It’s a scary world out there for young people looking to start their careers, and this has led to plenty of college education panic. Don’t have a degree, say a host of hyperventilating pundits and extremely anxious parents, and you’ll almost certainly be consigned to low-paid wage slavery and a stunted life.
Bachelor degree production isn’t a big problem in this country. Associate degrees and certificates are where the U.S. lags other industrialized countries, according to the latest study from Anthony P. Carnevale, director of the Georgetown University Center on Education and the Workforce.
What’s at stake is whether the progressive turn that global politics took in the 1990s will make a comeback over the next decade, and also how much progressives who embraced markets during the heyday of the Third Way sponsored by Clinton and British Prime Minister Tony Blair will adjust their views to a breakdown in the financial system they did not anticipate.
Audie Cornish talks to regular political commentators, E.J. Dionne of The Washington Post and Brookings Institution, and David Brooks of The New York Times. They discuss the Chicago teachers strike and the attack on the U.S. consulate in Libya.
There were 46.2 million Americans in poverty in 2011, as median household income decreased, according to a Census Bureau report released Wednesday illustrating the toll from ongoing labor-market weakness.
Paul Ryan has a reputation as a deficit hawk. Mitt Romney's running mate has proposed budgets that cut non-defense spending significantly, and advocated controlling Medicare costs by making it a voucher program. But critics argue there's a lot in the Wisconsin congressman's record that undermines his deficit-hawk reputation.
Normally, a president presiding over 8 percent unemployment and in a country that sees itself on the wrong track wouldn’t stand a chance. But then a candidate with Mitt Romney’s shortcomings, including his failure to ignite much enthusiasm within his own party, wouldn’t stand a chance, either.