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’m aware of everything you mentioned. Here’s the point I’m making:
Dodd-Frank had it’s teeth removed in 2018 with Trump’s Economic Growth, Regulatory Relief, and Consumer Protection Act.
Here’s the most recent Bill introduced to Congress for Repealing the ACA.
Both of those are now torn off bandaids too. Despite the decades of Democratic effort to put them in place.
With them gone, the problems of overpriced Healthcare and a corporate captured banking system are immediately a problem again. All because neither were designed to fix these issues to begin with. Just bandaid them up until the GOP could enevitably tear them off.
There’s quite a lot of policies the Dems have passed that make it look like they made progress. But all of it is temporary, non systemic changes that are simple to undo. So over decades, all their efforts are easily and eventually undone.
Their polices, at best, work on the small scale because Democratic leadership on the large scale doesn’t reflect their voting base. They reflect their corporate donors.
7 didn’t want to raise Federal minimum wage for the first time in 2 decades? Kinda sounds like 7 Dems just voted like Republicans for no good reason to me. Which happens a lot. (Fetterman).
You’re okay with that for some reason. I’m not. I’d be pretty pissed that my only option for raising the federal minimum wage is to vote for a political party that turns around and votes in line with their opposition. The GOP having the majority does not absolve them of this behavior. If my vote matters, why didn’t it here? I voted for Sinema, so what should I have done differently to raise the federal minimum wage?
Kinda fucked there’s literally no path forward to do that because my vote isn’t as important as having enough Dems on the team. An amount that I can’t control with my single vote, and doesn’t even work well when it’s reached.
ACA could have had a universal Healthcare option. You know, an actual systemic fix to the massive problem with Healthcare costs? But It didn’t because once we had enough Dems to do that, they just chose to compromise with the GOP instead.
Because even with enough Dems, the policies they pass have to be bandaids. Their donors push them to build a solution out of paper, they sell it to you as brick, all so you’ll blame the GOP once they easily blow it down instead of ask why in the fuck was it so easy to blow down to begin with.
How about the Dems stop making paper policies? How about they treat the wound instead of applying another bandaid, and spending millions convincing you it won’t be torn off.
Show me a single policy of theirs from the last 20 years that hasn’t been made of tissue the GOP has now sneezed in.
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.