economy
970 pieces tagged “economy”, newest first.
Washington's Millennial Betrayal
Candidates running for president should take the following warning seriously: Years of bad government policies catering to interest groups have created a generation of young people facing tremendous challenges in the labor market and little chance to experience the good old American dream. We can hope that someone will put this government-created generation of disinherited at the center of his or her platform. The challenge faced by young Americans and the root cause of their tragic situation are perfectly described in a recent book by two scholars at the Manhattan Institute, Diana Furchtgott-Roth and Jared Meyer, called "Disinherited: How Washington Is Betraying America's Young." If you aren't convinced that millennials, unlike past generations, are in a bad way, they have a few facts for you.
How to Kill the Summer Job
I had a lot of summer jobs. I was a foot messenger in New York for a couple of summers. I worked as a receptionist and mail room flunky. Before my junior year of high school, I briefly sold ice cream snacks — sort of yuppie bonbons — on the street for a company called Love Bites. The uniform was a tight red T-shirt (with a cupid over the heart), a straw hat, cane and snug brown shorts. When my manager asked me to work weekend nights in the (famously gay) West Village, I defected to a company that sold Italian ices. First, I didn't want to work nights. But at 16, I also wasn't ready to say, "Hey mister, would you like a Love Bite?" to the gang leaving the Stonewall Inn. Truth be told, all I wanted out of most of these gigs was beer money. Today, however, psychologists, educators and economists all talk about the benefits of summer jobs in the context of acquiring "life skills."
