From a Bloomberg News article:
The share of employed 18-to 24-year-olds was 54 percent, the lowest since the government began collecting data in 1948, according to a separate report from Pew released last month.
Hey, if ObamaCare means you can stay on your parents' health insurance until you turn 26, why get a job?
Likewise, so long as you don't have to start paying back your federally subsidized student loan so long as you stay in school, why not take as long as possible to finish college or graduate school?
Doubtless, some of these young people would like jobs but can't find them because of economic conditions, and some of them are studying hard in college or graduate school and trying to finish as quickly as they can. But doubtless, too, incentives matter, and so do unintended consequences.
