Last week, the government reopened and raised the debt ceiling. YAY! We don’t all have to worry about getting flushed down the proverbial economic toilet.

At least not for another three months, when Congress has decided to do this all again.

It’s like a quarterly, let’s-freak-everyone-the-fuck-out party.

Awesome. (Not really.)

Anyway! Now that the government has reopened for a little while, some of the nation’s most influential businessmen are speaking out about it. And you know what they’re saying?

Who the hell cares?!

No, but that’s really what they’re saying.

In a recent interview with Jason Calacanis, former Facebook employee and venture-capitalist millionaire Chamath Palihapitiya claimed that the government was pretty much useless—so who gives a crap if it shuts down? According to him, corporations hold the real power in the U.S. these days.

“Companies are transcending power now,” said Palihapitiya. “We are becoming the eminent vehicles for change and influence, and capital structures that matter. If companies shut down, the stock market would collapse. If the government shuts down, nothing happens and we all move on, because it just doesn’t matter.”

This is interesting, folks.

Palihapitiya’s words are both frighteningly true and laughably false, all at the same time.

On the one hand, it’s true that for many of us, life continued as usual, despite the government shutdown. For example, as I interviewed folks last week for a book I’m writing about conservatism in present-day America, many of them had almost zero knowledge about the government shutdown.

Why not?

Because they were busy, and hadn’t been paying much attention to the news. Oh, and because it must not really matter anyway, if the only way they could know about the shutdown was by devoting a portion of their day to catching up with CNN (or Fox News, unfortunately). Their daily lives weren’t affected at all.

But, if Facebook—or some other multi-billion dollar corporation—had suddenly gone belly-up, these folks would know about it. Absolutely. Remember the financial crash of 2008? When the economy flounders, so does everyone else in the United States.

Corporations, whether or not they’re functioning properly, make people pay attention. But a white, domed building filled with a bunch of bickering Congress people? Not so much.

But that doesn’t mean that the government doesn’t matter, as Palihapitiya claims. This government shutdown was relatively short-term, and had it remained closed for a longer period of time, many more people would have felt the burn.

Nonetheless, tons of people were seriously affected. Boatloads of government employees were furloughed without pay, and millions of people who receive some form of government assistance were left out in the cold.

So, when Jason Calacanis tweets about how little the government shutdown matters—echoing the same sentiments as his interview subject, Palihapitiya—we can just grit our teeth and laugh at the skewed viewpoint of the über-rich.

Is the shutdown proving to many that the government really doesn’t do that much for them? Have you been impacted personally yet? Just asking. (@Jason)

Because honestly, Jason, lots of people were personally impacted by the government shutdown. But they were probably women, or poor, or of color, or all of the above. And you’re none of those things. Your crass assumption that, just because you haven’t been affected then clearly no one has, is hilariously out of touch.

Except it’s not that hilarious, because, let’s face it—you have a ton of power.

While Jason and Palihapitiya might be wrong about the government being inconsequential, they’re right about one thing. Big money corporations matter A LOT. They have the power to make or break our economy, and by extension, to make or break all of our lives. If the economy tanks, we’re all going down with it. At least, those of us who aren’t rich enough to charter a private jet out the mess.

And the lower down we are on the socio-economic ladder, the further we’ll fall if the economy goes to shit. Poor people, women, people of color, queer people, disabled people—the list can go on—will be hit the hardest by a major economic stumble.

So, it’s not really that funny when venture capitalist millionaires prove themselves to be incredibly out of touch. Because they have the power to make or break our economy and our livelihoods. They need to be at least mildly aware of what it’s like down here, in order to keep what’s going on up there from destroying us all.

So, Mark Zuckerberg and friends? Please check your privilege. While you earn your billions, we still need to pay our rent.

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Featured image courtesy of [Victoria Pickering via Flickr]

Hannah R. Winsten

Hannah R. Winsten is a freelance copywriter, marketing consultant, and blogger living in New York’s sixth borough. She hates tweeting but does it anyway. She aspires to be the next Rachel Maddow. Contact Hannah at staff@LawStreetMedia.com.

The post How Facebook Pays Your Rent appeared first on Law Street.

I graduated from law school almost five months ago, in May 2013.  From late May to late July, I spent two months being depressed and suicidal, otherwise known as bar prep.

A shockingly accurate representation of summer 2013.

Post-bar, I spent a month catching up on terrible reality television, reading stupid magazines, and engaging in other activities that required little-to-no brain functionality.

Surprisingly, what I didn’t do was make a particular rush to catch up with the friends that I had effectively neglected for two and a half months.  I was in a bar exam-induced PTSD, and I couldn’t fathom being around others who had not just gone through the same level of intellectual violation and warfare.  Everyone was uncomfortably happy and upbeat about the future, and I was not in the same boat.  I knew that I had three and a half months of waiting for bar results, and that thought remained in the back of my mind every day.

