back to millennials. some say that they cite winston churchill when they start voting with their pocketbooks they will come around if they are not a liberal when they are 20 there not a hard to they're not a conservative by 40 they don't have the brain. this would be great if it were true but it ignores our best history that was set by ronald reagan. he brought an entire generation of youth into the republican party as the reagan revolution he won it decisively by 20 points in 1984 it is not true republicans or that use will not vote for republicans. and even the very first millennials when they came to the polls, those first-ever eligible split the ticket evenly between alcor and george bush. i think it is fair to say because the youth don't have as much experience as older generations the political views are formed as much of the failures they have known as by any vision is caused by a particular politician. reagan was aided by the failures of the carter administration but could communicate conservatism

so who are the millennials? there are basically three things you need to know about millennials that are a little counterintuitive for republicans and conservatives. the first is that they have a positive view of government. i'm going the read a statement -- to read a statement. think about how you would answer this, agree or disagree. when something is run by the government, it is usually managed inefficiently and wastefully. [laughter] >> [inaudible] [laughter] >> only 42% of millennials agree with that statement. so said differently, 58% of them think that the government is good at running things. okay. so that's what we're working with. [laughter] you know, this is not to say that they think government should grow. it's not to say that they should take -- that they believe government should have, you know, a greater role in the lives of individuals. they just don't think it's evil. they think it should work. so, unfortunately, reagan's government is the problem line isn't going to resonate with this generati

who are the millennials?they're basically three things you need to know about millennials that is counter intuitive. first, they have a positive view of government. i will read the statement and think how you would answer this. agree or disagree? when something is run by the government is usually managed inefficiently and wastefully. [laughter] only 42% agree with that statement. a 50% thinkpad government is good at running things. okay. that is what we're working with. this is not to say they don't think government should crowhop or should have a greater role in the lives of individuals but do not think it is evil and it should work. unfortunately eight reagan's government is the problem line will not resonate with this generation. incidentally, while millennials have a good view of reagan to the extent they are aware of him and the reagan foundation has done an incredible job to promote him they do not have the same visceral their reaction when the republican party and volkswagen the way people like my pare

i read the millennials to have to move, and stay with their families. good news for the site and both parents and their adult children have at times said that they've grown closer, they appreciated spending time together. but it's been a pretty complex relationship to say the least. you know, psychological research shows that while parents are more than willing to give financial support to struggling adult children, they actually prefer to spend their time with children who are already succeeding perhaps because it flatters the parents more. when we look -- when we look at japan, which is a very interesting case, 20 some things began to live at home quite a lot more than they used to beginning in the late 80's and early 90's. just before japan's to decade-long slump began. and at first, people were doing that by choice. they were doing it because they have artistic ambitions frequently, they were rejecting the kind of salary lifestyle that characterized their parents come and in many ways -- i mean, there was a lot of criticism at the time but they were

the millennial generation -- here's another data point about them.hey are the most diverse generation in american history. they are 40% nonwhite, 20% have at least one immigrant parent. it's the promise of america and of american individualism is everyone will have an equal opportunity to rise above the circumstance is of their birth based on their own talents that they will have a good education in order to do that. that is something we decided a long time ago, that the government will provide a good education, but that 30% of millennialist aren't graduating from high school and the majority of the 30% are disproportionately black and hispanic. 50 years after brown versus board of education that is basically still a segregated school system based on cassette coats and hats and coats. wealthy zip codes in the last -- the pores of those. this offends the sensibilities of this generation and you know it because they are the ones who have flocked to the charter school movement. .. >> the real reforms happening in education are happying in states with re

let me focus on how millennials are changing. one of the most important changes from this period we will continue to see. when i began reporting for the magazine story that led to "pinched" i expected young people to bear the latest cars from this recession. they are younger on the labour market but don't have a lot of personal responsibilities so a few bad years are a few bad years. .. >> according to good research by the yale economist, lisa kahn, 10, 20, 30 years later they have not caught up to where they would have been if they came out in more bountiful times. they get stuck in low prestige jobs and professions, um, and they cling more tightly to their jobs. they don't switch jobs as often which is really how one increases earnings, lahrly early in -- particularly early in the one's career. about two-thirds of lifetime growth usually occurs in the first ten years of a career. so this recession stretches, you know, three, four more years, a lot of people are losing that opportunity and acquiring a stigma of underachievement

