Young Americans are a generation betrayed. Official unemployment is more than 25 percent for those aged 16-19. That means the real figure is much worse, especially in minority communities and depressed parts of the country. But jobs are scarce for everyone. College students are graduating with record levels of student debt before entering the worst job market for graduates in recent memory.
We're handing them a nation of crumbling infrastructure, lost ambitions, diminished prospects -- and a seemingly endless parade of baby-boomer pop culture references, too. They deserve better than this legacy of dust and ashes. Since we've made such a mess of things, why not hire them to build the nation -- and the future -- that they deserve?
We can do it. Better yet, we can help them do it. A WPA-like program for younger Americans would give them a brighter future by hiring them to rebuild our infrastructure, develop imaginative new business ideas, create alternative energy sources, and become tomorrow's artists and writers. We can give them control over their own destiny, too.
But first, a look at the mess we've created for them.
Dystopia USA
We've trashed the place
We were supposed to hold this nation in trust to the generations that follow us. It's only good manners to leave something in the same condition it was in when you borrowed it. We were given a nation of schools, highways, bridges, tunnels, and railroads that was well-maintained and growing with every passing year.
Well, frankly, we've let the place go to hell. As Dave Johnson explains, the nation's infrastructure is collapsing. It will take more than $1.7 over the next nine years just to fix our surface transportation. Throw in everything else that's falling apart, and we're facing a nation of ruins.
Put it this way: If older generations had been required to leave a security deposit on this country, they wouldn't get their money back.
Indentured Servitude
We've sold younger generations a bill of goods. We told them that if you work hard and get an education there will be jobs waiting for you when you graduate. But the job market for college graduates has suffered just as much as the overall market, and it's not getting better. In the meantime, the cost of tuition has soared
It's no wonder that the total amount owed on student loans now exceeds credit card debt in this country. Student loans have led to another bank-fed bubble, this time in tuition costs, that has enriched Wall Street and forced young people into starting their work lives with record levels of debt... and no work.
Worse, we've left them with no way to earn money just when the time has come to pay the piper... the Pied Piper of Hamelin, that is. The original Pied Piper led the village children over a cliff with his flute. This one has led the youth of America over a cliff of debt with a flute song of prosperity and jobs.
Unlike his fictional counterpart, this Pied Piper is real. He's Wall Street, he's the government -- and he's us.
Teenaged (and Twentysomething) Wasteland
The unemployment situation seems unrelentingly grim for young Americans. The jobless rate rose in 28 of 50 states last month. They're entering their working years with a 25 percent unemployment rate, and the figues are much worse for minority communities. What's more, studies show that a young person's lifetime earnings will be affected by what she or he earns in the first few years of working life.
There was a time when young people could find work. And they didn't just have jobs -- they had possibilities. Homes, cars, and fuel were affordable. They have choices, too -- about where to live, what kinds of careers to pursue, and what kind of future they wanted for themselves.
When it came to artistic endeavors -- literature, music, theater, film, and visual arts -- careers were always difficult, open only to the most talented, the hardest working, and the luckiest. But at least previous generations had opportunities. Today the arts have been subjected to decades of withering contempt, along with lost revenue as traditional media outlets failed to adapt to the Internet and other new technologies.
It is, in the words of an old punk band called the Adverts, "no time to be 21."
A Build-It-Yourself Future
These are daunting problems, but they have solutions. Our six-point plan is ambitious, but we do "ambitious" in this country. We did it with the Works Progress Administration in the 1930's and we can do it again. Here's how.
#1: Rebuild Our Infrastructure
Let's hire young people to work side-by-side with older and more experienced workers. Together, the generations can rebuild our roads, bridges, highways, and schools. As they do, younger people will learn new skills from their older colleagues. Older workers who have survived the bruising experience of long-term unemployment will feel the pride and satisfaction that comes from passing on your skills to others.
And the money they both spend will stimulate a struggling economy and get in back on a growth path. That paves the way for a future where those younger workers' new skills will continue to be in demand.
#2: Reinvigorate Our 'Brain Resources'
Too often bright young people ignore or abandon certain professions because there is no clear career path, or because academic life seems too insecure in a nation that's cutting academic jobs and pay -- even, paradoxically, as tuition costs soar.
The academic life is vital to a health country. It's a way to germinate ideas that are clear paths to new economic growth -- ideas in computer programming, telecommunications, mathematics, materials science, and dozens of other fields.
But it's also a place to explore ideas that don't have obvious commercial benefit. Some of them will, eventually, in unexpected ways. (Some sociological theories about social networking come to mind.) But others never will. They're simply ways to make us brighter, more creative, and more well-rounded as a people. We'll need those qualities as we face an increasingly uncertain future.
#3: Create the Businesses (and Industries) of Tomorrow
Entrepreneurs are familiar with the concept of "incubators" -- places where young people can go to develop new ideas and turn them into thriving businesses. Venture capitalists have subsidized very successful ones, especially in information technology.
Our country should be equally ready to "incubate" new industries -- and to help young people become the industry leaders of tomorrow. Our "youth WPA" should create spaces where smart young people can pursue business ideas in all fields.