As I slowly but surely reemerge into polite society from my self-imposed exile, I realize that there are so many misconceptions about life during and after law school. These funnily-flawed thoughts come from four broadly classified categories of friends.

Group 1

These are your non-legal friends who are personally and professionally winning.  People often forget that you paused your life for three years to learn the law.  Unfortunately, the world didn’t pause with you.  In fact, it seems like their lives fast-forwarded a few chapters: promotions, engagements, marriages, and home purchases are what all of my friends talk about now.

Do you know what I talk about now? (1) Funemployment—not so fun.  (2) Educational debt—tons of it.  (3) Feeling old- what’s a Miley Cyrus?  (4) Reality tv- I live vicariously through Bravolebrities.  I literally don’t know how to relate to conversations about the depreciating value of diamonds and how the engagement ring business is a genius scam.  Diamonds and engagement are so far away for me, but for everyone else it’s happening!

Sorry, smart friend  who didn’t go to law school — I can’t relate to your perfect problems.

While we spent the last 1,100-ish days creating pneumonic devices for Constitutional tests (Lemon Test= SEX= Secular purpose; no primary Effect of advancing or hindering religion; no eXcessive entanglement.  You’re welcome), your friends were at work.  They were becoming more practically skilled in their professional fields, whereas you were receiving theoretical training.  You were getting A’s and B’s, but they were getting promotions.  The reality is that even if you become a first-year associate at a top law firm, you’re at the bottom of the totem pole.  Your friends, however, are not.  Thanks, law school.

We get it, you’re happy.

See? Professionally and personally winning.

Let us catch up, guys! We were on the bench for 3-4 years and now we’re trying to get back in the game!

Group 2

These are your friends who can’t grasp what current law students and law graduates know: law school ages you! You know those side-by-side comparisons of Presidents George W. Bush and Barack Obama from their first Presidential portrait to their second?  And how everyone remarks that they have many more wrinkles and much more gray hair.  Such is life for a person learning the law.

Everyone expects you to rage at the end of the semester, and that desire to get you blackout drunk grows exponentially when you’re done taking the bar.  Little do your friends know that, while you talk a big game about drinking your face off, all you really want to do is sleep.  Perhaps you’d like to read a non-legal book? I hear they’re interesting.  Maybe jump on that exercise fad? There’s so much to try, but it’s difficult to get off of the couch because you feel so old.

My response every time someone wants to catch up over drinks.

Law students and lawyers read a lot.  Our eyesight is terrible.  Our backs hurt from carrying so many books (unless you had a wheelie backpack, in which case…just go).  We have a severe Vitamin D deficiency, because fluorescent library lights just aren’t as healthy for humans as sunlight.

Let us get some rest and attempt to feel like real humans again.  Once we’ve accomplished that (seemingly insurmountable) goal, we will gladly have a beer with you…or twenty.

Group 3

These friends are your biggest cheerleaders, but also have no idea about the reality you face.

I love comparing the pep talks I receive with those received by other law school friends.

Friend A: “My mom said I should apply to the biggest firm in the country because they’d be lucky to have me!”  Facts:Not necessarily true.  In fact, most likely not true, especially if you’re weren’t a summer associate at the firm.

Friend B: “My parents have a friend of a friend of a friend of a cousin who met a judge with whom they think I should apply.  The judge is on the D.C. Circuit.  I wasn’t on law review.”  Facts: Not happening.  Unless you saved the life of that judge’s first born child oryou are that judge’s child, it’s not happening.

Lisa Vanderpump and I appreciate the sentiment, but you’re wrong.

Friend C: “I’m pretty sure I failed the bar, but all of my friends say I definitely passed because I studied so hard.”  Fact: Actually, it’s a total toss up and we don’t find out until November, because bar examiners are sick and twisted people.  Also, the bar is a test that requires minimum competency, which is tough to gauge!

Friend D: “You’ll find a job, you’re smart!” Fact: Yes, but so is every other unemployed kid with a JD, and every unemployed actual attorney, so…. next.

The moral to this group of friends? We get it; you’re doing your job and being supportive and nice.  You, however, are incorrect about most of the smoke you’re blowing.

Enough is enough! Stop being such a good friend, right Taylor?

We secretly really appreciate it, though.

Group 4

This group is the best: the friends who work for big law and aren’t yet used to their new lifestyles.

The most inadvertent comments from them remind you of the stark differences of your post-graduation paths.

Like, how can you not sympathize with someone who hasn’t cooked in weeks because the firm insists on feeding them breakfast, lunch, and dinner?

Seriously, guys, sometimes you want to walk home after a long day in the office, but if you stay past a certain hour, you have to take a car service.  Ugh.

Would you believe there are people out there suffering the indignity of business class? I’d quit.