did you listen to that, millennial? you're listening. i have a millennial in the studio.ben is a columnist and cnn contributor and he joins me now from san diego. so all of the youngsters in the studio listen. your column on cnn.com provoked hundreds of comments. you seemed to touch a nerve, didn't you? >> right. yeah, don, this has really been a powerful column. i think that the response has really ranged across the board. people saying hey, this isn't about me. i'm motivated, i've got a job, an internship. i know what i want to do. but they always point to their other people and cohorts that sort of fit the bill. the one group i always hear from when i write about this generation are employers. employers know better than anybody. there are employers out there who manage and hire these young people and they're scratching their heads. they've never seen anything like this bunch. this is a bunch of folks who are really entitled, who think they're special, who want the corner office, a path to the vice presidency, they don't believe, brother, in working weekends. you and i

frankly it reaches out to millennials and independents.a governing coalition without -- >> i have the hate mail from social conservatives. >> you, too. >> i've been there. how do you change their minds? i've seen it. seen it in my in-box. it's scary. >> you are also getting a motivated part ever base. yes, i think it's possible. look at dick cheney to the left of barack obama on this issue. by the way, ken, former rnc chair. republicans made it happen in new york. not just republican votes on the senate floor. behind the scenes and republican money. there is absolutely a shift going on and time to did a -- >> there is no congressmen who are pro-choice and fiscally conservative. >> you think -- >> i would argue -- i have yet to find a fiscally conservative congressman who's fiscally conservative. >> ron paul. >> well done. >> i think -- playing a trivia game. a pleasure. a good conversation. thank you all. imogene, always a pleasure, tim thank you and congratulations on the book. i believe that you're starting a conversation that needs to b

they will continue to do so into the millennial generation. but it also -- the fact is that it seems to me in looking back that the goals of the parties should be more likely not to produce majorities which do not really exist but enduring public policies. sometimes you can do that with a majority that is renewed periodically for a fairly lengthy period. social security is one example of that -- we have been threatened by republicans but has become a permanent feature. sometimes you can't do it off of one election victory. that has been an enduring public policy achievement. so i think as we look ahead, one of the things the 2012 election will tell us is whether or not the policies of the old, democrats will endure for will be ones that end up being the repeal or reversed in some significant way. that is a major issue before the public. with an american having given us examples of republican majorities in 2000 gulf war, 2008, 2000 mini outcomes are possible. >> thank you very much [applause] on behalf of the debate project would like to thank

on the other hand, as ruy points out, the millennial generation has come in. people born since 1978 or 1980. have come in as a more democratic or less republican group than the older age group. that projection did not pan out as i thought. i do think that some of the trends that we are seeing may come to an end. projections of the racial composition of american population tend to be based on the idea that the near future will resemble the recent decades of the past. but i think it's entirely possible that we are seeing a -- we certainly have seen during the recession period an end of hispanic migration. the mexican government issued a report last week saying that the net out migration from mexico to the united states in the previous year that they measured was zero. that's a lot different from the numbers that we have been seeing which have been of the magnitude of 500,000 to 800,000 a year. whether that's going to come back, we don't know. my own view is that looking back at migrations and immigrations in american history, people have predicted neither their

and i do think maybe, you know, younger people, gen-x, gen-y, millennials don't have the same attachmenthomeownership as their parents who were the children of depression-era people did. it used to be the dream that you own a home and that's how you build wealth. sometimes you lose wealth by owning a home. >> what would it take to turn that around and change their perspective and mind as well? >> i don't know. it's not always the best thing for people to own a home is the reality. i think that there is something to be said for people no longer blindly thinking that just get a home at any cost and it's always going to go up in value. on the other hand, there some are fundamentals now that you would think would be supporting homeownership. interest rates are incredibly low. they are hovering around 4.25%. and homes now are more affordable than they've been because of this free-fall. and, yet, people are not really buying that much. you know, again, i think they are scared or they don't have the jobs, the credit or down payment. so, yeah, we could be shifting. again, i've said many times in

