The latest Reason-Rupe survey validates these ongoing findings.
Concerning political views:
- Young adults have supported Democrat political candidates since 2004. But, 33% of millennials self-identify as independents. That's 300% greater than the number of Americans aged 30+ years who do so.
- 28% of millennials trust neither major polticial party to handle the nation's issues.
- 50% do not trust either party to handle privacy issues.
- Only 16% of those surveyed accurately defined socialism, but 42% prefer socialism to capitalism.
Concerning government services:
- 54% favor "larger government with more services." 43% favor "smaller government with fewer services." But, introduce higher tax rates into the mix and attitudes change: 57% favor smaller government.
- When parents are paying the millennials' health insurance bill, 57% favor increasing health insurance premiums to provide the uninsured with health coverage. But, when millennials pay for their own health insurance, 59% oppose paying more in premiums, with only 39% favoring providing the uninsured with health coverage.
- For the millennials who make < $20k annually, 53% support income redistribution, while 39% oppose it. But among those making $40k+, only 42% support income redistribution while 54% oppose it.
- 60% want to live in a society that distributes wealth based on achievement, even if this leads to unequal outcomes.
Concerning support for government action:
- 7 of 10 millennials support government guarantees for housing, health insurance, and income. Yet, 64% support a free market with only 32% preferring a state-managed economy.
- Millennials have a positive view of both competition (70%) and profit (64%). 50%+ would like to start a business.
- In 2009, 42% of millennials believed that government was inefficient and wasteful. In 2014, 66% believe that.
- 63% believe said that regulators favor special interests over the public.
There's even more evidence that millennials are far more economically conservative: Millennials believe in personal responsibility and other free-market values. They explain that success results from hard work, ambition, and self-discipline. Correct! They also explain that poverty results from poor life choices, lack of job opportunities, and lack of work ethic. Not necessarily correct, as too many people are born into poverty. But, that doesn't mean they are doomed to a lifetime of poverty.
While these results should give hope to conservatives, The Motley Monk believes that millennials will become even more economically conservative over the next two decades. Why? When their college loans come due, the nation's debt must be paid off, and all of those entitlements will bury the millennials beneath 70% confiscatory tax rates that will make it impossible for them to save money, the millennials will only become more economically conservative.
Perhaps they will lead the "smaller government" revolution!
Let the discussion begin...
To read the Reason-Rupe survey results, click on the following link:
"Millennials: The Politically Unclaimed Generation."