Destroying Value When It's Needed Most

One investment maxim I've learned is to start building your nest egg while you're young. The sooner young people become investors and build capital, the more financially secure they'll be decades from now.

The big problem is that the unemployment rate of those aged 16-24 is at a staggering 52.2 percent, eroding their lifetime earning potential, and thus, their ability to secure their long-term financial futures.

What disgusts me is that the U.S. government has shown absolutely no desire or urgency in fixing this issue. Obama recently described his stimulus plan as a "tourniquet" that stopped economic bleeding, and that it'll take years to get out of this mess. Sadly, he completely ignores the fact that an immediate transfusion of financial incentives to businesses for entry-level job creation would put more young people to work. Not years from now. This year.

I find it ironic that the majority of this younger demographic probably supported Obama's presidency. Little do they realize that Obama's focus on health care reform instead of helping create jobs for their age group -- and creating them now -- is the worst thing he could do to secure their financial futures.