Saturday, July 7, 2012

The Young & Minorities Unemployed

Sixty six percent of voters, 30 years and under voted for Socialist President Obama in 2008.   No doubt, they saw in a Obama, a smart, articulate man with a great smile and family, who promised them "Hope and Change".  The fact that Obama would become the first Black President was appealing to young people's liberal instincts as well; though as a former history student and teacher, that fact was never lost on this old guy either, even though I begrudgingly voted for John McCain because I listened to what Obama was saying and not just how he was saying it.    That was then, this is now. 

Young people and minorities have suffered disproportionately as a result of Obama's failed economic policies.  As of May, 2012, 41% of the nation's net decline in full time jobs from four years earlier was among 25 year olds, an age group that represents just 14% of the workforce.  Those under 35 years old account for 65% of the decline in employment, though they only represent 35% of the workforce.  Even among young people who have full time jobs, real wages have dropped, while older workers pay kept even, or slightly improved in the same four year period.    Further, about 50% of recent college graduates, either can't find jobs, or they are under employed working in low wage or part time jobs.

Many of these young people have been forced to put their life's on hold as many of them are still living home with parents.  31% have postponed marriage, or having a child as a result of Obama's Recession.  Ultimately, in terms of life time income, these young people are likely to suffer $100,000, or more in loss if the same trend occurs as happened after the Recession in the early 1980's.  And, to make matters worse, many of these young people, on average owe more than $25,000 in student loans.  Of course, President Obama is trying to do everything he can to buy young people's votes in a desperate attempt to win reelection.  Hence, the reason Obama pushed for maintaining low interest rates on student loans for another year, which will cost the American taxpayer about $6 Billion that we will need to borrow from the Chinese and others adding to our National Debt.  In addition, ObamaCare allows young people to remain on their parent's employer sponsored health insurance plans, until they are 26 years old, costing American businesses billions more, which is just another reason American companies are not hiring new employees.  

47% of 18 - 24 year olds say they will definitely vote this year, down from the 64% that voted in 2008.   That decline is not good news for Obamanistas that need student votes in some key swing states to win reelection.   The real question over all is will the Young and Unemployed vote for President Obama this time around.  Or, will they finally realize that Obama's Socialist Schemes and failed economic policy have hurt them more than any other segment in our country.  

Of course, minorities have also been negatively impacted by Obama's failed economic policies.   Though the official unemployment rate for all Americans is 8.2%.  Black unemployment has grown to more than 14%.   Hispanic unemployment is more than 11%.   This is the case because many in the minority community are not high school, or college graduates so when a Recession hits those that are under educated, with minimal, or no job skills, are the first to lose their jobs. 

In 2008, most young people and minorities voted with their hearts for Obama.   This time around given their circumstance,  if they are smart, young people and minorities should vote with their minds for Mitt Romney to get our country back on track.   There are 25 million Americans in the United States that are either unemployed, under employed working part time that want full time work, or that have just given up looking for work altogether.  Several million young people and minorities are in this number.   Mitt Romney will restore economic growth and job creation again in the US by cutting taxes and regulations, implementing an all of the above Energy Plan, repealing ObamaCare and insisting on fair trade.   Young people and minorities have no hope of getting a good job if these things do not happen. 

If President Obama is reelected we will see more of the same failed economic policies that have given us 41 straight months of unemployment, 46 million people on Food Stamps, a higher poverty rate than when Bush II was President, the highest foreclosure rate in American history, higher gas and energy costs and Trillions more added to our $16 Trillion National Debt.   A second Obama term will result in a lower standard of living for all Americans, continued high unemployment, a higher poverty rate and even more people on the dole.   Young people and minorities, wake up.  You voted for Hope and Change and got Despair and Misery.   It is time for a change.   We must make Mitt Romney the next President of the United States and sweep Socialists, at all levels of government, including President Obama out of office to restore economic growth and job creation again in America.  

Obama will just be more of the same, which is the reason we have to make Obama a one term President.   We can do it.  We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  In the mean time, the next time you talk with a young voter, Black or Hispanic, give them the facts.   Cards talk and lousy numbers don't lie; but Socialists, including President Obama will lie, cheat or steal to say in office feeding at the trough.  President Obama's Socialist ideology has prevented him from doing the things necessary to restore economic growth and job creation. 
As such, Obama has to go in 2012 for the good of our nation.  

P.S.  To give to the Romney campaign to make Obama a one term President, just go on and click on Donate.  Once on that page you will see a little box that says I know my Referrers number. Click on that box and type in 8544, the National Freedom Forum Referral Number to make our voices heard.  Give as much as you can to take back our country.  

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