Did you see the very scary business headline this past week? No, not the one about Nasdaq's Flash Freeze. And no, not the one about disintegrating emerging markets. Not the one about the Fed and tapering either.
It was this one: "Three-quarters of high school grads are failing".
That's right. According to ACT, one of the big college testing companies, only a quarter of this year's high school grads have the combined reading, math, English and science skills necessary to succeed in college or a career.