Ya got me. Talk about voting against one’s own interest. Click through to see interesting analysis of how entering the job market in a bad economy sets a young person on an underperforming path for a long time to come.
Young people voted for Obama in overwhelming numbers, but the question is why?
As I explain in this interview for Blaze TV, they are being hurt by his policies.
It’s not just that youth unemployment is high. Obama’s policies also are hurting those who found jobs. Simply stated, these “lucky” folks are getting below-average pay.
I specifically explain that academics have determined that those entering the labor market in a weak economy will suffer a long-run loss of income.
Some of you may think I’m clutching at straws because I don’t like Obama, but perhaps you’ll believe the man who formerly served as the Chairman of President Obama’s Council of Economic Advisers.
Here’s some of what Austin Goolsbee wrote several years ago for the New York Times.
…starting at the bottom is a recipe for being underpaid for a long time to come. Graduates’ first jobs have an inordinate…
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