In response to:

Three Key Reasons Housing Not Coming Back: Demographics, Student Debt, No Jobs

wlins Wrote: Jun 24, 2012 1:47 PM
I'm sure we could get creative and find a more cost efficient way to educate the young. Universities need to be overhauled in the content and manner in which they waste valuable time trying to "change America" through nonessential politiking and imposing ideology on impressional, inexperienced minds. Education needs more privitizing. It would make the industry more competitive and less assuming that their jobs are secure despite the dismal performance. Either true education would return, or entities would go out of business. As for jobs, if there is indeed a technological paradigmatic shift, then jobs will disappear, only to reappear as new methodolgies. And, as long as we invite other countries to perform jobs, our jobs will disappear.
Ben Bernanke is trying like mad to stimulate credit and lending but to no avail. It's an uphill debt because of demographics, student debt, and lack of jobs.

Citing falling debt-service needs, some economists think consumers may be ready to go on a borrowing. They are badly mistaken.

I agree with Jed Graham on Investor's Business Daily who says falling debt-service needs is an illusion. Graham makes the case in Consumer Credit Impaired By Under-45 Job, Debt Woes.
Nearly four years after a borrowing binge gave way to financial crisis, have households slashed enough debt to take on new credit and...
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