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An Emergency for Americans Under 30. Huge burdens, weak economy awaits current generation
National Review ^ | 03/07/2011 | William Beach and Dustin Siggins

Posted on 03/07/2011 7:34:11 AM PST by SeekAndFind

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1 posted on 03/07/2011 7:34:22 AM PST by SeekAndFind
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To: SeekAndFind

Well, gee, where did you think the Left was going to find this great “social movement” to push sovereign default followed by increasing Socialism, as in Argentina? Looks to me here like they’ve got a pretty good start on that.


2 posted on 03/07/2011 7:37:07 AM PST by Buckeye McFrog
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To: SeekAndFind

I wonder how many of those vacant-eyed Obama supporting students who rang my doorbell in 2008 now understand that the man they supported is purposely destroying their future standard of living.


3 posted on 03/07/2011 7:40:00 AM PST by skeeter
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To: skeeter

Fewer than you’d hope. Most probably still believe if we just “tax the rich” it’ll all work out.


4 posted on 03/07/2011 7:48:21 AM PST by PogySailor (The ruling class will not go down easily. And neither will their paid hacks.)
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To: SeekAndFind
Say hello to virtually no savings and no retirement.

That's right.

And do you know how obscene what the baby boomers have done and are now setting off for 30+ year retirements often funded entirely by borrowing money from the debt paying generation(s).

Puttering around Del Boca Vista in their golf carts.

5 posted on 03/07/2011 7:49:20 AM PST by End Times Sentinel (In Memory of my Dear Friend Henry Lee II)
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To: Owl_Eagle

I have nothing but utter contempt for most boomers.


6 posted on 03/07/2011 7:54:45 AM PST by GlockThe Vote (Who needs Al Queda to worry about when we have Obama?)
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To: SeekAndFind
...and how few members of Congress are willing to stand up for the interests of the under-30 generation...

Why should we stand up for someone who won't stand up for himself?

Remember, it was the under-30 generation that voted in record numbers for the Obamanation of America.

So let them suck eggs...

Was that too mean?

I'm trying not to be mean this morning.

7 posted on 03/07/2011 7:55:03 AM PST by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: Flycatcher

The best thing you can do for your own kids is to see that they get a solid education..professional or trade..and make sure they end up with no personal debt when school is over.
The Govt Student loan programs are going to be an extreme additional burden on a lot of un-suspecting liberal arts grads who have limited earning capability.


8 posted on 03/07/2011 7:58:07 AM PST by Oldexpat
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To: SeekAndFind

>An Emergency for Americans Under 30. Huge burdens, weak economy awaits current generation

One of those huge burdens is the sheer size of the government at present; that is magnified a hundredfold when you consider how fast Bill of Rights guaranteed rights are being repudiated:
— The First amendment prohibits laws which prevent free exercise of religion in schools; and it is not uncommon for just such exercise to be forbidden.
— The Second amendment is so utterly weakened that mere allegations of domestic violence can be used to strip a man of his right to keep and bear arms.
— The Fourth amendment...
a - have you ever refused to answer the question “where are you going?” at a BP checkpoint? Why or why not?
b - have you noticed that warrant-less entries are on the rise?
c - have you noticed that “no knock” warrants are on the rise?
d - have you noticed that the “justice”-system has moved from the actual English of the amendment meaning that “probable cause” is to be the *basis*
for the issuance of a warrant, not an alternative for obtaining a warrant?
THANKS A LOT “WAR ON DRUGS!”
— The fifth.. Kelo v. New London destroys its prohibition on exercising eminent domain w/o paying a fair price AND the requirement that it be ‘public use.’
— The Sixth: have you ever had a quick trial where you didn’t enter a plea-bargaining or say no-contest?
Thanks for the huge backlog making “speedy trial” a joke, War on Drugs!
— The Eighth is supposed a limiter on the fines imposed on people... does that square at all with what you pay for a “speeding ticket”?
— The Ninth is saying “just because we didn’t enumerate it doesn’t mean it’s not a right,” take human reproduction as an example, if the mere
consideration of imposing law/treaty restricting that doesn’t scare you you’re either stupid or fearless.
— The Tenth... That the BATFE has power, and that ObamaCare *might* have power, despite what the States themselves say is proof of how atrophied this one is.


