Though teenagers often seem oblivious to the problems vexing their elders, ABC News finds them sharing parental worries about the economy. In polling fielded just before Thanksgiving, 67 percent of 12-17-year-olds said their parents seem worried about the economy. A majority of the teens are worried (16 percent “very,” 42 percent “somewhat”) that their own families could suffer due to the economy’s weakness. Just 9 percent said they’re “not at all” worried about this.
Plenty of teens have already felt the pinch in their parents’ spending: Asked whether their parents have “cut back on buying you things because of the economy,” 62 percent answered affirmatively — including 17 percent who said their parents have cut back “a lot” on such expenditures.