Add another accomplishment to Barack Obama … Hardly ‘Hope and Change’ for the Youth.
The Youth Misery Index hits all-time high under Barack Obama. In 2009 when Obama took office, the YMI was at m 83.5; however, has skyrocketed to 98.6 in 2013. This represents an 18.1% increase since Obama took office. But Obama claims he is for the youth of America and the youth continue foolishly vote for him in large numbers. The index is calculated by adding youth unemployment and average college loan debt figures with each person’s share of the national debt. And before Obama and his minions blame Bush, when President George Bush left office in 2008, the index was 69.3.
A Youth Misery Index that measures young Americans’ woes has skyrocketed under President Barack Obama and hit an all-time high.
The index, released Wednesday, was calculated by adding youth unemployment and average college loan debt figures with each person’s share of the national debt. While it has steadily grown over the decades, under Obama the figure has shot up dramatically, from 83.5 in 2009 to 98.6 in 2013.
The index has increased by 18.1 percent since Obama took office, the highest increase under any president, making Obama the worst president for youth economic opportunity, according to the nonprofit that released the figure.
“Young people are suffering under this economy,” said Ashley Pratte, program officer for Young America’s Foundation, which developed the index and calculates it annually using federal statistics. “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.”
Youth unemployment in 2013 was 16.3 percent, and student loan debt came in at a record-breaking average of $29,400 last year, the foundation points out; what’s more, each person’s share of the roughly $17 trillion dollar national debt stands at its highest level ever: $52,948.
FOX and Friends – Ashley Pratte, YAF’s Public Relations Officer
Pic – screen Grab from Fox & Friends Interview: Click on Pic for VIDEO
Sorry, but what Obama has done to the youth of America should be considered a crime … Can he be charged with child abuse? How about Generational theft?
UPDATE I: Thanks Teach for the link at the Pirate’s Cove.