Will Millennials leave US to avoid becoming the 'chump' generation? (the Republicrat legacy!)

The Christian Science Monitor ^ | 2010-03-10

[rabscuttle385]

If Millennials realize they're going to have to pay the fiscal price for baby boomers' sins, they might choose to leave the US for more financially friendly locations.

BY TIM KANE

What if they had a fiscal crisis, and nobody came? What if the chump generation figures out the Ponzi scheme? Bob Samuelson thinks the fallout will be political:

... As baby boomers retire, higher federal spending on Social Security, Medicare and Medicaid may boost Millennials' taxes and squeeze other government programs. It will be harder to start and raise families.

Millennials [ages 30 and younger] could become the chump generation. They could suffer for their elders' economic sins, particularly the failure to confront the predictable costs of baby boomers' retirement.

Samuelson asks the question in a political context, and that's how most analysts interpret the looming fiscal crisis, as if young voters will punish fiscally irresponsible representatives in Washington. My alternative theory focuses on the context of immigration. Already you may have heard about the millions of illegals who departed the U.S. when the Great Recession dried up job opportunities. A lot of crass nativists might think "Good Riddance!" but I wonder what they'll say when their own children seek greener pastures abroad in 10 or 20 years?

[Nick Danger]

I met a Japanese citizen from Poland on the Shinkansen one day... don’t fool yourself. There are plenty of countries that can, and want to, take productive young people from the USA.

Frying pan, meet fire. All the English-speaking countries, all the Western European countries, plus Japan, all have the same problem: an aging population, unfunded pension liabilities out the wazoo, and declining fertility leading to an unsustainable worker-per-retiree ratio. In some places they are trying to solve that by letting in Moslems. How's that going to work out?

It's going to be taxes, taxes, taxes, no matter where you go. Well, that and euthanasia in some places. I wouldn't want to be an old and decrepit 'gaijin' in Japan, for instance, citizen or not.

There obviously are countries that do not have a history of welfare-statism, but they tend to also be the countries that do not have a history of liberty and rule-of-law.

[ansel12]

A new poll shows 18- to 29-year-old Republicans are more politically energized than young Democrats and are more inclined to vote in this fall's elections. Young adults are also extremely concerned about the economy.

What is your point? Republicans of all ages are energized.

I never said that 18-29 year olds voted 100% for Obama, I only pointed out that 66% did, of course there are also republicans in that age group and they are energized right now.

[Lorianne]

I think you and I are discussing at least 3 separate points.

The one point I am trying to make is that Boomers (which I call the Entitlement Generation) are going to be blamed for a lot of the excesses of the last 40 years ... and rightfully so.

During their prime years entitlement programs of all kinds have grown astronomically in scope and size. You need only look at groups like AARP to understand what I’m talking about.

[Yorlik803]

My buddies and I talked about this. Poland seems attractive. But I am American, damnit. We are a race of people unto ourselves. Why should we leave? It is our turn to be like our founding fathers and start our own revolution.
The time to drive those who seek to take away our God given right to the sea has come.

[ansel12]

The generation of people 46 to 64 were intrumental in keeping entitlement systems not only going, but growing by leaps and bounds.

LOL, that is how old they are today, not 20 years ago, or 30 years ago, or 40 years ago.

You seem obsessed with avoiding the truth about who turned America left and created almost all of the most terrible legislation, Supreme Court judgements and left wing groups like NOW, the NEA, the ACLU, the NAACP, and lost wars, feminism and so on.

[rabscuttle385]

The “chump” generation has no concern about taking care of their elders. When they are in charge, the boomers better get ready for some hard times.

I don't have any problem helping out family, but I'll be damned if I have to pay for clowns like that prof teaching your son.

[rabscuttle385]

please... where they gonna go???

Alberta girls are cute.

Oh, and the overall tax burden in Alberta is comparable to that of Virginia, where I am now.

[WalterSobchak2012]

So I take it you share the mexican approach to international borders and political geography?

Our son has no intention of remaining in Kuwait, he continues looking for work at home, he is on recurring six month contracts but there are simply no opportunities for him. The last job he interviewed for in the US had 1,800 applicants. He was going up against guys with 5 - 10 years experience for entry level engineering jobs.

[ansel12]

The one point I am trying to make is that Boomers (which I call the Entitlement Generation) are going to be blamed for a lot of the excesses of the last 40 years ... and rightfully so.

Forty years ago, boomer Sarah Palin was only 6 years old, the old man of all boomers would be only 24, they weren't running anything and they would not for many years to come.

It was only 26 years ago that all the boomers could even vote in a Presidential election, much less run the nation.

[Lorianne]

Those groups were/are headed by Boomers!

[ScreamingFist]

The “chump” generation has no concern about taking care of their elders. When they are in charge, the boomers better get ready for some hard times.

Interesting comment, since you are obviously a "Boomer" in the Chump generation's eyes......

[ansel12]

None of those groups were started by boomers, zero.

[Lorianne]

I think your numbers are off. The oldest of the boomers have been able to vote for 46 years (64-18=46).

The Boomers have been in charge for a while now, and like it or not, a LOT of them are progressives.

[Lorianne]

So? They’ve been running them and growing those organizations and running and growing entitlement programs

[WalterSobchak2012]

Great, so he comes home and... works at a Verizon kiosk?

[ansel12]

Good God woman, of course the boomer generation existed and it does exist, before them other people filled jobs and after them, other people will fill the jobs, everyone belongs to a generation, you are obsessed with boomers, not the laws and organizations and the destruction of America itself, or else you could put this into a perspective of time and generations.

[ScreamingFist]

Our son has no intention of remaining in Kuwait, he continues looking for work at home, he is on recurring six month contracts but there are simply no opportunities for him. The last job he interviewed for in the US had 1,800 applicants. He was going up against guys with 5 - 10 years experience for entry level engineering jobs.

I think you misunderstood my comments. I applaud your son for working. Working overseas is both educational and profitable.

What I disagree with is the OP article that says we're going to lose all our young talent to socialist/communist countries because America sucks. Trust me, most Americans take one look at these socialist crap holes and will be pining for the day they can get a job in America.

[ansel12]

My numbers are not off, the first Presidential election that all boomers were old enough to vote in, was the 1984 reelection of President Reagan., even boomer Sarah Palin could vote for Reagan, and did.

[chessplayer]

“but I wonder what they’ll say when their own children seek greener pastures abroad in 10 or 20 years?”

Leaving the country will be illegal by then. They will be forced to stay.

[Lorianne]

I am not obsessed with Boomers, but simply stating facts.
We are, because of our size, a very influential group.
That’s been written about ad nauseum.

You seem not to want to fact the fact that the Boomer generation has increased exisitng entitlement programs and created many others. That’s how we’ve come to where we are today with the enormous size and scope of the Federal government. The Boomer generation had the political clout to do it by sheer size (and still does).

Hey, I’m of the Boomer generation too (tail end). And I’m getting ready for the backlash. Even though I don’t think I deserve it personally, my generation as a whole definitely does.