Recent college graduates are having a harder time finding work, despite their higher education degrees, which usually give job-seekers a leg up in the labor market.
That’s according to a new report from Oxford Economics which shows that unemployed recent college grads account for 12% of an 85% rise in the national unemployment rate since mid-2023. That’s a high number, given that this cohort only makes up 5% of the total labor force.
What’s more, the rate of unemployment among workers who have recently graduated from college and are between the ages of 22 and 27, is nearing 6% —which is above the national unemployment rate of 4.2%.
I specifically called out the Consumer Financial Protection Bureau that was created from Dodd-Frank. Yes, trump tried to destroy it, and lost in 2018.
“Consumer protection bureau structure upheld in blow to Trump’s deregulation efforts” source
Do you not remember trump’s campaign pledge from 2016 of “repeal and replace Obamacare”? How many bills were introduced that went no where? So far this is just another one of those. Until something else passes, the ACA is the law of the land.
Nope, neither of the things I cited were. You’re predicting a future when they might be, and saying that its already happened. Don’t do that.
Sure, except they aren’t gone. They’re law right now as we speak.
You’ve referred to this “bandaid” several times. It sounds like you think that there is such a thing as “permanent fix” and that all voters and policy makers in the USA agree on that one thing. That is pure fantasy. Our whole system of government is designed to change over time. Some for the bad 18th Amendment, and later good changes that fix that with the 21st Amendment. If you don’t want a system that can change under the original Constitution we’d still have slavery and women wouldn’t be able to vote.
There is no such thing as permanent change in public policy in the US system of government.
We’ve already disproved this with Dodd-Frank passage and ACA. Neither of those made corporate donors happy. I’m not saying that they always vote for the base, but you’re saying they never do, and that’s just not factual.
No, I understand the limits and realities of a divided nation. This is especially true now when you and I are of the minority opinion in government.
Because just you don’t determine policy.
There’s no great answer on this. Start another party, or join Democrats and take charge of leadership there. Otherwise, you’re left with the choices that other people trying to change things put to you, as watered down as that is when it gets to the ballot box. These things are complicated. Its just not simple. A quote comes to mind:
“It has been said that democracy is the worst form of Government except for all those other forms that have been tried from time to time” - Winston Churchil
What compromise with the GOP? Not a single GOP senator voted for the ACA: source
Universal Healthcare would not have passed into law even by the democrats alone without the changes made to make it what it was. The ACA barely passed into law.
Would I like Universal Healthcare? Yes. Has the ACA done nothing for us? Absolutely not. You can’t get everything you want when you want it. That’s not life. That’s not politics where people disagree on thousands of different factors. Getting something is much better than nothing. A perfect example is Cap and Trade in 2009 drastically reducing the pollution and climate change we face today. Except some people said it didn’t do enough, so they killed it. Here we are a decade and a half later with far worse climate impacts because of those dissenter’s actions.
There is not one universal agreement on what “treating the wound” would mean. What we get are the most agreed to approaches for all representatives, not just Democrats. If you want one unifying ideology, you’ll need to go to a place like China.
My dude. You are not grasping the point I’m making.
Both ACA and Dodd-Frank will unquestionably be gone in the next 3 years. Likely before the end of this one.
Sure. They aren’t yet. But you might as well be telling me the strengths and accomplishments of Dems for their work on Roe v Wade. Because likewise, ACA and Dodd Frank won’t matter once they’re gone.
Because neither went far enough when it was critical for our society that they did.
Dodd Frank’s few wins like the Madatory Reporting system (Cat) took 15 years, and a billion of our tax dollars to implement, and Trump 5 months to propose getting rid of.
ACA was already cut down last Trump admin with Trump adding denials for pre-existing conditions back into the mix.
And all because when the Dems controlled the house, senate, and presidency - and had a clear shot at an actual solution to the growing problem of Healthcare costs - they capitulated the idea of a public option to Lieberman for no reason at all:
https://en.m.wikipedia.org/wiki/Public_health_insurance_option
Is the ACA great? Sure. Love it.
But it’s done absolutley nothing to curb the rising costs of Healthcare.
Instead, it has enflamed them by making medical insurance mandatory. This padded the bottom line of our predatory health insurance industry, and allowed them to slowly cook us for the decades to come. All so Trump could then make one change in the 2017 budget bill so insurance could then deny us coverage for existing conditions while pushing mandatory payments onto companies that could afford their needlessly rising costs.
Now Healthcare insurance CEO’s are getting shot, as the money the ACA forces companies to pay towards insurance isn’t actually going to our Healthcare - it goes towards funding AI to deny us coverage.
That’s what I mean by bandaid.
The ACA was a paper hat on problem that made it look a whole lot better, but actually just let it get worse. That hat can also be easily removed, turned upside down, and then used by the GOP to funnel salt into our countries wounds once they feel like it.
Working together with everyone else in Arizona to elect Democrat Kristen Synema didn’t determine policy either.
That’s my point.
Our “representatives” do not, in fact, have to represent the will of the people that elected them. There is zero mechanisms forcing a Democrat to act like one, and millions of dollars in corporate fundraising incentives to act otherwise.
But instead of acknowledging this reality and pushing for their accountability, I should run for their office instead?
I’m ALL for a new political party. And I 💯% agree that me and others would make a hell of a difference in office as Democrats or otherwise. I completely agree with you there.
What I don’t agree with, is that fixing the Democratic party is my responsibility.
My responsibly is to fix America. Not the political party that always fails to stop the GOP from breaking it.
I’ve been voting Dem for decades, and all I’ve heard from them is that my fears about the future were unwarranted, despite us now all living in them.
Just as you are telling me now not to worry about the ACA and Dodd Frank. They will disappear, just like everything else the Dems have accomplished in my adult lifetime. Not because the GOP undid it, but because DEMS didn’t work hard enough to make sure it couldn’t be undone.
If you want me and others to help the Democratic party, you should acknowledge why that help is needed.