TimmyHGeneration Progressive
May 23rd 2008 01:19
According to a new world-wide study by the Centre for American Progress, Generation Y is the most Economically progressive in history.
As Amanda Logan, a report contributor explains...
Millennials...believe that increased public investments in healthcare, education, and other areas are necessary to ensure strong and sustainable economic growth. Furthermore, Millennials largely reject the conservative viewpoint that government is the problem, and they don’t necessarily believe that free markets always have the answers.
The results of Tuesday's report suggest that more than 85% of Y-Gens believe spending on public health should be increased, even if tax rises are required. And more than 95% think that education should go the same way.
Generation Y faces more significant economic challenges than did the Baby Boomers and Gernation X including lower rates of healthcare coverage, declining job prospects and earnings, a reduction in benefits offered by employers and higher levels of student debt and other types of debt. Not to mention, in Australia, the ever increasing housing affordability crisis. All of these challenges facing Millennials are legacies of the conservative policies that have dominated in recent years, not just in Australia, but Worldwide.
The report also says that Generation Y is likely to retain their even more liberal political views throughout their lives.
As Amanda Logan, a report contributor explains...
Millennials...believe that increased public investments in healthcare, education, and other areas are necessary to ensure strong and sustainable economic growth. Furthermore, Millennials largely reject the conservative viewpoint that government is the problem, and they don’t necessarily believe that free markets always have the answers.
The results of Tuesday's report suggest that more than 85% of Y-Gens believe spending on public health should be increased, even if tax rises are required. And more than 95% think that education should go the same way.
Generation Y faces more significant economic challenges than did the Baby Boomers and Gernation X including lower rates of healthcare coverage, declining job prospects and earnings, a reduction in benefits offered by employers and higher levels of student debt and other types of debt. Not to mention, in Australia, the ever increasing housing affordability crisis. All of these challenges facing Millennials are legacies of the conservative policies that have dominated in recent years, not just in Australia, but Worldwide.
The report also says that Generation Y is likely to retain their even more liberal political views throughout their lives.
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