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Alaska covers fewer kids with public insurance vs. 2019; Judge Cannon indefinitely postpones Trump's classified docs trial; Federal initiative empowers communities with career creation; Ohio teacher salaries haven't kept pace with inflation.

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Ohio’s Young Adults Face Long Road to the Middle

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Monday, June 7, 2010   

COLUMBUS, Ohio - It's a tough economy for Ohio's future middle class, as the deep recession combines with decades of declining opportunity and security. According to a new report from Policy Matters Ohio, just as they should be getting started, young adults face high education costs, lower wages and weaker regulation of exploitative lending.

Executive director and report co-author Amy Hanauer says that in the past, the New Deal, the G.I. Bill, the Higher Education Act, and a relatively higher minimum wage were there to help young people get education and start their families.

"In contrast to the post-war era or even the era through the '70s when we really were putting a lot of on-ramps in place, we've deconstructed a lot of those on-ramps and it's a little harder for people to make it into the middle class today."

Hanauer says with the right policies, opportunities can be restored that will help Ohio's young adults build a secure future. The report's recommendations include: enacting President Obama's American Graduation Initiative, enforcing the payday lending bill passed by the Ohio legislature, and ensuring adequate state revenue though a progressive, well-funded tax system.

Hanauer says building a strong middle class is essential to Ohio's economic stability.

"We've been losing by allowing the free market to send jobs out of this country, out of this region, and we need a coherent strategy to get this state back on course, and a strong public sector is part of how you have that coherent strategy."

Hanauer says an excellent first step is the recently-passed health care bill, which helps young people stay on their parents' insurance longer and helps low-income adults afford care.

The report is at www.policymattersohio.org


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