Posts Tagged ‘Living with Parents’
August 28th, 2013 at 5:07 pm
The Obama Bad Dream: More and More Adult Americans Living with Parents
Posted by Print

Courtesy of the U.S. Census Bureau, we have yet another statistic to negatively distinguish Barack Obama and give form to his emerging legacy.  Yesterday, it reported that the percentage of adults aged 25 to 34 living with their parents rose again despite the economic “recovery” now into its fifth year.  In 2012, 13.6% of Americans in that age range lived with their parents, which was up from 13.4% in 2011.  That compares with approximately 10% throughout most of the previous decade.  So just as 2 million fewer Americans are working today than when the recession ended five months into Obama’s tenure in June 2009, more and more young adults consider it necessary to move in with Mom and Dad.  Not exactly the change for which young voters hoped in 2008.