Here's The Clearest Proof Yet That Young People Are Getting Screwed In This Economy

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...Only those Age 65 or older
did not see decreases in the percentage share of employed in the change
from November 2006 to November 2011,
which is interesting because that age cohort mainly covers the so-called "Silent Generation" -
the generation that immediately preceded the Baby Boomers.
chart
...Second chart shows the difference between
November 2006 and
November 2011's
employment to population ratio
for each age grouping:
(Business Insider) The next most affected in the U.S. job market are those between Age 30 and Age 55, which includes roughly half of the Baby Boom generation. These individuals have primarily been hurt by the loss of jobs during the recession, with many of these jobs being lost from the Manufacturing and Trade and Transportation sectors of the U.S. economy during the large-scale automotive industry failures of late 2008 and early 2009. But the age groups that have been the least affected are those over the age of 55. Here, the older half of the Baby Boom generation has seen little impact on their overall employment representation within their generation, while the older Silent Generation, which includes those over Age 65 in 2011, has actually seen their percentage of employed members in the U.S. workforce increase. Clearly, something has caused employers to strongly favor these individuals over all younger individuals in the five years from November 2006 to November 2011... When that kind of distortion exists, you can almost bank money that a perverse incentive for employers is at work - one where there are real world rewards and penalties driving the decisions for a very large number of employers. And because it would seem that a very large number of employers would appear to have acted the same way, you can almost be certain that the federal government is ultimately behind the observed distortion, which in this case, would seem to involve some very pronounced age discrimination... We find then that the young are indeed being discriminated against in the U.S. job market and that the federal government is indeed behind the perverse incentives promoting this kind of age discrimination, as the members of the Silent Generation and the older Baby Boomers are indeed being strongly favored by U.S. employers, most likely because of the economic distortions it is creating within the U.S. job market through its Medicare health insurance program. The only problem for the younger workers being hurt in this situation is that because it is the federal government that has created the incentive to discriminate against them, only it can act to end the bias that it has succeeded in institutionalizing. Unfortunately for us all, the leaders of that government currently have no intention of ending this kind of age-based job discrimination anytime soon! (MORE)

...Of course the LIBERAL response will be Universal Healthcare, but socialism suffers from prejudices against the young who would be perceived as less worthy... not to mention there would be poor quality healthcare to begin with. The only fair system would be to deny free healthcare to everyone and let a competitive market keep rates down.

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