But for others reality is setting in. Paul Ryan touched on that in his speech at the Republican National Convention when he mentioned young people in their twenties still living in their childhood bedrooms with faded Obama posters wondering when things will improve enough for them to start their own lives.
"Mr. Obama's biggest problem with millennials is almost certainly his failure to reignite the economy. Robust growth is needed to create the new jobs they need.
The anemic 2.2% annual growth since 2009 has resulted in 12.7% unemployment among young men and women ages 18-29, according a July poll by Generation Opportunity, a nonprofit, nonpartisan organization mobilizing young voters. Over 1.7 million young adults have become so discouraged that they have dropped out of the workforce. Youth unemployment would be 16.7% if they were factored in.
College graduates often find no one is hiring in their chosen career. Student loan debt is at record levels. According to a Pew Research Center survey in December, 53% of all young adults ages 18-24 said they 'live with parents now or moved back in with parents temporarily because of [the] economy.'
The July poll by Generation Opportunity reported that 84% of young Americans are delaying important decisions or feel their plans are in jeopardy. More than a third—38%—are delaying finding their own place. Some 31% said they are delaying starting a family, and 23% said they are delaying getting married. Dangerously for the president, 76% believe the lack of job opportunities—not the lack of government—is shrinking the middle class."Rove: The President's Fountain of Youth Is Drying Up - WSJ.com
