By CNN's Jack Cafferty:
Young voters are not nearly as excited about this presidential election, and that could doom Pres. Obama's chances for a second term.
A new Gallup Poll shows only 58% of registered voters between the ages of 18 and 29 say they will "definitely vote" this fall.
That's far below the national average of 78% for all registered voters.
It's also at least 20-points below the percentage of young people who planned to vote in the fall of 2004 and 2008.
Young voters were one of the key voting blocs in Obama's 2008 victory over Sen. John McCain. They overwhelmingly support the president again this time around, but they historically show up to vote in lower numbers than other groups.
There's a growing sense that the outcome of this election could come down to turnout, and if that's the case, the relative lack of interest among the youth is not a good sign for the president. Of course it's still only July, and Obama and presumptive Republican presidential nominee Mitt Romney have more than three months to fire up this group.
This poll also shows the percentage of blacks who say they will definitely vote is similar to the national average this year. However, Hispanic registered voters – who overwhelmingly back Obama – are another one of the groups with the lowest expected turnout. Only 64% of Hispanic voters say they will definitely vote. Again, not a good sign for the president.
But back to young people:
The outcome of this election will be enormous for our country. We're facing many critical problems, including high unemployment and a runaway national debt.
Those younger than 30 have a huge stake in all of this because whether we elect Obama or Romney could have a big impact on what kind of America they inherit.
Here’s my question to you: What will it take to get young voters excited again?
Tune in to the Situation Room at 4pm to see if Jack reads your answer on air.
And, we love to know where you’re writing from, so please include your city and state with your comment.
By CNN's Jack Cafferty:
It didn't used to be this way.
Our government - local, state and federal - didn't always spend money like a drunken sailor and run up astronomical debts.
In recent weeks, three california cities - Stockton, Mammoth Lakes and San Beranrdino - have declared bankruptcy.
Scranton, Pennsylvania is so cash-strapped that it has cut the pay of all municipal workers to $7.25 an hour - minimum wage. Scranton's mayor wants to raise property taxes by 80% to try to close a $17 million budget deficit and prevent bankruptcy.
And there will likely be more cities forced to declare bankruptcy because of toxic economic conditions.
High unemployment along with foreclosures and plummeting home values means less tax revenue.
The Los Angles Times reports that tax receipts in some areas have shrunk more than 20% over the last three years - and soaring pension costs top funding levels by as much as a $3 trillion debt nationwide.
Meanwhile our federal government is nearly $16 trillion in the hole - that's more than a $5 trillion increase since Pres. Obama took office.
CNSNews.com crunched the numbers and found that the National Debt has now increased by more than $64,000 per federal taxpayer in the last three and half years under President Obama. To pay off the entire $15.8 trillion national debt it would cost every taxpayer in the country $194,000.
In the meantime neither Democrats nor Republicans are doing anything meaningful about the so-called fiscal cliff as we get closer and closer to the edge.
Here’s my question to you: Why have we become so financially irresponsible?
Tune in to the Situation Room at 5pm to see if Jack reads your answer on air.
And, we love to know where you’re writing from, so please include your city and state with your comment.
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