Would taxpayers countenance unemployment assistance and retraining for the over-degreed and over-connected who suddenly found demand for their services nonexistent?
One of the more interesting phenomena related to the media coverage of the oil and natural gas industry in recent years has been the massively disproportionate attention paid by reporters and editors to a couple of degreed geologists, David Hughes and Art Berman.
Two highly effective self-promoters who love to emphasize their background as degreed geologists in order to attract media attention, or thousands of very smart professionals who quietly work their butts off behind the scenes to make sure their respective companies produce maximum returns to their shareholders?