A recent study done by Bankrate.com shows how millennials are putting their future on hold because of the burdening student loan debt. In fact, 56 percent of young adults interviewed stated that they are holding off on buying their first home until they fully pay of their student loan debt. If something isn’t done about the $1.2 trillion owed in student loans across America, our economy could completely collapse.
Tag Archives: Jobs
In Citizens United vs. Federal Election Commission, the Supreme Court ruled that corporations are equivalent to people, and thus have the same first amendment rights. Any attempt to abridge those rights (for example, the McCain-Feingold bill, which limited campaign donations) is a violation of the Constitution. This disastrous decision has paved the way for companies that care more about overseas profits than America.
A study conducted by the American Psychological Association claims that stress in America has gone down. However looking at the specific facts, stress levels in the U.S. have gone down unless you are a woman, have a low income, are a millennial, are a part of the Generation X or are a parent. That seems to include most of the U.S. population! Why are we stressed? The economy.
We have been told the only way to decrease the deficit is to either increase income taxes or cut spending on entitlements such as Social Security and Medicare. This simply isn’t true. At the heart of both of these issues is America’s trade policy. Much of what we hear comes from corporate interests wanting “free trade” agreements that increase their profits and ship jobs overseas.