Wednesday, February 18, 2015

OBAMA’S “FUNDAMENTAL TRANSFORMATION” CONTINUES…


Barry’s “fundamental transformation” of America marches on, unabated, creating an American that is, for all intents and purposes, becoming completely unrecognizable.  The drive to create a dependency based society has met with a great level of success over the course of the last 6+ years.  Gone now are the days where we raised our young to be self-sufficient, productive members of society.  Many of our younger generation, today, seem to have no qualms about living off mommy and daddy well into their 30s.  And many mommies and daddies seem ok with it as well, although I quite sure many feel that they simply have no choice in Barry’s America.  And according to data from the Census Bureau it’s now fully one third, or 30.3 percent, of 18 to 34 year-olds who are living with a parent.

This new data comes to us from a Census release called “Young Adults: Then and Now,” which “illustrates characteristics of the young adult population (age 18-34) across the decades using data from the 1980, 1990 and 2000 Censuses and the 2009-2013 American Community Survey.  In 1980, according to the Census, 22.9 percent of the total population ages 18 to 34 were living with a parent who was deemed to be the householder.  By 1990, the percentage living with their parents had increased to 24.2 percent.  And in 2000, the percentage dipped a bit to 23.2 percent, and then in 2009-2013 it reached the highest level ever recorded in the dataset to 30.3 percent.  Like so many other ‘new highs’ that have been reached under this president, we see how it is that Barry has managed to ‘change’ the country, and not for the better.   

Veronique de Rugy, a senior research fellow at the Mercatus Center, attempted to put the data in context as a way of finding out why this is occurring.  “Millennials are taking a big hit in this economy,” said de Rugy. “Recessions are always rough on younger people, but this one has been particularly rough. The recovery has been so slow, and it’s also been kind of slow on the labor market side of things.”  She said, “For instance, the recession hit when some millennials were just getting out of college and so they went straight into the unemployment line. And then when they were lucky enough to get a job, usually there was a lot of underemployment going on, meaning not necessarily full-time and part-time jobs but also at lower salary than they would otherwise.”

She added, “The other thing that’s been really rough for them is the fact that during the recession and the slow recovery, the number of older workers that actually quit their jobs to get a better position, was down quite significantly, and unfortunately, I mean this is a bad thing, because this is one of the ways that first you measure the health of the labor market, but also this is one of the ways that younger workers go up the job ladder.”  She went on to say, “And when you actually have few options because people are worried and won’t quit their jobs for better opportunities either because they’re risk averse or because those opportunities do not exist, it means that you are stuck at lower positions without being given the opportunity to go out. So it’s a problem.”

She said, “The other major problem that we’re gonna see in the next - you know playing out for the next 40 years is the fact that the biggest increase in your expected income, future income, comes the first 10 years of your career.”  And then she went on to say, “So if you start slow, it means you’re basically losing out a lot in the long run. So it’s been rough.”  And I would argue that young people today what put themselves in this position.  By choosing to vote for Barry in rather substantial numbers make their present predicament essentially self-inflicted.  And if recent polls are anywhere near accurate a good many of them would have no problem, whatsoever, in voting for Hitlery Clinton.  Which tells me that they are bothered very little by their current living conditions.  

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