Pennington: Millenials Can Do Something About this Mess

Millenial Maura Pennington, writing in Forbes with a followup in Ricochet, laments that millions of her peers "Live at Home and Support the Policies That Keep Them There."  She argues the solution is to "stop supporting anti-growth politicians pushing agendas that strangle the economy, weaken the dollar, and surreptitiously erode civil liberties."

Consider this isn't the first time young people have faced a sluggish economy ... When Ronald Reagan took office, there was double-digit inflation and unemployment.  In December 1982, unemployment hit 10.8%, which is higher than anything we’ve experienced since.  Yet, with a strengthening of the dollar luring investors back to American business concepts, and a decrease of the income tax penalty on productivity, by the time Reagan left office, unemployment was down to 5.3%, the S&P 500 had soared over 200%, and inflation was all but forgotten.  People were working.  For the twenty-somethings who remember their first birthday parties or Christmas mornings in the late 1980s, it was a time of plenty.