Government for the people- What can get the millennial’s to trust the government again and believe it’s a government for the people? For many generations, the previous generation is what the upcoming generations have been improved and built upon. However, teenagers and young adults are growing up at a different time of history than their parents or grandparents. They are not part of "the greatest generation" of Depression-fueled frugal spenders. They are not coming of age in the baby boomer "me" generation of spendthrifts that uses credit to purchase everything and anything without considering the consequences. This group of young adults is witnessing the American economy bottom out in deep recession. Generation Y watches as parents and neighbors lose their homes to foreclosure and their grandparents try to stretch Social Security to cover basic needs. Still, this group of young adults juggles bills and hopes for a money miracle. My purpose for working on this project is for my future children and my children’s children and beyond, I want to see what can be done to solve this issue so we can have a strong government again. So millennials can regain their trust in the government and truly feel it is a government of the people, by the people, for the people so our future generations can build their futures. Millennials are really fed up with the federal government intrusion in their daily lives and no longer trust the government. If the millennial generation no longer trusts the government where does that leave the future of our country for the generations leaving them with no solid foundation to build their future upon?
What are needs, interests, values, and beliefs of the Millennial’s? What Millennial’s need to know is that they can trust the government in allowing them to being able to bring their products to the free market with without them intruding because the government has something to gain or lose from it. They want to be able to live their life free of poverty by being able to get a good paying job to provide for themselves and to have the opportunity to a good education without having huge debts that put them back into poverty by the debt far out weighing the price of the education. They currently believe that our government does not trust them in making their own decisions and is controlling what decisions they can make for themselves.
What can get the millennial’s to trust the government again and believe it’s a government for the people? It is hard, considering that what I found on the current condition for millennial’s. Some of the following information maybe some of the reasons why millennial’s no longer trust the government and it is not a government for the people. Some 40% of recent college graduates have more than $10,000 in student loan debt and over 20% owe at least $5,000 on credit cards before age 25, according to a Harris Interactive study. "Generation Y is in some serious money trouble," says international empire-builder James White, a 23-year-old self-made millionaire, motivational speaker, and author of My First Million. Once known for their optimism, many millennials are turning sour about the future. According to a Rutgers study, 56 percent of recent high-school graduates feel they would not be financially more successful than their parents; only 14 percent thought they'd do better. College education doesn't seem to make a difference: 58 percent of recent graduates feel they won't do as well as the previous generation. Only 16 percent thought they'd do better. This perception builds on the growing notion among economists that the new generation must lower its expectations. Since the financial panic of 2008, "the new normal" has become conventional wisdom. Young people are disproportionately affected by the crisis, setting many up for a lifetime of struggle with debt and limited options for career advancement or any career at all. An estimated 74.5 million...
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