay behind the blog too long. Otherwise it can get depressing.

Enjoy the nice weather!

[Coronita]

So the funny part is that it appears Trump is now saying he’s not planning to try to kill obamacare……I thought that was one on the main reasons people were backing him….Lol…I wonder eventually how much of what he says, he’s actually going to do.

I’m beginning to think that as he slowly learns what each of the issues are, he’s now like saying “oh shit, I didn’t think about that…That isn’t such a bad thing after all…”

Trump likes main Obamacare provisions ‘very much’

http://www.bbc.com/news/election-us-2016-37953528

US President-elect Donald Trump has said in an interview he is open to leaving intact key parts of President Barack Obama’s healthcare bill.
Mr Trump, who has pledged repeatedly to repeal the 2010 law, signalled he was receptive to a compromise after visiting the White House on Thursday.
He told the Wall Street Journal he favours keeping two pillars of the bill because “I like those very much”.

ha ha ha, oh my god… He’s not even in the white house yet, and he’s flipping on some of the main pillars of his campaign. Wow, that’s awesome.

[Coronita]

[quote=millennial][quote=flu]….And so to some extent, a wall has already been built, which I think is a little sad.[/quote]

Great story flu! I agree wholeheartedly. It’s really sad that someone whom kids learn in school to admire, says such hurtful things. Some kids are smart enough to know that the president elect is nothing more than a bully, but others will mimic and intentionally/unintentionally hurt those around them.[/quote]

It this particular case, I know the kid that said it. I honestly believe he wasn’t trying to be hurtful. He was really just trying to tell a joke about Trump. Here’s probably smarter and more sophisticated than most kids his grade. But, unfortunately, that poor girl didn’t understand that it was a joke. I think she was taken aback that one of her own now-ex-friend..

[Coronita]

For a lot of us, this wasn’t about having an ego bruised, it was more about our kids.

Here’s something that happened at school the other day. 5th graders…..

So my kid and her friends were hanging out. One of the friends, a boy, decides to be funny, and makes a joke…

He says “How can you tell Donald Trump was here?”
He points to a retainer wall and says “here’s a wall”….

Now, I know he was just joking around, and probably making fun of Trump more than anything else, so all the kids laugh (even my own kid)….But there was a poor latino classmate that was with the group and she was just mortified, and started to cry. They boy felt bad because he really didn’t mean to hurt anyone, he was just joking around about it. My own kid didn’t understand why her friend reacted that way, and so I explained it to her: some latinos (even though they have citizenship here, and have family members that serve in Camp Pendelton) feel unwelcome in this country. It would be no different that someone looks at you and says, send all the Chinese back to China, to which my daughter says…”but, I was born here….”…to which I say…exactly….. Anyway, the boy didn’t really mean anything and talked to the girl and it was all fine afterwards…And no, no parent were involved in this, as they appeared to work things out themselves, luckily because the boy is(was) a friend….(more on that later).

Trump, might not really build a wall, or ship bus loads of migrant workers home. But the damage is already done. I don’t think the latino girl wants to be friends with the boy anymore too….And so to some extent, a wall has already been built, which I think is a little sad.

[Coronita]

There are probably many people who are on this board that aren’t considered what you say are “lucky” and are very much part of the middle class, flyer. I’m pretty sure there are many who actually have to work really hard to put a downpayment together, who have a middle class job, and really do have to put a lot of effort into making payroll, and do really have to worry about a job loss.

And if you multiple a lot of them, and they are angry….People like me probably end up paying for it, whether it’s “Hope and Change” from the left or “Ship them Home” from the right. You, however, most likely get a free pass….So I’m not sure what the point is. Just saying.

[Coronita]

The rich non-minority 1% are breathing a sigh of relief. Clearly all the economic ills of the the american middle class is not the non-minority 1%…Clearly, it’s all the colored people’s fault.

Well played, non-minority 1%… Well, played…

Lol…

[Author]

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