While unemployment rates have dropped during Obama’s presidency, current rates are still higher than pre-recession rates, at 5 percent in 2016 compared to 4.6 percent in late 2007. More students are going to college in order to beat the unemployment statistics, but a college degree is not a guarantee at being able to support oneself anymore. Even if one manages to land a job after college, entry-level jobs rarely pay enough to cover costs of living. As the New York Post reported in 2015, some 50 percent of recent college graduates say they’re receiving financial help from their family, despite the fact that half of these graduates have full-time jobs. This, however, is not a reflection of the jobs graduates are landing, or the even the graduates themselves. In recent years, as rent and costs of living has skyrocketed, wages have largely remained the same. Some parts of the country have awage gap between living wage and current minimum wage of more than $20, such as San Francisco, California, and Prince William County, Virginia. If every American earned as much as one would expect from the per person GDP of $53,000, each person would be receiving $12 an hour, a raise of about 65 percent for the average American earning the minimum pay rate. That's right, according to MIT, the average American should have increased wages by more than 50 percent if our national wealth was equitably dispersed.
But, of course, as Sanders is never shy to point out, our wealth is not equitably dispersed, not even close. All of these statistics compound together in a rather bleak reality for millennials. It's often said that it's harder to get a job today than it was for our parents generation, and this is true. We were born into an era where capitalism is either thriving at its fullest potential or failing massively, depending on your perspective. The economy has boomed back since the Great Recession, yet Americans haven't stopped worrying about their fiscal status. With university tuitions and student debt at an all time high, we literally cannot afford to continue this way. Something has to change, starting with minimum wage, taxes and tuition costs. Yet, each of these issues are just like heads on a multi-faceted monster, cut one off and a new one just grows back in its place. In order to rid ourselves of the formidable beast, we need to cut down the issue at its root: capitalism. From climate change to corporate greed, capitalism is the dark, depraved, driving force behind our global issues. And if I didn't do a good enough job convincing you, let Naomi Klein try. Her recent documentary, "This Changes Everything," not only does an incredible job demonstrating as to why capitalism is the issue in climate change, not humanity, but also how social revolutions are our greatest solution. Whether it's banding together behind Bernie or a grassroots uprising, we need to join together and demand change. Maybe not being able to find a financially-supportive job is a blessing in disguise; not only are we incredibly motivated to metamorphosize our current economic structure to our and the Earth's benefit, but also we'll have plenty of time to focus on it.