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Young people today face a three-pronged attack on their financial security—educational debt from their past, unemployment in the present, and a future plagued by the burden of massive government debt. The government is largely responsible for all three problems. We’ve found a statistically significant relationship between government expenditures and the Youth Misery Index; this is no coincidence. Each indicator can be tied to government actions. Young people must become more active; we cannot expect policy makers in Washington to fight these battles for us.

Young people today face a three-pronged attack on their financial security—educational debt from their past, unemployment in the present, and a future plagued by the burden of...

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