Monday, December 28, 2009

Left Wing Policies Dramatically Hurt the Young

Obama and Democrats generally like to tout their popularity among the youth, even to the point of hauling out pre teens to voice approval of their policy initiatives, as if America ought to follow a ten year old on the country's gravest issues. The current Democratic Congress has already substantially harmed the young when it comes to employment and threatens to do more damage in the future.
According to Walter Williams at George Mason University, teenage employment has not seen such a bleak outlook since directly after World War II. The age 16-19 group currently sees 25% unemployment. When narrowed to blacks in that age range, the percentage jumps to 50%.
Small businesses employ more people than any other sector of the market in the United States. Minimum wage hikes slash away at their miniscule profit margins, forcing them to divest themselves of the luxury of extra part time help. Instead of hiring someone, they will do extra work or get family members to help. These are the places where a kid has teh best chance to find a solid starting job that will give him income and a real reference. Many 16 to 19 year olds do not just work for extra cash. but to support families started too early.
Worse news is coming down the pike. If health care deform and the massive taxes designed to support it pass, small business will take the brunt. They will lay off even more workers or shut their doors altogether.
The minority angle on this problem was explored further by Walter Williams in the link below

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