Thursday, July 24, 2014

Want Jobs? Frack

"Fracking in the state of Colorado during the year 2012 created 111,000 jobs, whereas Barack Obama's entire economy has only generated 110,000 jobs for Millennials since 2007," writes Katie Kieffer @ townhall.com.
Last week, TIME Magazine reported: “Fracking generated $29.5 billion in economic activity in Colorado in 2012, creating 111,000 direct jobs with an average wage of $74,811, according to the Colorado Petroleum Association.” One month earlier, TIME reported: “Since 2007, there’s been a net increase of only 110,000 jobs held by workers between the ages of 22 and 34, making millennial unemployment nearly flat for the past six years.”

In June, 15.2 percent of Millennials were unemployed according to Generation Opportunity. Over a third of Millennials were “homeless” during the Obama years—living at home with their parents or grandparents against their will. Finally, Millennials are struggling under the weight of historic levels of student loan debt and rising healthcare insurance premiums at a time when good jobs are scarce.

We can recover this economy, but it will take individuals demanding free market solutions. Let’s audit the Federal Reserve. Let’s lower the corporate income tax rate to the lowest, not the highest, in the world. Let’s each opt out of Obamacare as I explain how to do in my new book titled, “Let Me Be Clear.” And, above all, lets frack.

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