They should be encouraged to apply for these opportunities by submitting proposals that are judged on the following criteria: Job-creating potential (in the U.S.), imagination, innovation, and contribution to the overall economy.
#4:Re-Energize America
Stalix, a technology group, has rounded up some studies on jobs and green energy. For solar energy, according to one study, 20 manufacturing job-years and 13 installation job-years are created for each megawatt's worth of panels installed.
As Stalix observes,"the majority of jobs created are white-collar or highly-skilled craft labor... a large number of indirect jobs are created in supporting industries... Statistics show that for every job created by the PV industry, between 1.8 and 2.8 jobs are created in other segments of the economy."
Stalix also cites a Department of Energy reports which shows that green energy jobs are "labor-intensive, so they generally create more jobs per dollar invested than conventional (energy)... and they use primarily indigenous resources, so most of the energy dollars can be kept at home."
Who better to perform these jobs than trained young people? They're the ones who will be around to maintain and repair these new, green energy sources in the decades to come.
#5: Create the Arts of Tomorrow
Imagine a government body with a name like "The Department of the Treasury Section of Painting and Sculpture" or "The Treasury Department Fine Arts Section." They both existed -- during the years when the Federal government responded broadly and effectively to the Great Depression.
President Roosevelt's administration eventually developed a program called "Federal One" that included five divisions: Art, Music, Theater, Writing, and Records. Each employed thousands of people who were able to keep the arts alive and create new and innovative forms of expression. Many of the people who contributed to the country's billion-dollar entertainment and publishing industries worked for these programs.
This was also the period when American culture became a dominant world force, with unexpected -- and incalculable -- value for U.S. global strategic interests.
Why not create a "Federal One" for young Americans? Statistically, their unemployment problem today is a grave as the nation's was during the Great Depression. And we would be contributing to the next century of American culture.
#6: Give Them a Say in Their Own Future
If we make this initiative a two-year project, the first year can include a series of elections of "youth representatives" from all segments of society that will meet and decide the second year's funding and programs. It would be relatively easy to organize and fund those elections using Internet technology and other modern tools.
And they're bound to make better decisions than their parents did.
Finding the Money
Some people may say there's no money to pay for this initiative. But total student debt in this country will reach the one trillion dollar mark in the next year. As we said in the beginning, these debts were incurred with broken promises. Much of that money is owed to the government itself, and billions are owed to the banks we bailed out at taxpayer expense.
Why not use some of these debts to make those promises come true? It seems only fair. They may owe this money -- but we owe them much, much more.
It's time to treat young Americans decently. And when we do, the money they receive will be pumped back into the economy to benefit the rest of us, too. We'll be building a better future for our kids, giving them a country worth living in, and improving today's economy.
That makes sense, but here's what matters even more: It will fulfill our commitment to the future. It means they'll inherit the kind of country we older Americans inherited. Isn't that the kind of country we want to be? Isn't it that the life we promised them?
It's time to make good on our promises.
(This post is part of the "Big Ideas to Get America Working" series.)
Richard (RJ) Eskow, a consultant and writer (and former insurance/finance executive), is a Senior Fellow with the Campaign for America's Future. This post was produced as part of the Curbing Wall Street project. Richard also blogs at A Night Light.
He can be reached at "rjeskow@ourfuture.org."
Follow Richard (RJ) Eskow on Twitter: www.twitter.com/rjeskow
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Christine L. Owens and Tsedeye Gebreselassie: Scapegoating the Minimum Wage
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Step up parents - it is about teaching them responsibility and giving back....not always about making money.
a) drop the minimum wage to lower the barrier to entry for unskilled labor, much of it represented by our youth under 25.
b) reduce the cartelization of health, energy, healthcare, & housing that are either protected by the government or interfered with to such a degree that open efficient markets do not allow price competition. Open them to private competition & allow free markets to drive down the price as it did for consumer goods.
c) since unemployment is only 5% for college educated students. Do nothing for them since 5% is fine. Those that got their degree in medieval history of bed wetting are most likely working at the Java Juice & it’s exactly what one would expect given the immutable Darwinian Law of Bad Life Choices.
d) reform our education system. It is an epic fail, partly due to a bad system as protected by unions & partly due to bad parenting or simply bad kids. Some kids SHOULD be left behind…so other can move forward. & we also need to fight the teachers unions ‘No Teacher Left Behind’ program.
e) privatize our infrastructure so whoever buys it & operates it can improve it & charge the end user not the taxpayer. Better cost control too.
f) Reduced taxes & regulations so real autonomous private sector growth, the kind that creates real sustainable jobs, can take place. No one hires full time workers on the expectation of short-term artificial stimulus. Keynesianism has never worked…not
Agreed.
Kai
Regressivism is not the answer.
As with most liberals in an argument, you have truly risen to your highest-and-best use, that of name caller and contributor of vapid pablum.
Please run along and let those who can debate the issues carry on.
But wait, … I would be remiss if I did not offer you an opportunity to further embarrass yourself by asking you to address any one of the points I listed above and provide a clear, cogent rebuttal based on fact and linear thinking, not supposition and ‘rub-my-belly’ happy feelings.
