I scratch my head about the support from young people for economic policies that have failed – and will continue to fail – and put them at such a disadvantage for years to come.
Summer is half over, yet many young people are still looking for jobs. They have it especially tough in this economy. The effects of the recession have fallen most disproportionately on them. The unemployment rate for teens is 24.6 %, and the rate for young adults ages 20 to 24 is 13.7 %.
Unless we see a change in economic policy, teens and new graduates face a very dismal decade. How long will it be before they realize that $16 trillion in debt awaits them? How long will it be before they realize that government growth and regulation are strangling the private sector? How long will it be before they realize it doesn’t have to be this way?
