Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!
Expand chart
Data: Census Bureau; Chart: Andrew Witherspoon/Axios

Despite the hype around young Americans' civic activism and record voter turnout in 2018, the voting power of young people is shrinking.

The big picture: On top of young adults being less likely to show up at the polls, the number of people under 25 who are even eligible to vote has fallen, according to a Census data analysis by Brookings Institution's William Frey.

By the numbers: The 65+ year olds' share of the electorate is projected to be 23% in 2020, up from 18% in 2000, Pew Research's Richard Fry told Axios. Meanwhile, the share of eligible voters who are 18-24 is expected to fall one percentage point to 12% in 2020.

  • Gen Z is a much smaller generation compared to the baby boomers (ages 55–73) or millennials (23–38) — who are typically the kids of boomers.
  • Even millennials' voting power is weakened by a higher share (12%) of non-citizens who are ineligible to vote, according to Frey.

Not only outnumbered, young people today are also outvoted by older generations.

  • 71% of eligible 65+ year-olds, and 67% of 45–64 year-olds, voted in 2016. Less than half of 18–29 year-olds did, according to census data.

Why it matters: Steady, high turnout among older Americans could help President Trump and hurt Democratic candidates in 2020.

  • The older population is whiter and more conservative than younger Americans.
  • Trump's 2016 election relied heavily on that demographic.
  • The Trump re-election campaign is spending significantly more money than any other candidate targeting seniors on Facebook.

The other side: Gen Z and millennials have been sticking with Democrats even as they get older, which does not bode well for the GOP in the long-term.

  • "Anyone in the sort of 18 to 45 age range is basically voting 2-to-1 for Democrats over Republicans," Brian Schaffner, a political scientist at Tufts University, told Axios.

What to watch: If young people are energized by a candidate they can make all the difference, says Stillman, pointing to young voters' support for Barack Obama in 2008.

Go deeper:

Go deeper

Felix Salmon, author of Capital
1 min ago - Economy & Business

Inflation will rise. Don't panic

Illustration: Annelise Capossela/Axios

It's been 40 years since America last saw a damaging level of inflation. Yet despite that — or perhaps because of it — inflation fears are widespread, and could even become self-fulfilling.

Why it matters: The government's strategy for bringing back employment and widespread prosperity involves a necessary — yet temporary — increase in inflation. When an entire generation has never experienced such a thing, that can be disconcerting. And for the time being, Americans are not buying what the government is selling.

Updated 45 mins ago - Politics & Policy

Gunman kills 8 people in shooting at FedEx facility in Indianapolis

A screenshot of the Indianapolis Metropolitan Police Department spokesperson Genae Cook during a news conference Friday morning. Photo: Indianapolis Metropolitan Police Department/Facebook

A gunman opened fire at a FedEx warehouse facility in Indianapolis late Thursday, killing at least eight people and wounding multiple others, authorities said.

Details: "The alleged shooter has taken his own life here at the scene," Indianapolis Metropolitan Police Department spokesperson Genae Cook said during a news conference early Friday.

Dems race to address, preempt stimulus fraud claims

Illustration: Aïda Amer/Axios

Biden officials are working to root out the systematic fraud in unemployment and Paycheck Protection Program claims that plagued the Trump administration’s efforts to boost the economy with coronavirus relief money, Gene Sperling told House committee chairmen privately this week.

Why it matters: President Biden just signed another $1.9 trillion of aid into law, with Sperling tapped to oversee its implementation. And the administration is asking Congress to approve another $2.2 trillion for the first phase of an infrastructure package.