By Randy Rose
Politicians on both sides of the aisle might need to heed a new survey showing that nine in ten young adults say the poor economy negatively impacts their life, and just 38 percent believe today’s leaders represent their interests.
Why pay attention? Because the poll by Generation Opportunity also disclosed that 76 percent of Americans ages 18 to 29 plan to vote in the presidential election.
“These numbers should put elected leaders on notice. What you see is a very pointed story of the impact the failed policies coming out of the White House over the course of the last three years are having on the daily lives and the long-term plans of young Americans,” says Paul T. Conway, president of Generation Opportunity and former chief of staff of the U.S. Department of Labor.
“Frankly, it is not a pretty picture — millions of young Americans are paying the price, in a very personal way, for failed leadership and failed policies.”
Mr. Conway continues, “Millennials are savvy. They know national policies have personal impact — they feel it first-hand. So it is no surprise that so few believe their interests are being represented in Washington, and it is no surprise that they plan to make their voices heard this November.”
In the poll of more than 1,000 young adults conducted at the end of July, 89 percent of respondents said the poor economy is negatively impacting their life.
Among those impacted young people, 51 percent reduced their entertainment budget, 40 percent skipped a vacation, 38 percent drove less, 27 percent sold personal property including electronic appliances and cars, 17 percent skipped a wedding, family reunion, or other significant social event, and 26 percent moved in with their family, took extra roommates, or moved to a “downgraded” house or apartment.
The survey also revealed that 84 percent of respondents had planned to make a major life change but now might delay or not make it at all due to the current economy.
Among the changes cited: buying their own place (38 percent will not make the change), starting a family (31 percent), paying off student loans or other debt (26 percent), saving for retirement (25 percent), and getting married (23 percent).
Even with all the misery Obama has caused them, one youth told me he was making $13 per hour but is now only making $9.00.Yet, he intends to vote for Obama. He said ” I don’t trust no republicans.” All I could think is be careful what you wish for.
The only hope I see for their future is adoption of the Fair Tax Act Hr 25 and S.13 and is the answer to many of our problems. Urge your elected leaders to co-sponsor these bills and only elect those who vow to co-sponsor if elected like Chris Edwards and Danny Tarkanian have done.