Millions upon millions of young Americans have completely lost faith in the U.S. economy and are mad as hell that their economic futures have been destroyed. The recent economic downturn has hit those under the age of 30 the hardest. Today, there are hordes of young people that should be entering their most productive years that are sitting home with nothing to do. Many of them have worked incredibly hard throughout high school and college. Many of them have stayed out of trouble and have done everything that "the system" asked them to do. But once they got finished with school, the promised "rewards" simply were not there. Instead, millions of young Americans are faced with crushing student loan debt loads in an economy where they can't find good jobs. When you are in your twenties, it can be absolutely soul-crushing to send out hundreds (or even thousands) of resumes and not get a single interview. Most of us grew up believing that we would "be something" when we got older, and millions of young Americans are having those dreams brutally crushed right now. Americans under the age of 30 voted for Barack Obama in droves back in 2008 because they believed that he would make things better. Instead, Barack Obama has made things even worse. Significant numbers of young Americans are starting to wake up and realize that neither political party is providing any real answers, and they are starting to get mad as hell about it.
Americans under the age of 30 don't want to hear that they are not going to be able to do better than their parents. They don't want to hear that they are going to have to "pay the price" because of the mistakes of previous generations. They don't want to hear that the "good jobs" that have been held out as a "carrot" for them all these years have disappeared and are not coming back.
Millions of young Americans want what was promised to them. They want good jobs that will enable them to enjoy the "American Dream". They want things to go back to the way that things used to work in America.
If you spend much time around those in their twenties, you know that many of them have a look of hopelessness in their eyes. Large numbers of them have moved back in with their parents. Large numbers of them are flipping burgers or working retail jobs part-time because that is all they can find. There are even a growing number of them that have given up entirely and have completely checked out.
So are we in the process of creating a "lost generation"?
The following are 20 reasons why millions of Americans under the age of 30 are giving up on the U.S. economy....
#1 Only 55.3% of Americans between the ages of 18 and 29 were employed last year. That was the lowest level that we have seen since World War II.
#2 Today, there are 5.9 million Americans between the ages of 25 and 34 that are living with their parents.
#3 The economic downturn has been particularly tough on men. According to Census data, men are twice as likely to live with their parents as women are.
#4 Amazingly, less than 30 percent of all U.S. teens had a job this summer.
#5 Approximately one out of every five Americans under the age of 30 is currently living in poverty.
#6 According to one recent survey, only 14 percent of all Americans that are 28 or 29 years old are optimistic about their financial futures.
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Regardless of what the maniac's who run the world do, i agree with you Bruce.. store and hide food, water and medical supplies.. have another source of communication besides cell phone and computers. have a plan of survival with ppl you are close to and trust ... WHO HAS YOUR BACK? big clue: Its not the government!
This is one of the very reasons it's wise to set back some food! www.internet-grocer.net
That huge Demographic should be working together to get rid of the corruption from the Whitehouse and ending the Federal Reserve! End Usury and the Criminal satanic banksters will loose their greatest income. End the Big corporations too! Stop giving person status to Coroporations, make them pay a retro tax for all the decades that they have not paid a dollar in tax! Governments (Because they worked for the Banksters) paid Corporations huge subsidies even though they never needed them and they paid no tax either! A single student would pay more tax than a huge evil corporation like Monsanto! It is time to shut these parasite corporations down, they taxes will pay back the loans that the students owe. If the corporations can't or won't pay, the government should force the sale of the corporations and use the money to fund other services after getting the student out of the debt that the bankers got them into in the first place. Corporations like Haliburton and many others should be sold for scrap! and the funds go towards cheap housing for those who have lost everything!
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