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Friday, August 5, 2011

Rep. Charles Rangel: Investing in Our Youths

Rep. Charles Rangel: Investing in Our Youths

Now that we have managed to avert a catastrophic financial disaster and the $14.3 trillion debt ceiling has been raised, we have to concentrate on the untold crisis of youth unemployment. While the nation gained over 117,000 jobs in the past month, teenage unemployment rate is at a historic high of 25%. Mayor Michael Bloomberg has recently taken the lead to make sure that we do not lose our talented youth to the hopelessness of unemployment. It's time to devote the same amount of energy we spent on raising the debt ceiling into investing in our youths to help America get back to work and become more competitive.

America can't succeed in the future when our children, especially minority youths, aren't given the tools and the chances necessary to thrive in today's global economy. Young people have been hit hardest in the current financial downturn and