Young Americans concerned about China, national debt

Source : IBNS
Last Updated: Mon, Oct 22, 2012 13:56 hrs

Washington, Oct 22 (IBNS) Generation Opportunity, the largest non-profit, non-partisan organization in the United States engaging and mobilizing young Americans (ages 18-29) on the important economic issues facing the nation, released new polling data on Monday as the 2012 American presidential election nears.

Presidential candidates Barack Obama and Mitt Romney will participate in the third and final Presidential Debate on Oct 22, focusing on foreign policy and national security issues.

"Young American adults are very concerned about the United States´ ability to maintain its role as a global leader in the future if it continues on the same path as the last several years," said Paul T. Conway, President of Generation Opportunity and former Chief of Staff of the United States Department of Labor under Secretary Elaine L. Chao.

"They believe certain policies advocated in Washington, D.C. have weakened America´s national security, especially policies that increase the national debt, decrease American energy production, expand American reliance on foreign energy sources, and escalate America´s indebtedness to foreign powers.

"They view China as both an economic and military threat to the United States, and they closely watch China´s economic policies, military buildup, space exploration, and restrictions on Internet and speech freedoms," said Conway.

"Young Americans refuse to settle for an American future defined by chronic joblessness, increased national debt, and a diminished role on the world stage."

"They believe President Obama should lower taxes and regulations on American businesses so that they compete effectively and to avoid American jobs from going overseas to countries like China.

"They overwhelmingly agree that current policies are taking us backward, not forward, and plan to make their voices heard in the upcoming presidential election," Conway said.

Since its launch in June of 2011, Generation Opportunity has amassed a following of over four million people on Facebook and is actively organizing young adults across America through grassroots tactics, voter registration, and voter turnout efforts.

Conway also served as an agency Chief of Staff at the United States Department of Homeland Security (DHS) and as the Chief of Staff of the United States Office of Personnel Management (OPM), the agency responsible for the American civil service.

While at OPM, Conway was involved in the legislative efforts to establish the Department of Homeland Security.

He is a past participant in the Senior Executives in National and International Security program at the John F. Kennedy School of Government at Harvard University.

For Generation Opportunity, the polling company, inc./WomanTrend conducted a nationwide online survey of 1,003 American adults ages 18-29 between July 27 and July 31.

Randomly selected online opt-in panel participants were sent an invitation to the survey via email which included a secure link to the online questionnaire.

Quotas were used to ensure the survey was representative of the larger 18-29 year old nationwide population with regard to race, region, and gender.

The data were not weighted. The overall sampling margin of error for the survey is +/-3.1% at a 95% confidence interval, meaning that the data obtained would not differ more than 3.1 percentage points in 95 out of 100 similar samples obtained.


55% of young Americans are not confident that America will still be a global leader in five years if the USA continues along the same path as the last few years.

Only 36% of young Americans agree with the statement "generally speaking, things in the United States are heading in the right direction."


When asked to rank the greatest threats to the national security of the United States, young Americans listed the following reasons: (Randomized List) (Accepted Multiple Responses)

59% - The national debt;

46% - Energy dependence;

43% - Indebtedness to foreign nations;

40% - Terrorism;

33% - Nuclear capable nations like Iran;

3% - Other;

7% - Do not know/cannot judge (accepted only this response).

62% of young Americans would increase production of domestic American energy sources like oil, natural gas, and coal if given the opportunity to set America´s fiscal priorities.


71% of young Americans are concerned that so many American jobs are going to foreign competitors like China.

72% of young Americans agree that with more and more companies leaving the USA in favor of locating their business in places like China and even Canada, President Obama should lower the taxes on American businesses to restore and expand jobs in America.

When asked why they thought American jobs are going to foreign competitors like China, young Americans indicated the following reasons: (Randomized List) (Accepted Multiple Responses)

69% - Cheaper wages overseas;

41% - High taxes on businesses in the U.S.;

30% - Too much regulation on businesses in the U.S.;

28% - Lack of opportunities to start and grow businesses in the U.S.;

2% - I do not think U.S. jobs are going overseas;

6% - Do not know/cannot judge (accepted only this response).

76% of Millennials view China as a danger: 48% as an economic threat and 28% as both an economic and military threat (the polling company, inc./WomanTrend, April 16 - 22, 2011, +/- 4 percent margin of error).

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