A lot has been made recently of the "Pajama Boy" advertisements released by Obama's former campaign arm, “Organizing for Action”. Upon viewing the image I immediately mocked it and made fun of it. However, upon further reflection I soon realized that young people are quite literally living in a "pajama economy." We are experiencing hard economic realities where the new norm is sitting at home with our parents drinking hot chocolate and wearing pajamas well into the afternoon. Job prospects are so bad for recent graduates, and for young people in general, that we can aptly coin the term “Pajama Economy” to describe the macroeconomic climate.
Perhaps the great irony of our evolution (or devolution) to a "Pajama Economy" is the fact that most Millennials voted and campaigned for the very policies creating the present economic problems. It is widely known that young people campaigned aggressively to advance the big government doctrine and agenda in both 2008 and 2012. Ironically, the very same people that were blinded by the Obama machine in both major elections are now paying the price for big government through higher health premiums, loss of job opportunities, and crippling student loan debt.
I like to label it as the "boomerang" affect. Younger voters wholeheartedly supported President Obama because they believed they would see greater access to healthcare, increase job opportunities, and lower college tuition rates. Now young people are seeing the "boomerang" come back full speed and hitting them in the face. Millennials now have to pay for the very same big government policies they voted for. Never before in modern political history has a segment of the population been so negatively impacted by its own vote so quickly.
This past year has seen a true "awakening" for the youth of America. Almost a year ago today young Americans had an overwhelmingly positive view of President Obama and his policies. They painstakingly worked to get him a second term in office. Fast-forward to today and a majority of young Americans now want to recall President Obama from office! What happened? What caused such a sudden turnaround in the opinions of our nation's youth? Quite frankly, young people are beginning to wake up from the government-induced coma they have been in for the past 5 years. And most importantly, younger Americans are realizing they have to pay for the policies from which they thought they could only benefit.