Seems those who supported Barack Obama with the greatest enthusiasm — and the highest percentage of their votes — are those who suffer the most under his policies. Nearly three years after Obama became president, including two years with overwhelming Democratic majorities in both houses of Congress, the “wealth gap,” according to the AP, “between young and old is widest ever”:
The wealth gap between younger and older Americans has stretched to the widest on record, worsened by a prolonged economic downturn that has wiped out job opportunities for young adults and saddled them with housing and college debt.
The typical U.S. household headed by a person age 65 or older has a net worth 47 times greater than a household headed by someone under 35, according to an analysis of census data released Monday.
Despite all this, “younger voters still backing the president by much greater margins than older generations.” Well, guess their lack of experience in the world causes hope to trump. That said, reports Mark Blumenthal at the Huffington Post, the “political enthusiasm and engagement that younger voters demonstrated four years ago is ‘substantially depleted.’”
Maybe now that young voters realize Obam policies aren’t creating more opportunities, they may switch their allegiance. Or maybe not. Does seem a lot of the Democratic appeal has little to do with the party’s record — or its policies — but its image. More on that anon. Much more.
Still the waning enthusiasm doesn’t bode well for the Democrat’s reelection prospects.