Sunday, October 3, 2010

YOUNG AND DUMB: Why do the young support Obama when they're footing his bill? Obama tries to fool them again...

Last week, in an effort to limit the damage to congressional Democrats in November’s elections, President Obama set out in pursuit of the youth vote, traveling to several college campuses to rally the young activists who were so important to his presidential campaign. “What I want to do is just to speak to young people directly and remind them of what I said during the campaign,” he told reporters on Monday.

But rather than listen to the president talk about what he said two years ago, young voters should look at what he has been doing ever since. In fact, it is precisely younger Americans who should be most distressed by Obama’s agenda and governing choices as president: Their future is at stake, and they are on the losing end of his key policies.

To begin with, the debt we are amassing will have to be shouldered by the young throughout their working lives. President Obama has added nearly $3 trillion to that debt in his first two years in office (after his predecessor had added more than $4 trillion in his eight years). And Obama’s budget would add a total of more than $11 trillion over just the next decade. By the time today’s young workers are at the peak of their working lives, America’s national debt will equal more than 200 percent of our GDP (up from roughly 60 percent today), according to the Congressional Budget Office. Today’s young voters will be left with the bill, but without many of the benefits of that spending. READ MORE...

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