College graduates are still screwed

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According to a new report by the Associated Press – half of all young college graduates in America are either unemployed or underemployed. Armed with technical degrees for high-paying jobs – college graduates are increasingly forced to take work in the service sector – working as waitresses and bartenders as prospects for a post-college job are at their lowest level in a decade.

On top of that – the median wages for college graduates are down from where they were in 2000. Couple the poor job outlook with the over one trillion dollar student loan debt bubble – and it’s looking like the makings of a lost generation.

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Thom Hartmann A...
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The Post-Citizens United Era.

This month marks five years since the United States Supreme Court made their infamous ruling in the case of Citizens United v. FEC. That ruling turned a century of legal precedent on its head with the declaration that corporations have a First Amendment right to spend money in elections. And, that ruling opened the floodgates to massive spending levels in our political process.

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