will the millennial stay liberal? i think on social issues, the concept is that as they get older and they are more likely to be married that they will throw gay marriage over the side is ludicrous. i do not think that will happen. this is an indelible change in american politics. these issues are going to go away pretty rapidly over time because of the change in the electorate. they will not change as they get older. this will drive this issue out of politics. i think we will see it in this decade. there will be local fights in some states. >> the boomers are the first generation where the college people have been more democratic than the gi generation. the noncallable boomers have been more republican than gi generation. the non-college folk. >> that sounds right. that sounds about right. >> the other question, while democrats not lose ground if they did not get more people out there defending their president? the only president that is defending his policies? >> is a question about what obama should do it? >> his s

i worry that the longer this period goes on, the more you're going to see the millennial generation shaped in really unfortunate ways. >> chrystia has a question. >> first of all, thank you for writing this book. i found it very depressing, but very important. i have two questions for you. the first is, if unemployment is such a generational, historic blight, why isn't it at the center of the dao el bait in the united states? and is it already too late to do anything about it? a deal has been done on spending. i mean, are there any bullets left? >> those are great questions. you know, it should be at the center of our politics right now. i think one reason it isn't is that this recession has affected different people in very different ways. what we have seen is for people with professional degrees, for people with good educational backgrounds, for the top of society, the meritocrattic el e elite, it hasn't been so bad. so i think there's a tendency among the most influential people, including those in washington, not to see and not to worry about the struggles that many everyday americans

michael mentioned the millennial in theluctuate proclivities. we have seen their party idea advantage decline from 27 to about 13. it will go back up as the political situation changes. if it is around 20 points, that is a significant move on the scales. we will see that until about 2018. moreover, like the baby boom generation that i have seen so far, we have not seen a switching loyalties among older and younger members of this generation. they all seem to be very solid. how many ministers have? one minute? michael points out that 2010 was a different election. if you look at some of the demographic trends, if you look at some of the geographical variations in the vote, republicans overall decried a little bit better in 2010 than they did in 2008. we cite impression of democratic margins. -- we saw a compression of democratic margins. we saw more older voters turning out leading conservative at this point. that is part of the reason that they did better. the economy underlies that. but ask yourself this question. if you had to take a bet on wh

the millennials, the 30 and unders made all the difference in barack obama's re-election and they areply disappointed by him. what are you going to do to reach out to this group who could be as much as 24% of the electorate? >> bill: that's a good question, too. what are you going to do to get the youngsters to vote for you because i think you are boring? i think you have to throw that last question out. you know, look, i'm a provocateur in my questioning as you all know. that's why -- >> -- you? no. >> provocateur? >> that's why i'm not moderating the debate because i throw in because i think you are boring. [ laughter ] >> a pinhead you might say. >> or a pinhead. exactly. that's why i am here in new york and they're running up a big tab in iowa. i like the question because i think the republican party creeds the young vote and the black vote, too. they don't even try for it. hispanics is going to be well contested this time around. >> i hope you are right. >> bill: all right. so second question in the cultural realm. >> traditional family values appear to have eroded over the last

i spend a lot of time among the millennial generation and the people behind them talking to them about how they were changing how they felt their life prospects are changing, their political pleas for changing and so on. so overall, it's kind of an attempt to assess how this. very broadly is changing the places we live, the work we do, family ties. our politics and for some of us, even who we are. so that is kind of put the books that got to do. in addition and importantly, it sets out to begin to make recommendations about how we can recover faster and stay in the u.s. economy up more strongly for the future. so that's a lot of things and i can't talk about all of them tonight. we can't have her and q&a. what i'd like to do is try and distill things to remain messages from the book with a few illustrations and then we will just take some questions. so kind to three messages from the boat. one is that periods like this one, slumps that are deep and long to have enduring consequences. we think about recessions is temporary. jobs go away, go back a period deeper sessions to leave society

