02 May 2012

Paul Krugman: Wasting Our Minds

In Spain, the unemployment rate among workers under 25 is more than 50 percent. In Ireland almost a
third of the young are unemployed. Here in America, youth unemployment is “only” 16.5 percent, which is
still terrible — but things could be worse.

And sure enough, many politicians are doing all they can to guarantee that things will, in fact, get worse.
We’ve been hearing a lot about the war on women, which is real enough. But there’s also a war on the
young, which is just as real even if it’s better disguised. And it’s doing immense harm, not just to the young, but to the nation’s future.

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