Youth Misery Index Hits All-Time High Under Obama, Many Millennials Would Recall
For the youth of America, the Obama years have been a nightmare, an index of youth misery shows. The Young America's Foundation (YAF) compiles this indicator for the young in the U.S. - and it's reached an historic high under the Obama administration.
When youth unemployment, average graduating student debt, and national debt per capita are combined, the number for this year is a record 98.6. That's also an 18.1 percent increase under Obama - the largest increase under any president, YAF says.
Yet, it seemed young Americans might be catching onto the fact that Obama is the worst for youth economic opportunity. In December of 2012, Harvard's Institute of Politics (IOP) noted that a majority of the youngest Millennials (18-24 year-olds) would vote to "recall the president."
IOP Director Trey Grayson called the results a "sea of change" when it showed that "Obama's approval rating among young Americans is just 41 percent, down 11 points from a year ago, and now tracking with all adults. While 55 percent said they voted for Obama in 2012, only 46 percent said they would do so again."
Furthermore, "when asked if they would want to recall various elected officials, 45 percent of millennials said they would oust their member of Congress; 52 percent replied "all members of Congress" should go; and 47 percent said they would recall Obama. The recall-Obama figure was even higher among the youngest millennials, ages 18 to 24, at 52 percent."
Youth unemployment was 16.3% in 2013. An average graduating student's loan debt was a $29,400 - up six percent increase since 2008.
"Young people will be stuck paying for government debt they had no part in creating, and they'll have to do it with less discretionary income than ever before because of record high levels of student loan debt," YAF's Pratte noted.
Welcome to Obama's America, young liberals.