brings extraordinary perspective particularly on the work she has done the last couple years on the millennial generation which is her best recent work. w e t a. also brings ken burns and washington every friday night. >> paula kerger, thank you for bringing yourself and pbs here. she deserves some applause also. [applause] >> the plan of action. we started early. around 9:15 we may be concluding. we want to make this interactive. someone put these legal pads on the desk in case you are taking depositions today and they will bring the blue book out later. we want to walk around the audience and if you have questions we won't necessarily wait until the end. i will be in the shadows watching for you. leonora -- i want to cancel the panelists with excellent questions. we really want a conversation and we're looking to living room. feel free to interrupt, agree or disagree, expand, raise our ratings in any way you can. >> that is what we do on newshour every night. >> people in the wrong room, tell us what he touches is and take it away. [talking over each other] >> this is what happens when you a

i spend a lot of time among the millennial generation and the people behind them talking to them about how they were changing how they felt their life prospects are changing, their political pleas for changing and so on. so overall, it's kind of an attempt to assess how this. very broadly is changing the places we live, the work we do, family ties. our politics and for some of us, even who we are. so that is kind of put the books that got to do. in addition and importantly, it sets out to begin to make recommendations about how we can recover faster and stay in the u.s. economy up more strongly for the future. so that's a lot of things and i can't talk about all of them tonight. we can't have her and q&a. what i'd like to do is try and distill things to remain messages from the book with a few illustrations and then we will just take some questions. so kind to three messages from the boat. one is that periods like this one, slumps that are deep and long to have enduring consequences. we think about recessions is temporary. jobs go away, go back a period deeper sessions to leave society

the millennials, they tend to be more open to the girl paying, especially if she asks or going dutch.can afford and what you're comfortable with. >> and one other question for, you know, those of us who are beyond the dating stage but still like to have date nights and might be going through a tough time. >> well, you know, again on this one i think no one wants someone that they care about to go into debt spending money on them dating. >> okay. mellody hobson, thanks very much. you have a lot more tips on our website. we'll be right back. >> federal law prohibits privately owned jet skis because it lies within the gulf of the sanctuary. a photographer on a jet ski illegally rescued the surfer there in january. supports say it is an safety net for surfers at maverick. let's see if your traffic is moving swimmingly this morning. >> not so much if you are on 8980. a couple of issues, first -- first southbound earlier mother -- slow traffic remains. 880 southbound fremont boulevard earlier accident cleared out. debris is slowing things westbound 237, lanes ed with an accident also eastbo

she brings an extraordinary perspectives from the work she's done the past couple years on the millennialshich i think is some of her best and most recent work. but also the news weta brings to the national audience and also gwein ifill. >> weekend thinking enough for bringing yourself and pbs. she deserves some applause also. [applause] now the plan of action is we start a little early ander out 915 or so we may be concluding. we want to make this interactive in case you are taking any depositions today will be bringing the blue books out a little later but we want to at some point just walk around the audience and if you have some questions we won't necessarily wait until the end for them. seek recognition and i will be in the shadows watching for you. leonora -- and i want to counsel the panelists, we are going to ask excellent questions but we want to conversation here as if we are looking on to a living room. feel free to interrupt, agree, disagree, expand, throw chairs, raise our ratings in any way you can. [laughter] with that, leonora valvo -- >> like we do on the news hour. [laugh

when the recession began, in light of millennial's quite understandably didn't really realize what was happening to them. then he moved back in with their parents after graduation. many had to do that. .. >> job tenure among millenials spiked for more than it has than for older workers. in a recent survey it asked if they wanted to switch employers, and an overwhelming majority said they wanted to stay with the same employer for their careers. more than that, you know, millenials are beginning to feel -- well, not beginning to feel, but they are seeing their entire lives really put on hold. you know, i spoke to a young attorney in dc who had graduated from law school in 2009 and could not find a job. he finally found a job with the federal government not making use of his law degree, and he was worried he would never be able to use it. he was living in efficiency with a roommate. his parents were a machinist and a secretary and said by the time by dad was 23 years old, he had a house, wife, kids. these things have been pushed back so far for me, you know, i can't even see them, and tha