The majority of young Americans, who are among the hardest hit in this country’s years-long economic slump, say they much prefer giving tax cuts to ALL Americans rather than see the wealthiest Americans – those who create the most jobs – be taxed in the interest of “fiscal fairness.”
According to Ron Meyer, 22, spokesman for the Young America’s Foundation, a new McClatchy-Marist poll found that 69 percent of young people age 18-29 favor tax cuts for all Americans with only 29 percent opposing.
“The wealth redistribution and ‘fairness’ rhetoric coming from both academia and the Obama administration seems to be failing,” writes Meyer for CNSNews.com. “Young Americans like financial and personal freedom.”
And they like jobs too, he adds. Youth unemployment is at an all-time high with nearly 17 percent of young Americans out of work.
“The best youth jobs recovery in the last 50 years came when President Ronald Reagan cut taxes 25 percent for all Americans. When the Reagan tax cuts were implemented in 1982, youth employment went from a peak of 18.8 percent to 10.7 percent the last term of his presidency–a 43 percent drop,” Meyer writes.
It is private sector businesses–not the federal government–that employs young people, and every government spending stimulus has led to economic stagnation for America’s youth, he says. By contrast, tax cuts during the Kennedy, Reagan, and Bush years resulted in immediate job growth for the young.
“The less money the government sucks away from the private sector, the more businesses have the freedom to invest in young people,” Meyer writes.
“When the ‘wealthy’ have money, they spend it on jobs for young Americans. . . . we’ll take jobs over wealth redistribution any day.”
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