The National University System was established in 2001 to meet the emerging challenges and demands of education in the 21st century. The System is uniquely aligned to connect a diverse population of students to a network of innovative educational programs that are relevant to their lives, careers, and the marketplace and are delivered in a format that respects competing life priorities.
Roger Showley, U-T SAN DIEGO
Friday, January 3, 2014
Kelly Cunningham, National University System
Answer: No
With the U.S. staying on course to overspend and borrow from the future, not for investment but continuing to consume, the economy grows ever more vulnerable and subject to much greater and eventual inevitable correction. With the Fed continuing quantitative easing and maintaining low interest rates, the dollar will eventually collapse causing even more damage to the U.S. economy. Creditors will eventually force necessary financial discipline that elected leaders refuse to face. That discipline will result in a sovereign debt and currency crisis sending consumer prices soaring, pushing the economy deeper into recession, and exerting massive upward pressure on interest rates.
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