All Signs Lead to Economic Meltdown

Well my friends I took an unscheduled break from this blog and am returning with some new perspective.

The U.S. economy remains stagnant despite soaring profits for some sectors. Why is this so?

Well for one job growth has not happened. In fact, new unemployment claims grew for three of the last four weeks. It seems that the profits we are seeing are the result of job cutting and increased worker productivity and not reinvestment in adding employees and increased sales.

This is highly relevant to any discussion of education and student loans at this time - since new student graduates with new loans coming due will find it harder than ever to find appropriate jobs to repay that debt.

So as mentioned many times here before - forgiving student loan debt and completely overhauling the finance system for higher education is necessary to stimulate the economy.

And with China now knocking on our door for the number one spot for the world's largest economy - stimulating the economy may soon become a national security issue. See here for more on that.

It's good to be back. I hope you are still reading this and many other blogs on the issue.