In the 2008 Presidential election, 18-29 year olds voted for Barack Obama almost 2-1 and possibly gave him a good chunk of his margin of victory.
Time and again, I’ve heard that the reason young people voted for Obama was that he was ‘hip’, ‘cool’, a historical event (half African-American), and so on. Even though polling showed 18-29 year olds as having the economy as their main/top issue (61%), they seemed to vote on a more emotional basis for a blank-slate, inexperienced candidate that had not even completed one national-level term as a political leader and had no executive leadership or business experience.
Now fast forward almost an entire term in office to 2012 and 18-29 year olds are experiencing:
- The unemployment rate among 18- to 29-year-olds is more than 12 percent
- According to Gallup poll from this spring, 32 percent of 18- to 29-yearolds are underemployed—meaning either unemployed or working part-time but looking for full-time work
- 77 percent of 18- to 29-yearolds either have or will delay a major life change or purchase due to economic factors. That includes 44 percent who will delay buying a home and 28 percent who say they’ll delay saving for retirement.
- Nearly a quarter of young Americans say they will delay starting a family, and 18 percent will delay getting married because of the economy.
- The Obama economy has given rise to ever more “boomerang kids” who must return home to live with Mom and Dad after graduating from college without a job.
- Obamacare will draft/compel (whether you want to or not) young people into paying for full-scale healthcare to subsidize the costs of an aging Baby Boomer population bulge.
- Obamacare will further hurt the job prospects of the young by destroying many low-margin businesses like restaurants (that employ younger workers) with thousands in additional/required healthcare costs.
- Source: American Spectator article “Obama’s Hipster Hell“
Romney many not have an ‘Obama girl’ pining for him, will not be on Letterman, hang with Hip Hop rappers, or ‘slow-jam’ the news. What he does have is actual business experience in is turning around failing companies and a broad business background, on top of executive leadership experience as a governor.
So to all our next generation of citizens/parents/business people that will inherit our world going forward: Please forget ‘cool’ and vote for actual change that will benefit you. Vote for Mitt Romney this November.