Income for young college grads down almost 10 percent since 2000

With all those "free-trade" deals and "outsourcing" there are no jobs for them.
For every 100k blue collar jobs that are sent overseas there are also 30 k white collar jobs that go with them and 10 k ancilliary jobs.
And now Oblunder wants *another* trade deal with S. Korea, Colombia and Chile???
(I've already called my congressman's office and told them "NO" on that!)
If we're not going to manufacture things in this country we're *screwed.*
And how do those big corps. expect to sell their products in *our market* if the people don't have any money? They're cannibalizing our market.
By now everyone is starting to see that this "global market" crap doesn't work because it (can't) work!

And you wonder why these kids are screaming about the amount of college loans they will have to pay back once they have graduated. Because I can tell you the cost of a halfway decent college prices have not gone down by 10% in the same period, but the opposite. Really from what I have read it is well over 40% more. I have a hard time understanding how any kid who graduates with a debt of over $100,000 is supposed to start off their new life in a positive step. It is just not feasible for most and then they end up taking any job just to pay this 1 bill. No wonder this new generation is disillusioned with their lot in life.

But I bet tuition's gone up, eh?

Income? They cant even find jobs.

The sad thing is that you almost need a bachelors degree to get a low paying job...With 6 applicants for every job (not including professional jobs, which can = 50+ applicants) it's hard to compete with just a high school diploma. I know, I know, many people have, but that was before the recession, right?

That is what you get when you push for a One World Government and a One World Economy. Workers in Outer Mongolia and workers in the US will be paid the same for equal work. What is a US graduate with a degree in Ethnic Studies worth? Not much. What is a US high school graduate that is functionally illiterate worth? Not much.

Teaching everyone they need to go to college has caused this. There is an over supply of people with a college degree. In addition this is a flawed, incomplete analysis. How many college grads were there in 2000 vs 2010? What is the breakdown of the degrees, etc?
There are over a million unfilled job openings in skilled trades that students no longer train for. Instead they all go to college. There is a huge demand for carpenters, steel workers, welders, roofers, plumbers, etc. But no, our educators teach that this type of work is beneath them. In the future, who will pick up garbage, sweep streets, landscape, farm, etc?

the US needs to put more emphasis back on trade schools

Cripes! They still make more money that I and my wife together make!
Yet, and at the same time, there is a huge lack of qualified plumbers, electricians, appliance repairmen, etc. And they all make more money than most college grads! Too many are afraid to get their hand dirty.

There are few myths more ingrained in the minds of Americans than collage equals high pay and guaranteed success. It forces young people (and parents) in to mountains of debt in a mistaken notion that their lives will be worthless without a degree. A degree is necessary to work in corporate America but not required to own and operate you own successful corporation. Quite a few highly successful individuals quit college to focus on business ideas that netted them more that they would ever have made as college grads working in an office.

We still need education. It's the system that's gone bad. Similar to healthcare in this nation. Stay strong, Americans! We'll figure this out!

Spin it if you wish. All problems can be traced to DC in one way or another.

Since when is 1% a majority? Problem is a misconception that the 1% is going to spend enough to trickle down to the vast 99% of the population. Just if the 99% was properly employed and earned a decent income, then they would be buying and spending, paying taxes as they usually do, this would not only promote growth, but it would return prosperity, it would also redistribute the wealth, is not a war against the rich, but a policy that would establish a formidable and strong middle class. If you know economics then you would realize that the 99% would maintain a good GNP growth and generate enough revenue to maintain our infrastructure and provide the ability to pay our way. At the beginning of the great depression, the rich shared of income peaked at 23% that also happened in 2008, the pattern is the same and unless the trend is reversed, we will all loose, rich, middle or poor.

Ya know - a college education is a good thing... but in my years, I've learned that NOTHING can teach you some of the most valuable skills required..... and those would be common sense, a genuine sense of caring, and good work ethic. I know some college grads who might be book smart, but they're dumb as a box of rocks about other equally important things. Gotta get a piece of all of it to really become a valuable employee. My best to all.....

If trickle-down economics create jobs there should now be more jobs than Americans. Where are the jobs aafter 30 years of tax cuts for the rich and corporations? The only thing growing is low paying, low education jobs. The higher education and pay jobs are all going overseas and my taxes go to the companies as a tax break for doing it. F the GOP idea of giving any more of my money to the rich and corporate America.

Our govt and universities sold technology created here to foreign country after foreign country. We have feed all our global competition a full meal of everything created in this country, now there starting to digest us and #$%$ us out!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! In addition to Obama, who can't manage a cool aid stand, This country is well done!!!!!!!!!!!!!

didn't they just have a news article about an hour ago that reported jobs for 2012 graduates on the rise and how the starting salary median is up and between $48,000- $52,000?

Income is down for everybody so that the banks and CEOs can have theirs. As long as they get that, I am pretty sure they won't resort to assassination to increase it. But I cannot be sure this hasn't been going on already. Reason and logic says that it has.

The new corporate Motto for you new College Grads..

"We keep you alive to serve this ship..Row well and live.."

Wow, no $&it! Everyone's incomes are down, many by more than 10%~ Mine is down 40% since 2000 and I graduated in 1978!