May 30 2013
Vicki E. Alger
President Obama told graduating Morehouse College seniors that their “generation is uniquely poised for success” during a commencement address earlier this month. But Real Clear Markets’ Diana Furchtgott-Roth has a much different take on the rising generation’s prospects thanks in large part to Obama’s policies.
[Y]oung Americans who campaigned for Obama, voted for Obama, and turned out their friends for Obama are graduating from college with substantial debt, few job prospects, and the requirement to buy expensive health insurance. They might be poised for success, but most have not yet seen it.
Nor are they likely to see it anytime soon, says Furchtgott-Roth, who calls Obama’s policies “the war on youth.” Specifically:
Fewer jobs and higher bills. That’s the Obama legacy thus far. As Furchtgott-Roth concludes, “The economic woes of young adults have been compounding during President Obama’s term of office. Today’s graduates are paying the price.”