Since most teens can no longer find work in this job market I think
teach needs a new solution.

.

On Thu, Jun 30, 2011 at 2:33 PM, PT <[email protected]> wrote:
>
> My Economics professor hypothesizes that teenagers and young adults will
> be a driving force helping to prop the economy up long enough for a
> positive change.
>
> He rejects hypotheses that the econmoy is recovering too slowly to
> create jobs and the rise in gas prices has chipped away at disposable
> income causing spending to be further reduced.
>
> He claims that teens and young adults will continue to spend as normal
> since they are more apt to be concerned with today and do not look to
> tomorrow.
>
> I do not think he is correct.  Young adults *might* be prone to this
> behavior, but teens are often still reliant on their parents' income for
> much of their spending.  The ones who live paycheck to paycheck and
> spend it all every month are reckless enough with their money that it is
> not believable that they will make any positive impact on the economy
> long enough to matter, especially since they are doing nothing to
> increase their financial worth and purchasing power.
>
> Opinions?  Especially from those with older childr

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