According to this article: http://www.thenational.ae/news/uae-news/education/poor-education-unemployment-caused-arab-spring-claims-world-bank

… World Bank would like to blame the Arab Spring on the lack of college education…while saying that unemployment could be helped by education.

Yeah….that isn’t playing out so well over across the pond, where unemployment of college educated folks is the highest ever, according to this blog:http://www.econmatters.com/2012/05/first-time-ever-most-of-unemployed-are.html

Although I don’t agree with the author’s assertion that the “solution” is to do away with college loans (can you say rightwing?), but rather, to…you know, this will sound crazy….but the solution isn’t to deny college education, but to actually change the economic policies by Friedman economists who believe that unemployment is actually good for the country…(as James Medoff and Andrew Harless asserted in their book, The Indebted Society.)

Friedman and his followers believe in a convoluted policy called “Natural Rate of Unemployment” which embraces the neocon mindset of greed is good.

Here’s a great blog on the subject.

From the blog below the first:

…the whole story is starting to feel like a comedy routine: yet again the economy slides, unemployment soars, banks get into trouble, governments rush to the rescue — but somehow it’s only the banks that get rescued, not the unemployed.

[italics mine]

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You know, whenever I read the financial theories, I come back to the thought that the way that we do business is set up to go against the best interests of Mother Earth: use up resources without giving back.

That’s a self-defeating proposition.

The bigger question is how can we have jobs or some form of support that is in tune with nature?  Is that possible?