Are Millennials Actually More Conservative Than We Think?
*By Christian Smith*
Republicans may stand to lose more than just the House if the party doesn't address millennial needs, said GOP strategist Evan Siegfried.
"The party needs to adapt or die," Siegfried said Monday in an interview on Cheddar. "The Democratic punch is coming."
The punch is a result of changing demographics within the American electorate. In each election, the American voting population becomes less white and better educated, a shift that Siegfried said will pose a major threat to Republicans if they don't prioritize issues like student debt which are important to the country's largest voting bloc.
Siegfried cited Democratic Socialist and 2016 presidential candidate Bernie Sanders as an exemplar of successful outreach to the millennial base. Though he may disagree with the Senator's viewpoints, Siegfried said Republicans would do well to imitate Sanders's methods.
"Millennials are the most fiscally conservative generation since the Great Depression, and the Republican Party's fiscal, conservative message actually reaches out and would be perfect for them, but we haven't been able to do so," Siegfried said.
"We have been viewed and portrayed as the stereotype of an anti-woman, anti-minority party. Unfortunately with Donald Trump's rise, he has helped to cement the stereotype as reality."
But there is an opportunity for the GOP ー while millennial voters are the least likely demographic to identify as Republican according to a [poll](http://www.people-press.org/2018/03/01/1-generations-party-identification-midterm-voting-preferences-views-of-trump/) from the Pew Research Center, an [April poll](https://www.reuters.com/article/us-usa-election-millennials/exclusive-democrats-lose-ground-with-millennials-reuters-ipsos-poll-idUSKBN1I10YH) by Reuters found that enthusiasm for the Democratic Party among the group is slipping, and young voters increasingly consider the Republican Party a better steward for the economy.
For more on this story, [click here](https://cheddar.com/videos/one-republican-strategists-plan-to-help-the-gop-win-over-millennial-voters).
A new report from CNBC says Instagram recently reached a new milestone -- 2 billion monthly active users. It comes amid a year of controversy for the photo-sharing app and its parent company, Meta. SocialFlow CEO Jim Anderson joins Cheddar News' Closing Bell to discuss.
There is a new way for investors to bet on cannabis - the AdvisorShares Poseidon Dynamic Cannabis ETF targets about 20 of the biggest names in U.S. cannabis. It comes at a time when it's still difficult for investors to access the space. Cheddar News cannabis reporter Chloe Aiello spoke with co-founder and managing director for Poseidon Investment Management, Emily Paxhia.
Victor Li, an economics professor at the Villanova School of Business, joins Cheddar News' Closing Bell, where he discusses the latest Fed decision and the implications it has on the stock market.
After nearly two years of the pandemic, U.S. consumers are ready to spend big this holiday season. However, shoppers may be faced with limited inventory as the U.S. continues to face shortages of key products and extended order backlogs. Per Hong, partner at consulting firm Kearney, joined Cheddar's Opening Bell to discuss the country's path forward.
The U.S. Government is making its first major move toward encouraging nuclear energy in the U.S., as it pushes toward a sustainable future. Scott Waldman, White House reporter for Politico's E&E News joined Cheddar News to break down the developments. "There's definitely an audience for this now since we're looking at the value of nuclear in terms of climate policy," he said, regarding the prospects for bipartisan support.
CEOs of the top U.S. airlines are set to testify in front of a Senate committee Wednesday. Lawmakers will ask airline executives about how they used pandemic-related federal aid, specifically in light of staffing issues and widespread cancellations. Among those expected to participate are the CEOs of American, United, and Southwest Airlines. David Slotnick, Senior Aviation Business Reporter at The Points Guy, joined Cheddar News to discuss.
Carlo and Baker cover the latest data showing the Omicron wave has likely started, Pfizer's Covid pill, Jan. 6 and a box office rescue attempt courtesy of Spider-Man.
