Obama and the Millenium Voters

I just read a piece in the New York Times that says polls are suggesting that young voters are deserting President Obama.
We all remember the droves of young people, many first time voters, who went to Obama rallies, knocked on doors for him and helped him win in 2008.
Well, two and a half years later, they're out of work or unable to find their first real adult job. That spells trouble on a lot of fronts.
First, we're wasting their talent and the money spent on their education.
But, we're also creating a mini-generation of young Americans who probably have serious doubts about the value of hard work or the American Dream. It'll be easy to turn that around if the great recession ends sooner than expected and they find good jobs.
But, what if they get stuck in a no-job rut. That's been happening in France for the last decade and its effect is to demoralize French young people who worked hard to get university degrees only to find that they can't earn enough to rent an apartment. So, there's been a rush back to their parents. I know that's also happening in the US. The result? Cynicism about any government or party, disenagement from the political process and in some cases, sympathy for extremist causes.
So, if Millemium Voters are deserting Obama, that's the good and the bad news.
As Bill Clinton said so succinctly, It's the economy, stupid. And we better get out the vote in November to begin the big task of turning the economy around...not just for ourselves, but to save the mini-generation of young people left out by Democratic spend and tax policies that are leading nowhere fast.