Why Many Young People Love Ron Paul and Why Many Older People Despise Him
by Nick SorrentinoI have watched Ron Paul for a very long time and one trend I see over and over is the split that emerges between people of roughly under the age of 40 and those who are older when his name is mentioned. I have no polling data to back this up, but young people seem to like Ron Paul and older people seem not to.
This is by no means uniform. I know plenty of older folks who love the good doctor and plenty of young people who do not like him, but generally the above statement holds I think. Why is this?
Fundamentally I believe it comes down to faith in the markets and whether or not one is playing for the future, or if one is clinging to the past.
Young people have much to lose in the economic quagmire we find ourselves in, namely their future. They recognize that times have changed, that the old economic regime is corrupt, and in order to get things going in any real way (not government stimulated) fundamental reforms must be implemented. Many, including myself would embrace a gold standard or a standard based on a basket of commodities. This is a radical departure from the Fed centered fiat currency regime. It would disrupt the current economic order, but a reset is needed and many young people recognize that it is vital that we head in this direction before it is too late. The economic hubris of the 20th century has come home to roost. We would like a real economy.







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