So we're bailing out Wall Street bankers, why? Trickle-down DOES NOT WORK!
Portion below; whole thing here: http://www.nytimes.com/2008/11/09/us/09young.html?hp
Among those ages 16 to 19, access to part-time jobs, full-time jobs and summer jobs had already declined through this decade, and by last month only 31.4 percent had held some sort of employment. In the year ahead, Professor Sum predicted, “The teens will be thrown out of the labor market at record levels,” often causing hardship for poor families and causing youths to miss experience that, studies show, will gain them better jobs in the future.
Like Mr. Shaw, Kyuana Everett, 21, earned her high school degree at the YouthBuild charter school here, which helps dropouts complete high school and seeks to prepare them for a trade or higher education.
“I’ve tried for everything, retail sales, office work, but the employers all say they have too many staff and they’re not hiring now,” Ms. Everett said. “McDonald’s was the only place that would take me, but only part-time,” for $7.25 an hour.
Ms. Everett cannot afford to rent even a room, and stays secretly with her grandmother in a home for the elderly. She hopes to get a scholarship to a technical college for training as an electrician.
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