Tags: misery | index | youth | obama

Youth Misery Index: Young Americans Suffering More Under Obama

Image: Youth Misery Index: Young Americans Suffering More Under Obama

Thursday, 09 Jan 2014 02:21 PM

By Melissa Clyne

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Despite voting for President Barack Obama in record numbers in both 2008 and 2012, American youth are more miserable than ever, according to the nonprofit Young America's Foundation.

The organization, founded at Vanderbilt University in 1969, developed the Youth Misery Index in 1993, which adds youth unemployment and average college loan debt figures with each person's share of the national debt.

Since Obama's tenure in office, it has skyrocketed by 18.1 percent, from 83.5 percent in 2009 to 98.6 percent in 2013, according to the data.

The economy is marginalizing young people and impeding their ability to support themselves, Ashley Pratte, program officer for Young America's Foundation, told The College Fix.

"They're still living in their parent's basements, unable to find full-time jobs that pay them what they need in order to pay back their debt," she said.

According to the organization's website, "youth unemployment is at 16.3 percent — one of the highest levels since World War II" and "average graduating student debt has reached a record-breaking $29,400. National debt per capita is $52,948 — the highest ever. Add it up, and the Youth Misery Index comes out to 98.6 (16.3 + 29.4 + 52.9 = 98.6)."

When President George W. Bush left office in 2008, the index was 69.3, according to The College Fix. The first Youth Misery Index in 1993 measured 53.1, the year President Bill Clinton took office.

The youth vote was largely responsible for helping Obama win office in both 2008 and 2012. In 2012, 60 percent of young people voted for him, down 6 points from 2008, when 66 percent of voters under age 30 cast their ballots for Obama, according to polling data from Tufts University and Pew Research.

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Lara Spencer Named Co-Host of 'Good Morning America'

Friday, 18 Apr 2014 15:29 PM

Lara Spencer is being promoted to co-host of "Good Morning America," ABC News announced Friday.  . . .

Howie Carr: Open Borders Bring Boston Marathon Bombings

Friday, 18 Apr 2014 14:38 PM

The case of the Tsarnaev brothers, the alleged perpetrators of the Boston Marathon bombing, is symptomatic of the porous . . .

US to Extend Keystone XL Comment Period, Delaying Decision

Friday, 18 Apr 2014 14:32 PM

The U.S. State Department will on Friday extend the government comment period on the Keystone XL pipeline, said sources  . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved