Moderate conservative George Will writes about in Investors Business Daily. This is a good review of what’s happening in the economy.
Excerpt:
The reason why unemployment fell by four-tenths of a point (to 6.3%) in April while growth stalled is that 806,000 people left the labor force.
The labor-force participation rate fell by four-tenths of a point to a level reached in 1978, which was during the Carter-era stagflation and early in the surge of women into the workforce.
There are about 14.5 million more Americans than before the recession but nearly 300,000 fewer jobs, and household income remains below the pre-recession peak.
[…]The more than $1.1 trillion of student loan debt — the fastest-growing debt category, larger than credit-card or auto-loan debt — is restraining consumption, as is the retirement of baby boomers. In 2012, more than 70% of college graduates had student loan debts averaging about $30,000.
This commencement season’s diploma recipients enter an economy where more than 40% of recent graduates are either unemployed or in jobs that do not require a college degree. This is understandable, given that 44% of the job growth since the recession ended has been in food services, retail clerking or other low-wage jobs.
In April, the number of persons under 25 in the workforce declined by 484,000. Unsurprisingly, almost one in three (31%) persons 18 to 34 are living with their parents, including 25% who have jobs.
[…]There is, however, something new under the sun. The Pew Research Center reports that Americans 25 to 32 — “millennials” — constitute the first age cohort since World War II with higher unemployment or a greater portion living in poverty than their parents at this age.
Now it’s not just that the young people are having trouble paying off their loans and leaving the nest, it’s that they also are going to inherit a debit that has more than doubled since they elected Obama the first time. This is serious, now. If you are a young person, you’d better have a plan to be borrowing as little as possible, working as much as possible, saving as much as possible, and studying only what can get you a job. Things have changed since the time of your parents. You will have to work harder to achieve less. You voted for it.
I normally don’t read David Brooks anymore since his slide to the left, but Dennis Prager mentioned this article from the radically leftist New York Times, and I thought it was worth a look.
Excerpt:
When foreign visitors used to describe American culture, they generally settled on different versions of one trait: energy. Whether driven by crass motivations or spiritual ones, Americans, visitors agreed, worked more frantically, moved more and switched jobs more than just about anybody else on earth.
That’s changing. In the past 60 years, for example, Americans have become steadily less mobile. In 1950, 20 percent of Americans moved in a given year. Now, it’s around 12 percent. In the 1950s and 1960s, people lived in the same house for an average of five years; now people live in the same house for an average of 8.6 years. When it comes to geographic mobility, we are now at historic lows, no more mobile than people in Denmark or Finland.
Why is that? Here is his hypothesis:
[A] big factor here is a loss in self-confidence. It takes faith to move. You are putting yourself through temporary expense and hardship because you have faith that over the long run you will slingshot forward. Many highly educated people, who are still moving in high numbers, have that long-term faith. Less-educated people often do not.
One of the oddities of the mobility that does exist is that people are not moving to low-unemployment/high-income areas. Instead they are moving to lower-income areas with cheap housing. That is to say, they are less likely to endure temporary housing hardship for the sake of future opportunity. They are more likely to move to places that offer immediate comfort even if the long-term income prospects are lower.
This loss of faith is evident in other areas of life. Fertility rates, a good marker of confidence, are down. Even accounting for cyclical changes, people are less likely to voluntarily vacate a job in search of a better one. Only 46 percent of white Americans believe they have a good chance of improving their standard of living, the lowest levels in the history of the General Social Survey.
[Leftist] Peter Beinart wrote a fascinating piece for [Leftist] National Journal, arguing that Americans used to have much more faith in capitalism, a classless society, America’s role in the world and organized religion than people from Europe. But now American attitudes resemble European attitudes, and when you just look at young people, American exceptionalism is basically gone.
Fifty percent of Americans over 65 believe America stands above all others as the greatest nation on earth. Only 27 percent of Americans ages 18 to 29 believe that. As late as 2003, Americans were more likely than Italians, Brits and Germans to say the “free market economy is the best system on which to base the future of the world.” By 2010, they were slightly less likely than those Europeans to embrace capitalism.
Thirty years ago, a vast majority of Americans identified as members of the middle class. But since 1988, the percentage of Americans who call themselves members of the “have-nots” has doubled. Today’s young people are more likely to believe success is a matter of luck, not effort, than earlier generations.
