I guess the prospect of living in their parent's basement for the next few years is going to drive new college grads crazy:

Mayor Bloomberg warned Friday there would be riots in the streets if Washington doesn't get serious about generating jobs.

"We have a lot of kids graduating college, can't find jobs," Bloomberg said on his weekly WOR radio show.

"That's what happened in Cairo. That's what happened in Madrid. You don't want those kinds of riots here."

In Cairo, angry Egyptians took out their frustrations by toppling presidential strongman Hosni Mubarak - and more recently attacking the Israeli embassy.

As for Madrid, the most recent street protests were sparked by widespread unhappiness that the Spanish government was spending millions on the visit of Pope Benedict instead of dealing with widespread unemployment.

Bloomberg's unusually alarmist pronouncement came as President Obama has been pressuring reluctant Republicans to pass his proposed job creation plan.

I don't know about you, but Hizzoner has made a believer out of me. That's the first thing I'd do if I graduated from college and faced a moribund economy like this one. I'd either take to the streets and smash things up or spend my days at the local internet cafe with my friends surfing the web, drinking low fat lattes, and discussing the existential meaning of Two and a Half Men.

The image created in one's head of college grads rioting in the streets for $30,000 a year jobs is priceless. Millions can't even get a job at McDonalds, but they're the docile unemployed and are willing to sit around and wait for Obama to perform his loaves and fishes into jobs miracle.

Someone should tell Bloomberg to switch off.