Student Debt, By the Numbers: Part 1, The Scope of the Problem

Sources: National Center for Education Statistics, New Deal 2.0, Nation of Change Total student loan debt in the U.S. in 2012: $1 trillion. Total student loan debt in the U.S. in 2011: $830 billion. Total credit-card debt in the U.S. in 2011: $826.5 billion. Total value of the federal student loans taken in 2010:  $100…

What We Mean by a Fair Shake: Part I. Unions Are the U.S. Economy’s Polar Ice

The 98% of scientists who have been warning of climate change that is perilously close to becoming irreversible have pointed repeatedly to the rapidly shrinking polar ice caps. Unfortunately, “global warming” predated “climate change” as the term for this crisis. So, despite considerable video evidence of the ice sheets sliding into the sea, if it…

Requiem for the Twinkie?

Just after the New Year, Hostess Brands, the largest producer of baked goods in the United States, filed for bankruptcy. Formerly called Interstate Bakeries Corporation, the company had previously filed for bankruptcy protection in 2004. It emerged from what became the most protracted bankruptcy process in history in 2009 and renamed itself Hostess Brands. The…