Sky-high college debt, unpaid internships, part-time low-wage jobs with no benefits, no medical insurance...does any of this sound familiar? Well, that's what's facing our young generations. As for older generations, the only thing they have going for them are shorter sentences. In fact, I heard one middle-aged woman say that she and her husband plan on mugging a postman. At the very least, they'll get three square meals a day. You know, "Club Fed". Although, I think those cushy accommodations are reserved for top 1%. If you have to mug a postman, you are definitely not in that category.
Meanwhile, media "analysts," politicians and academics paint a very rosy picture, telling us a "robust" recovery is on the way, maybe even as early as 2014. Really? For whom?
Therefore, it should not surprise anyone that manufacturing jobs continue to collapse , however...
The bottom line, college degrees, for the most part, are/will be about as useful as used toilet paper. So, forget about sending your kids to college; just teach them to say, "Would you like fries with your order?"