The most common comment was extreme concern about difficulty getting a job and, for college graduates, the debt they have accumulated. Several attributed these difficulties to the Obama policies and plan to switch their vote in November to Republicans, but some praised these policies and plan to vote for him again.
I waited to write this letter because I wanted to know the Supreme Court’s decision on Obama-care first. One of the millennials on the show said he would vote for Obama again because of Obamacare since he values the ability to remain on his parent’s health care plan. He said that precludes him from becoming bankrupt because of one serious illness or accident. This view ties directly into a comment Harry Reid made today after the Supreme Court decision, “No longer will Americans be a heart attack or car crash away from bankruptcy”. President Obama today made a comment along this line as well. This millennial and these two “leaders” are very mistaken.
The United States Debt Clock says that today the average national debt per citizen (all 314,000,000 of us) is $50,300. The truth is that many Americans are bankrupt now in the technical sense of the term because their assets do not exceed this amount. Their only hope is that someone else will pay much of this debt in the form of more taxes on the “rich”. That hope, however, may not materialize because the Obama budget has debt increasing by $80,000 per household (or roughly $20,000 per person) over the next 10 years (per Brian Riedl of the Heritage Foundation in a report dated March 23, 2011).
The real problem for millennials is not solved by remaining on their parent’s health plan but by being able to get a good job with health benefits of their own. This is less likely with the Obama policies of increased taxation and regulation of businesses. The length and depth of the current recession is less a result of Bush policies (which we are constantly reminded started it) than it is of Obama policies that have not stopped it.
The Tea Party will doubtless be energized by the Supreme Court decision since now the only way to rid the country of a law that is disliked by about two-thirds of the voters is to replace the president and change control of the Senate in November. Tea Parties stand for adherence to the Constitution, fiscal responsibility, free enterprise and smaller government.
All four of these priorities have been missing for the last 3½ years and I believe the Tea Party supporters will approach Nov. 6 the same way as George Washington approached the battle at Trenton. I pray that the outcome is the same.