The funny thing about this story is that the young people themselves are voting for the very things that are destroying their hopes and dreams. They vote for the Democrat Party, the champions of social liberalism and fiscal liberalism.
What do young people need to get ahead? They need a stable family with a mother and father. Young people vote for the pro-no-fault-divorce Democrat Party. They vote for the pro-gay-marriage Democrat Party. They vote to call any family arrangement marriage, and any collection of people with kids a family. They are the ones who are the strongest opponents of the nuclear family that used to be the norm in America. Maybe they are doing it out of ignorance, but they are still responsible – they are voting for it. They are voting for more adult selfishness, and they are the victims of it.
What else to young people need to get ahead? They need a good education and a job. What do they vote for? They vote for the Democrat Party. The party that opposes school choice. The party of teacher unions. They party that undermines free market capitalism with taxes, regulations and nationalization of the private sector. They vote for judicial activism instead of the rule of law. They vote for redistribution of wealth instead of private property. And what’s more they are anti-corporations! Who exactly do they expect to work for? They keep voting for more and more government spending on adults, and they are the ones who are going to be stuck with the bill.
This will go on until the United States ends up like France and Greece, when there is no more money left to borrow, and then it will stop. But one thing is for sure – these young people will never have the standard of living their grandparents had. Either you believe in America, and what America represents, or you devolve into Greece, and live at home, unemployed, with your parents for your whole life.
I came to faith at the age of 35. I didn’t have a deep relationship with any Christians at the time, and I had no strong Christian influences in my life. Without a mentor or role model, I felt like I had to work through the evidence and claims of Christianity on my own. Many years later however, as I was preparing to write my own book and start a modest journey as a public Case Maker, members of the apologetics community surrounded me with support and encouragement. While I wasn’t much younger than any of them (and was, in fact, older than some), they recognized I was the “new kid” on the block and surprised me with their generosity, wisdom and assistance. I was humbled by the response, and began to look at my own sphere of influence, searching for young men and women I could encourage in a similar way.
Those of us who hope to influence the culture for Christ typically think of our own efforts to communicate and reach the world. What can I write today? What can I say? How can I effectively use the internet to promote and defend the Christian worldview? Like others, I’m guilty of viewing my influence through the narrow lens of my own efforts. As a guy who started this season in my 50’s however, I’ve come to realize the limits of my own impact and the role I can play as an encourager. My questions are starting to change: Who can I inspire as a young Christian Case Maker? What small piece of wisdom can I provide to someone who is a few steps behind me in this journey? How can I impact the younger generation of Christian Case Makers? I know I won’t be writing and speaking 30 years from now, but there are men and women out there who will be. What can I do to make them even more effective?
I wanted to add to what he wrote and tell you a little bit about what I do. Through my blog, I have been able to meet young people in high school and college who are making decisions about what to study and where to work. I’m been able to help people in some specific ways:
helping them to know what to read/listen to/watch in order to build up their worldview
helping them learn how to debate with skeptics
helping them to decide between college and trade school
helping them to choose the right major
encouraging them to work in the summer instead of taking time off
helping them get funding for apologetics events that they organize
rewarding them for doing well in school or work
listening to the conflicts with teachers and professors
helping them make plans for their lives
helping them make good decisions with the opposite sex
spending time playing games with them or just talking
asking them about their classes, assignments and tests
It’s always rewarding to seem them studying hard subjects, getting good grades, entering competitions and getting summer/full-time jobs. I like to give rewards to people who do try to grow their skills and produce results. It can be small stuff like games or books, or bigger stuff, like sponsoring an apologetics event that they’ve organized. Sometimes I can get a young person connected with a mentor. For example, one young lady wanted to start a pro-life club, and I was able to connect her with someone who started a large pro-life organization and the office manager from that large pro-life organization. I also provided her with some helpful pro-life books. It’s important that we not understimate how much good it does to try to be supportive when young people want to grow their skills and take on challenges.
I think that mentoring young people is especially for those of us who are not married with children. We typically have more disposable income and time than married people do, especially married people with children. Not only is it good for them to get the advice from someone more experienced, but it also gives you parenting practice, and that’s something that you can talk about in a courting situation. This is the kind of thing that signals to a candidate spouse that you are going to be interested in mentoring them, and in raising effective Christian children. The most challenging thing about doing this is that you really have to think about how to please God with your mentoring, and that means that you have to put yourself second a lot of the time. It’s good for singles to learn how to do that.
WINTERY KNIGHT 