Their comments are equally representative of their acceptance of the monumental change in their lives and the shock that all of this is happening to them.  They get a lot of perks, but they work all the time.  Some of them really enjoy what they do (FREAKS), and some of them feel the exact opposite way.

They always remind you how lucky you are that you are still looking for work, or that your job lets you leave at 6:00, 7:00, 8:00, 9:00, or 10:00.  The grass is always greener, right?

You’re of course genuinely thrilled for them, too. It’s always nice to have a bunch of friends at a bunch of firms, especially if you’re considering running for public office one day (wink wink nudge nudge Citizens United, anyone?).

Seriously, donate to my Senate campaign in 2026!

Are there any other groups I’m missing? Let me know in the comments!

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Featured image courtesy of [Jesse Vaughan via Flickr]

(all .gifs provided by the genius T. Kyle MacMahon from Reality TV .gifs.)

Peter Davidson II

Peter Davidson is a recent law school graduate who rants about news & politics and raves over the ups & downs of FUNemployment in the current legal economy. Contact Peter at staff@LawStreetMedia.com.

The post The Simple Classification of Friends in a Post-J.D. World appeared first on Law Street.

On September 30, I logged into Facebook and saw the most peculiar post.  A friend of mine works for the federal government, and his status read: “I really hope I can go to work tomorrow.”

On a normal Monday, that would be the weirdest sentiment.  I’m used to seeing complaints about how the week is off to a slow start, or how the weekend is too long. Those statements are expected (and usually true).  This post, though, was different.

While there was an air of lightheartedness in the post, there also was a sense of concern about the uncertain future.

As I type this, the U.S. government is in the midst of a shutdown.  Approximately 800,000 people find themselves out of work due to a government-mandated furlough (leave without pay).

Here’s a quick and dirty recap of the past week: the marketplace for providers to offer their services to the hundreds of thousands of people now eligible for healthcare under the Affordable Care Act (Obamacare) opened on October 1, 2013.  The Democrat-controlled Senate approved a version of the appropriations bill that would fund the government.  On Friday, September 27, the Republican-led House responded with their own version of the bill, which also funded the government if key provisions of the Affordable Care Act were cut.  In a move to signal that he is playing hardball, Senate Majority Leader Harry Reid sent the Senate home for the weekend, meaning the House’s version wouldn’t even be considered until Monday.  Monday was the last available day for compromise to be reached without a government shutdown.  This meant that the House would not receive the Senate’s revisions until later on Monday, and would have little time to vote before the shutdown took effect at 11:59 p.m.

Speaker of the House John Boehner accused the Senate and the Obama Administration of putting partisan politics before the needs of the public.  The Democrats responded with the exact same accusation.  A stalemate occurred, and that is where we presently find ourselves.

Instead of attempting to compromise, various members of both parties are speaking to the press to posture themselves in a favorable light to their constituents.  These members of Congress are failing to realize that while they offer sound bites to various media outlets, their positive spin will never outweigh forcing almost one million Americans out of work.

It’s going to be hard to be reelected when sentiments like this one from the Washington Post: “We’re very hardworking people- we do a lot for people across the country.  And I feel that we’re obviously being used as a political pawn, but we’re also not being valued for what we do.”

It sucks when Congress can’t get their stuff together for the hardworking people they’re supposed to serve.

What does the shutting down of the government entail?  It’s essentially commandeering the Titanic, post-iceberg.  You’re in control of a sinking ship, but you’re coasting along until it sinks.  To slow down the sinking process, various items are being thrown overboard.  How does the government cruise?  By cutting the hours, and thus the payment, of your friends, neighbors, parents, siblings, and possibly you.

“Isn’t a shutdown the equivalent of a snow day?”

Yes it is- at least for the first few days (I know much about unemployment, and the first two or three days are actually kind of sweet: catching up on TV, sleeping in, and going to the gym in the middle of the day are great).  As time wears on, reality rears its ugly head via the accumulation of bills.

In fact, this shutdown really puts things in perspective.  For the past few months, I’ve been complaining about being an unemployed JD.  My complaints have been numerous, considering I really have nothing to worry about: I have no bills, a free roof over my head (thanks mom and dad!), and the luxury of looking for work full-time.

Furloughed government employees are adults with families, tuition, mortgages, car payments, and future plans, all of which are funded by their salaries.  Salaries that, for now, they no longer receive. Most importantly, they want to work!

So, let’s just hope that Speaker Boehner and Majority Leader Reid stop this stick-measuring test and make the best decision for the 800,000 people without income right now.

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Featured image courtesy of [NoHoDamon via Flickr]

Peter Davidson II

Peter Davidson is a recent law school graduate who rants about news & politics and raves over the ups & downs of FUNemployment in the current legal economy. Contact Peter at staff@LawStreetMedia.com.

The post When the Government Won’t Let Its Employees Work appeared first on Law Street.