Lyric discussion by MrHorrible 

Cover art for Young America lyrics by Jump, Little Children

The way I interpret this is a parent thinking of how innocent his/her daughter is and what will happen as the daughter approaches adulthood. Will she succeed in life or fail? Will she leave home and begin to resent where she came from? Will she use what her parents taught her or throw it away?

I'm sure a familiar feeling most parents go through.