My Generation’s Best Chance Is Socialism
http://www.thenation.com/article/my-generations-best-chance-is-socialism/
A very election season is a time of bemoaning why millennials wont vote for politicians boldly committed to picking at the edges of their problems. Consider a snapshot of the situation young people face: the unemployment rate for workers under age 25 is 18.1 percent; unemployment for black people who have not graduated from high school is 82.5 percent; the people most likely to be shot by police are black 2534-year-olds; the national student loan debt has surpassed $1 trillion; and the only jobs lucrative enough to pay off college loans are in the financial industry that detonated our economy or Silicon Valley companies deregulating working-class industries.
The future doesnt hold much hope either, with median household income declining 12.4 percent between 2000 and 2011. Having a family is simply harder to afford now. Meanwhile, each new year sets another low record for union density, meaning we have few levers for turning those income numbers around. Unlike most wealthy countries, the United States lacks universal childcare and maternity leave, so women are stuck with the same old debates over an impossible work-life balance.
We were told that in the knowledge economy good jobs followed higher education; there are few jobs, and we lock ourselves into miserable ones as quickly as possible to feed the loan sharks. The magazine writers who report on self-indulgent 20-somethings (think Times The Me Me Me Generation cover), the well-meaning guidance counselors who coach kids to invest in themselvesthey should save their breath. You dont need a college course to know when youre getting screwed.