Editor,
It has become increasingly clear that the economy is stagnant.
The White House has ceaselessly broken its promises. We were promised recovery and now we are in fear of a double-dip recession. The AAA credit rating has vanished.
This has affected students and recent graduates as much as anyone.
In a July 1 editorial, the Wall Street Journal reported “only 24 percent of teens, one in four, have jobs, compared to 42 percent as recently as the summer of 2001.”
With UNM tuition on the rise, the situation is more difficult for people who can’t find jobs.
Recent graduates are facing a dire economic climate, and have an even harder time finding employment than those still in school.
Starting a career after graduation has become an illusion, a thing of the past. Students who graduate this year will not only fight their peers over the limited supply of jobs, but they will also be fighting their own parents.
Unemployment is still above 9 percent. The lack of growth in the private sector is tragic and debilitating to every student at UNM.
This administration and the Democrats propose to increase taxes on the so-called rich and raise the national minimum wage. While this pandering may be appealing to the undiscerning ear, it is a formula for economic failure and high unemployment.
The students who are willing to take jobs at lower wages will find themselves in an endless hunt. Employers who are already struggling with their payrolls will pay more taxes on one end and struggle to pay the increased wages on the other. People will be laid off and businesses will fail.
Instead of trying to create class warfare going into the 2012 elections, the White House needs to focus on balancing the budget, slashing the debt, defining the mission in Libya and creating a favorable business environment.
So far the White House has failed on all counts.
Get content from The Daily Lobo delivered to your inbox
It is a real shame that there is not a greater conservative presence at UNM. The College Republicans is actively recruiting new members.
It is easy to join: Just send a quick email to crepubs@unm.edu. If anyone expects to have a job after they graduate, then it is clear there needs to be a new direction. It is equally clear that the change of direction is not going to come from the Democrats.
The specious rhetoric from the left has grown tired; it is time for a loud voice from the young Americans on the right. The situation is urgent, the circumstances ominous and the need for help is paramount.
Mark Kunzman
President, UNM College Republicans
