Unless reforms are made, our underdeveloped youth will reap the consequences of the current generation's moral hazards. First, they will be less productive because they will not have the skills necessary to thrive in an age of increasing technology. Additionally, heavy taxes will be imposed to pay for entitlements and the cost of running the government. Finally, because of swelling debt, the government will become increasingly dependent on issuing treasuries offering higher yields to attract investors. Because the rates offered by treasuries serve as the benchmark for borrowing rates, increased yields will mean higher interest for luxuries citizens enjoy, such as credit cards.
People today grow up lacking concerned community leaders, teachers, and parents.
A study done by the Colorado Springs Assets for Youth concluded that possessing fewer assets directly relates to risky behavior including drug usage, alcohol and violence. Society has forgotten that today's youth are expected to be the leaders of tomorrow. If we continue to muffle the voices of the young, the country will no longer thrive economically. In past decades, the use of marijuana got teens into trouble. Many think that kids' preference to isolate themselves leads to violent attitudes.