So I have a confession to make. Until I was 27, I lived with my parents. Sure it was awkward, but let me put it this way: it was cheap. Unfortunately, when I moved to Chicago, I couldn’t convince them to totally uproot their lives and come pay for my meals and board in a brand new city. Which is fine. Because it meant there could be more drinking.
Thankfully, I’ve never been forced to move back in with my parents, take up a spot on the bunk bed and start getting yelled at for failing to clean my bathroom of leaving the coffee on all day, though they’d probably be pretty happy. But apparently, that makes me one of the lucky ones. According to a report released today by Pew Research, most Americans believe the young have been hardest hit by the Obama economic failures, nearly one quarter young adults aged 18-34 have been forced to move back in with their parents.
For some, tough economic times have had an impact on their personal life as well. Roughly a quarter of adults ages 18 to 34 (24%) say that, due to economic conditions, they have moved back in with their parents in recent years after living on their own. Among those ages 25 to 29, the share moving back home rises to 34%. Most adults under age 25 are enrolled in school at least part time (46% are full-time students). By age 25, the majority are out of school, but jobs and housing can be hard to come by, and many “boomerang” back home.
The lesson here, of course, is that you should never tell your parents that you hate living with them, because you’ll probably end up back there, eating your words and helping to chop beans with a dull knife.
Maybe its time for Obama to raise the minimum wage again. That will drive the kids back home for sure.
[...] Ross @ Journal Had Democrats known their wanton destruction of the economy would bring so many families together, it’s likely they would’ve toned down the reckless deficit spending and regulations a [...]