Why young people are not approving of Obama's job as president

This article would be a lot more useful if it compared the 2008 numbers with those for today. It is good to see that Obama has so much time to do twice the number of fundraisers as Bush. From CNN:

The sobering reality: just 55.3 percent of Americans between 16 and 29 have jobs. And earlier this year, Americans’ student loan debt surpassed credit card debt for the first time ever.
Rather than develop a lasting initiative to help young unemployed Americans, the President launched “Greater Together” – a campaign tool that offers community forums rather than jobs. Rather than provide a bailout to those crushed by the burden of educational loans, his student debt relief program was pathetic – only reducing interest rates by a measly 0.5 percent.
No wonder less than half of Americans 18-29 approve of Obama.
It’s no surprise the President is ignoring millenials. They’re too poor to donate to his campaign this election cycle. Older Americans are 47 times richer than the young – a striking generational gap in prosperity that has widened from a 10 to 1 ratio when Ronald Reagan was running for reelection in 1984. At the same time, Obama is ringing up donations from older voters. In the first 10 months of 2011, he attended 58 fundraisers – twice the number President George W. Bush attended during the comparable period before his reelection. That’s overkill when the GOP candidate is still TBD. . . .

Labels: ,


Post a Comment

<< Home