9 posted on 03/07/2011 8:01:59 AM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: SeekAndFind

I’m using my personally implemented exemption for those of us who rebuilt the faltering economy (without use of ‘financialism’) from the Johnson, Nixon, and Carter years.
I’m not paying off any debt from Obama’s follies. Those who make bad choices must pay the consequences.


10 posted on 03/07/2011 8:03:03 AM PST by griswold3 (The wolves are howling)
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To: GlockThe Vote

“I have nothing but utter contempt for most boomers.”

####

The “Greatest Generation” ain’t so hot either, what with, for example, their admanant insistence on bankrupting their offspring so that they don’t have to lay out a penny when visiting the doctor.


11 posted on 03/07/2011 8:06:01 AM PST by EyeGuy (Gimme Shelter)
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To: Oldexpat

So true.


12 posted on 03/07/2011 8:07:27 AM PST by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: GlockThe Vote

Thats nice but the boomers didn’t put all this in place. Rather their fathers (the ‘greatest’ generation) did. Their fathers before them elected a crook & scam artist named Woodrow Wilson. Yes, boomers do have some things to answer for BUT they didn’t happen in a vacuum either. So, you go right ahead w/ your contempt if thats going to make all things right. In the end you’re their spawn (or are you a boomer yourself?). Will you be worse or better than they are?


13 posted on 03/07/2011 8:08:35 AM PST by 556x45
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To: SeekAndFind

the RinoCrat’s solution...

http://www.aier.org/research/briefs/307-a-billion-americans


14 posted on 03/07/2011 8:12:07 AM PST by mo ("If you understand, no explanation is needed; if you do not, no explanation is possible")
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To: EyeGuy

Agreed.


15 posted on 03/07/2011 8:21:10 AM PST by GlockThe Vote (Who needs Al Queda to worry about when we have Obama?)
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To: SeekAndFind

Then you also must consider that all “working Americans” are not “taxpaying Americans”; and the debt, when distributed among only the actual taxpayers comes in at something over 200% of the figures shown per person.


16 posted on 03/07/2011 8:21:59 AM PST by NEMDF
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To: PogySailor

The “rich” is already paying the majority of the taxes anyway. - Still, Obama & Crew keeps pushing the “hate the rich” button’


17 posted on 03/07/2011 8:33:19 AM PST by Twinkie ( PEACE)
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To: SeekAndFind

They have far wealthier parents, and fewer siblings to share it with, than past generations. A good chunk of them will be fine, never moving out from Mom and Dad’s house, just building their families right there.


18 posted on 03/07/2011 8:35:04 AM PST by 9YearLurker
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To: 556x45

“Thats nice but the boomers didn’t put all this in place. “

Exactly right. The system we have in place is SOCIALISM, not capitalism. And they are running out of other people’s money. This goes back to the creation of the FED, which SUPPORTS socialism. Fractional Reserve Banking allows the state, for a time, historically, to keep up the appearances, while the money bubble grows. As long as credit and the population grows, it will be OK.

So, with this nation not growing, with jobs gone to other shores, with credit contracting, the Powers That Be are in trouble.

ALL generations will be affected. ALL OF US. As a mom, who is past fifty, yet I have a teen aged daughter. I see this from both sides. Yeah the boomers were clueless hippies, and they do love their socialism, but I don’t consider myself a boomer. And my daughter. What will be fall her generation? It breaks my heart to see this coming.

The walls of socialism need to come down, but with more than half the nation either miseducated, or relying on it, it will spell trouble.

Something better than this generational infighting will need to be found. In fact, Social Security was in my mind the biggest evil ever brought upon a nation. It has robbed us of our unity, and filled the elders with greed.

This needs to end.


19 posted on 03/07/2011 9:04:04 AM PST by TruthConquers ( Delendae sunt publicae scholae)
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To: SeekAndFind

Well Well, now even the National Review and former Heritage Data analysis gurus are giving it “two to five year”. Their kind of pessimism offends me. I give it three to six.

Say goodbye to grandma everyone. We’re going to have to pull her plug to pay off our loans.


20 posted on 03/07/2011 9:30:48 AM PST by MontaniSemperLiberi (Moutaineers are Always Free)
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