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Wall Street Journal Opinion Page deputy editor Dan Henninger weighs in on the job market for people under 25 and how it will impact President Obama's ...
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Sent back to you all right -- thank you.
Why would anyone under the age of 25 vote to reelect President Obama.
The harsh way to start off markets down today but at the headline from then had a good it's column in the journal this morning deputy.
Editor of the opinion page of the Wall Street Journal like to have c'mon you the president was rock star Marcia not name of the young folks last time around they love them.
Yes they did hope and change that was 2008 let's just think about this let's say you was running around the colleges in 2008 you were freshman.
And what he offer you hope and change.
He's just made a college tour in which is offering basically cash which is to say the 3.4 percent interest on your college debt you're now a junior or perhaps a senior.
And you're facing a job market job market that has youth unemployment of 16%.
And we know that those numbers.
Generally understate the real number because they don't include people -- given up.
All of us know anecdotal stories about friends whose children graduated from college and what did they do they went home to live with mom and dad 'cause they can't get the job.
We've had an economy that's been growing at about 2% for three years and the job market for that people under 25 is simply.
Awful -- but you can stay on your parents' health insurance -- yeah Tony's got thanks to Obama care he's.
Bragging about that that you can stay on your parents -- -- what -- you might need it for the next four years he gets reelected because you won't have a job.
So -- if your 125 it seems to me.
Rather than looking at somebody and say I like this guy you've got -- start looking past that at his policies is he going to do any thing that's going to cause this economy to grow.
Better than it has last three years and perhaps.
Created job market that'll help these folks what would the or what would you say to the young person who says -- find and you're right should I vote for.
Mitt Romney what's he gonna do for me that would be it be better than what the president might do well you know I'll tell you Connell with.
People that age it's a little difficult to say you should do this my advice would be.
Don't just say oh like kinda light Barack Obama ore rights for a white Mitt Romney this is -- about liking anybody pay attention to what they're saying.
Pay attention to what they're proposing for the economy and make up your own mind you know are you better off an -- you better off in the in the future.
You raised the issue and the column that this this 2% growth that we're experiencing.
Could be something.
A great deal done -- lasting.
An endemic based on the president's policy is.
This was a possibility raised by you know economics Nobel laureate Robert Lucas -- to Chicago who kept getting why is growth social recession -- should be more like 6%.
He took a look at it that we are moving toward labor taxes and business regulation Europe which has had slow growth since 1970s and mass 36%.
-- Lucas asked you can expect these benefits to us are gonna face a bleak job market.
