"For argument's sake, let's assume that single people on average tend to be more self-absorbed than married people."
That's the opening line and working theory from Ed Yardeni, an investment strategist who
complains at
Business Insider of an entire generation of single, mostly young people who "don't care about the next generation." Yardeni speculates that growing numbers of unencumbered singles relative to those with families helps explain President Obama's re-election, not to mention a general disregard for the problem of the federal debt. Indeed, the young and single - or at least
single women -
did help the current occupant of the White House achieve a second term, according to most analysts.
"There is no political will in Washington to reduce the federal deficit," warns Yardeni. "Adults who have never been married and have no kids aren't likely to be all that concerned about leaving the next generation with more debt than has ever been passed on by one generation to the next."
Via Business Insider.
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