Sefton Central Labour MP Bill Esterson said Sefton's young people were feeling the brunt of the Tory-Lib Dem government's economic failures.
Bill said the announcement that the borough's youth unemployment rates have rocketed was a clear indication that Conservative-Liberal Democrat policies were failing and consigning young people in Sefton to the scrap heap.
Figures reveal that from January to September the number of 18-24 year olds claiming Job Seekers' Allowance doubled.
Bill said young people throughout the borough and the country were being left with no hope.
Bill said: "Each and every day I speak to young people from Sefton Central who say they have no hope for the future. They see the dire economic conditions and they recognise the unemployment amongst their peers is rocketing.
"Training opportunities have been slashed by the Tories and Lib Dems in government and the chance to go to university is out of the reach of many people now because of the trebling of tuition fees.
"That leaves the world of work. But that world is rapidly shrinking as businesses tighten belts or go to the wall all together. This is a direct result of this government's flawed attempts to cut the deficit by cutting spending. How can you cut the deficit when you are having to pay out more in income support to help those who are being put out of work? How can you pay down the deficit when business rates aren't being paid because companies are going under?
"We are returning to the dark days of the 1980s when a generation of young people were let down by the Conservatives. We are only just getting over that, particularly in the North West which again was an area worst hit by Tory policies. If the forecasts are right, then we will be looking at another generation let down."
Bill said he hoped the dire youth unemployment figures would force the Tories and Lib Dems to reconsider their failing economic strategy.
Bill said: "Nationally the youth unemployment rate has gone above the one million mark. That's the highest rate since records began in 1992.
"Here in Sefton, the picture is as bleak with the number of 18-24 year olds claiming job seekers' allowance doubling from January to September.
"At a time when our young people should be taking the first steps in the world of work they are being consigned to the scrap heap before they even get a chance with no opportunity for training or education.
"David Cameron, Nick Clegg, George Osborne, the Conservatives and Liberal Democrats are failing our young people, they are failing our communities and they are failing the country.
"I will do what I have done since I was elected and continue to urge this government to change course. It is time to we gave our young people a chance."