Emily Ekins, polling director for Reason Foundation, says millennials are fiscal centrists and social liberals. On fiscal issues, millennials see themselves as closer to Republicans such as New Jersey Gov. Chris Christie than to President Obama, and are centrists. However, millennials rate themselves closer to liberal Democrats such as Obama on social issues.
Under Obamacare, the cost of health insurance increases for young people to subsidize the cost of health insurance for the elderly and less affluent. Millennials covered under their parents’ plans — they can remain so until 26 under Obamacare — support others helping pay to insure the uninsured. However those paying for their own plan disagree.
Millennials say they prefer a "larger government" that provides more services. They don’t tend to think of “big government” leading to higher taxes and heavier regulation. Once the possibility of higher taxes to support a larger government is mentioned, though, millennials’ support shifts.
Millennials say "capitalism" is a better economic system than "socialism" by only a small margin. However, when asked if they believe a free market economy is better than a government-managed oboe, the margin widens substantially.
Both conservatives and libertarians tout liberty and virtue as key components of their philosophies. While historically disagreements about what that actually means have taken a back seat (causing the distinct philosophies to often be lumped together), times have changed.