We've all heard of the Misery Index (which, incidentally, is this year enjoying a 20-year high), and in that vein, the Young America's Foundation has devised a Youth Misery Index as a barometer of the economic concerns that pertain especially to young people. Measuring student loan debt, youth unemployment rates, and the crippling national debt per capita we're currently destined to inherit, the situation is not pretty. (Note the moderate recent downturn in youth unempoyment: in summer 2010, the Labor Department reported the lowest youth labor force participation rate in history; ergo, it would seem that many discouraged young people have simply given up.)
Full article: *Townhall.com*
Townhall mentioned it again: *Townhall.com*
From the Daily Caller:
President Barack Obama isn’t the only one starting to look a bit like Jimmy Carter.
Taking a page from the peanut farmer’s handbook, Young America’s Foundation compiled a “Youth Misery Index,” which adds youth unemployment, average graduating student debt and per capita national debt. And the numbers aren’t pretty.
Average graduating student debt is now at an all-time high of $26,300, per-capita national debt is $46,900, and youth unemployment has outstripped that of the general population, at a staggeringly high 17.4 percent. That puts the Youth Misery Index at 90.6, up more than 25 percent in the last four years.
“The Youth Misery Index represents a three-pronged attack on young Americans’ financial security — educational debt from their past, unemployment in the present, and a future plagued by the burden of massive government debt,” said a press release from YAF.
Daily Caller article also posted by *Yahoo! News*
Ron Meyer and Nathan Harden's Op-Ed: *Washington Times*
Nathan Harden's blog: *National Review Online*
Ron Meyer on the nationally syndicated Roger Hedgecock Show (Starts at 18:45):
Ron Meyer on WSAU: