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  • Surprise: Young Americans Don't Want More Government

    11/18/2013 11:56:35 AM Posted by Cheri Cerame

     

    Poll Survey GraphicWhile the mainstream media and our leaders in Washington want you to believe that the economy is getting better, thanks to more spending, higher taxes, and more regulation, six million people have dropped out of the work force since the recession began in 2008. Young Americans, especially, have it bad.

    About 45 percent of 18 to 34-year olds are unemployed according to a recent poll by Demos, a public policy firm. I still know of college classmates who have yet to find meaningful jobs or are severely underemployed almost four years after graduation. However, a recent poll on young people's views of limited government, free markets, and economic liberty suggests some may be waking up to the conclusion that government, over-regulation, and more spending will not turn our futures around.

    In a survey launched by Young America's Foundation and conducted by the polling company, inc., more than 60 percent of college-age students feel that government should not take an active role in their day-to-day-lives, and half of respondents believe that the federal government is mostly hurting economic recovery.

    President Ronald Reagan said, "Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States." And, as the poll suggests, young people share this belief: 66 percent of the students polled had a positive opinion of "entrepreneurship," 44 percent found "free markets" positive, and 42 percent believe the federal government is an opponent rather than a partner in the pursuit of the American Dream.

    It seems every time we turn on the TV or visit our favorite news site, the media is telling us what issues should matter to us, such as gun control and abortion. However, in YAF's study, neither of those issues rank in the top five for the respondents, who cited the economy (21 percent), jobs (16 percent), education (16 percent), and the national debt (14 percent). We went to college or received an advanced degree in hopes of bettering our situation and having a productive and fruitful life. Isn't that the goal of every generation?

    The poll seems to indicate that our leaders in Washington are keeping us from doing that. Six-in-ten young people are displeased with the way that their public officials represent young people. That shouldn't surprise many, judging by the approval rating for Congress. The respondents felt that our leaders have bungled the recovery and are out to score points on each other, rather than solve the problem. 

    Many in Congress use scare tactics to call for more government spending, higher taxes, and more regulations to "even the playing field." That doesn't sit well with my generation. Seventy-six percent of respondents feel that government spending has to decrease if we are to have any hope of improving our economic situation, nearly 40 percent want less regulation, and nearly 60 percent want lower taxes.

    If history teaches us anything, a lower tax rate, less spending, and less regulation is the recipe for success. When President Reagan signed the Economic Recovery Tax Act in 1981, 20 million jobs were created, inflation plummeted, and net worth of families earning between $20,000 and $50,000 increased by nearly 30 percent. Right now, our government seems content with the unemployment rate hovering around 8% and a drastically reduced work force. That's unsustainable and unacceptable.

    As Milton Friedman said, "Governments never learn. Only people learn." 

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    • Readers' Comments

    • "...more than 60 percent of college-age students feel that government should not take an active role in their day-to-day-lives...". This as take to the roads that are regulated for safety. I wonder how many of those 60% have student loans? It is nice to be able to show the results of the survey you yourselves launched. How does that pass the credibility test?
      Posted by Doc Sarvis on 11/27/2013
    • JeNN2v I really liked your article post.Really looking forward to read more. Fantastic.
      Posted by 720575 on 07/18/2014
    • vv6hQK Thanks-a-mundo for the blog post. Much obliged.
      Posted by 67968 on 08/04/2014
    • F3WGvo Hey, thanks for the blog.Really thank you! Will read on...
      Posted by 40398 on 08/05/2014
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