The graph that should accompany every discussion about young people [they call themselves “millennials”] and economics, because not only is the unemployment rate among 20-24 year olds 14%, even those with jobs have seen their incomes steadily fall during [and before] the hopey-changey Obama years:
Glenn Reynolds at Instapundit points out things are actually worse than this graph shows because as their salaries have been going down their debts, especially student loan debt, has been going up.
The Progressive Policy Institute has it figured out. They say, “Something is going wrong.” Gee, I wonder what that would be?
Hint: As the Government gets bigger, the people get smaller. This is a universal truth.