Kai
College tuition costs have doubled over the past decade. Other than greed what is the possible reason for this? It's not like inflation has been a big problem. It's not like the average salary of people has been growing by leaps and bounds.
Perhaps the greedy liberal/progressives that have owned the higher education system are to blame for the amount of debt students have today. Seriously what is the reason for it???
Plus that, we might find that being a CITIZEN of this country wasn't just being born here, but contributing to it is part of the program. Why wait until high school graduation or lack thereof? Twelve year olds have enough skills to help in many family or small businesses, day care, nursing homes, pet shelters, gardens, park monitors/cleanup. Help me out here...what other jobs could a 12-14 year old do? I don't mean unsupervised work, but age appropriate.
I am almost afraid to see what the new child labor laws consist of. Are we raising our kids to fail?
http://redwriteblue.over-blog.com/pages/American_Teenage_Blues--5013483.html
http://redwriteblue.blog.com/2011/02/17/polaris-snowmobile-heads-south/
But don't give up! Start appling for jobs online with companies that you think could use your experience in purchasing or production control. Expand your seach to other jobs besides sales. You have to realize that whatever job you find, you are not going to doing what you did before.
Keep Trying!
And look at illegal labor. We have millions of illegals. After Obama grants amnesty they won't be illegal. Problem solved. Then we can start importing millions and millions more. After a few more amnesties we will have so much labor that we will be the low cost leader. If we grow to a billion (300 million now) then wages will be very low and factory jobs might come back.
Finally we need to keep taxing workers so the federal government can invest in R
The reality is that even to do a new road through a new place takes years just to get the project going, getting the environmental impact statement approved takes a lot of time and effort. It's not like it used to be where they put a line on a map and said build it here.
The very reason we have far fewer jobs in manufacturing today is because those jobs were deemed beneath most young people. Everybody wanted to be in the FRONT OFFICE not in the factory. Blame the boomers for spoiling their kids, and so if you are waiting for recent grads to help out, good luck.
Many college bound students today are deliberately picking schools that are easy, party schools, and picking degree programs void of math and science. On top of that they are borrowing money to live on when they could have chosen to work while attending college like many of us did when we went to school. I had a job at college and I also went home every weekend to work. I worked every vacation, holiday, and of course full time during the summer. It is no wonder I always had money. True, I probably worked too much, but I wanted to pay for school by myself which I did. I knew lots of kids just like me. I wasn't special. That work ethnic is gone today. Again, thank the boomers for spoiling their kids.
For those kids that cannot find a paying job, they could volunteer and learn while working for free. Many did that years ago as well when money was scarce. It is called building your resume. Nobody can take experience away from anybody even if they didn't get paid to obtain it. Years ago, an "intern" was a non-paying job.
BTW, kids should look to reduce their school expenses by choosing to go to a community college near their home for the first 2 years. Those credits can be transferred then to a 4 years state university college. Often academic or sport scholarships are available to those community colleges that would then make it almost a free ride.
Good point. Community colleges are a godsend for people who are on a budget but intent on furthering their educations. One note of caution -- the student should coordinate the curriculum well in advance to avoid taking community college courses that might not count at the 4-year school. Make an appointment with an admissions counselor at the 4-year school to have their unique rules and requirements understood at the outset. (Some schools have goofy requirements, such as in languages, that NEED to be taken at the 4-year and cannot be substituted elsewhere).
But the money saved is well worth the student's time.
And as for WPA...you will just end up attracting more illegal labor. It's a waste if you don't secure the border too.
http://redwriteblue.blog.com/2011/02/17/polaris-snowmobile-heads-south/
In the hierarchy of things, student loans are not a high percentage of any bank's accounts receivable. Certainly for those banks which have not yet paid back the government loans they were given in 2008 and 2009 it would make sense to transfer student loan assets to the government and use the repayments to support jobs for recent graduates.
Pairing recent graduates with experienced tradesmen and craftsmen is simply genius. What would be even better is if we adopted an education system which more resembles that of Germany. Not everyone is college bound, and too many high school teachers simply ignore any student whose goal is not State U.
FIGHT THE CAUSE - NOT THE SYMPTOM
OsiXs (More Power and Technology to the People!)
The people who build things in America will always be Americans,
The reason the construction sector is sitting on the couch playing with the Wii instead of out fixing America is that America isn't spending the money to do the fixing.
America has a $2 trillion backlog of infrastructure maintenance, according to the Urban Land Institute. With the government able to borrow money at ridiculously low 10-year rates, it seems pretty convincing that we should be borrowing that money and spending it now, both to improve that infrastructure and to get the economy going.
If we had a "Marshall Plan" for energy independence and restoration of our infrastructure and manufacturing base we would recover.
Building up our infrastructure and industry is both a necessity and a excellent investment.
It would enable our economy to recover and help our grandchildren no end just like the freeway system, TVA, Etc. allowed our generation to thrive.”
You forget we had a surplus as far as the eye could see when Clinton left office. The Republicans spent 8 years to get us into this mess and it will take much longer than that to even become close to as great of a country again, if ever.
THAT is the difference between progressives and low information voters (AKA Republicans)