The Next Bubble to Burst

I suppose its hard to avoid these peculiar facts.  http://www.ijreview.com/2012/06/7856-8-numbers-obamas-administration-doesnt-want-you-to-see/

It appears there are some regressive tendencies in the Obama economy.  First of which, and it should be on every politicians agenda, the student loan debt.  There is no doubt that federal student loan debt has gone up under Obama.  The underlying fact then remains, either school tuition is going up under this economy or family income is decreasing.  For some its both!

Let's face it though, Romney's "business side of things" is exactly what the Obama administration is hammering out in its attack ads.  He drove the state of Massachusetts in debt and implemented a failure of a socialized medicine system  Looks like our situation is not gonna find an inoculating cure.

Momentarily, on student loans.  This is the next bubble to burst.  If the amount of student loan debt keeps going up while employment is impossible for these students, the debt is going to lay on the tax payers which will dig a recession of sorts.  Yes, another recession.  Who will pay back the debt!  Well the cronies in Washington will just keep printing paper to ensure that they can pay it, "Loan Forgiveness".  Let's be honest, a Loan has an objective moral value buried in it.  A loan you can pay back.  Its a duty of a person to pay back a loan.  Loan Forgiveness is just a political tool, an oxymoron for the students, to gain power.

So, since its becoming impossible for many to pay back their loans, let's just wait for the bubble to burst.