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To: emax

As the West begins to endure true debt-induced austerity, we may very well see more younger people going conservative, as the majority of debt is being spent on programs for the baby-boomers, and the young are getting the worst of the deal - higher taxes and less employment mainly.

Start watching about 15:50. Niall Ferguson makes a very good case for this idea.

http://www.youtube.com/watch?v=eu-VKTgXyR0


13 posted on 10/29/2012 6:00:25 PM PDT by PGR88
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To: PGR88

Baby boomers are not going to get crap. The generations before the Boomers are the last to benefit from the gravy train. I don’t understand why people keep blaming Boomers. We have paid a tremendous amount in taxes over the years to support our parents and grandparents and now will be left holding the empty bag. I don’t want these programs to continue, even though it means we will be tooled, because I don’t want my kids and grandchildren to bear those burdens.


34 posted on 10/29/2012 9:51:01 PM PDT by Pining_4_TX ( The state is the great fiction by which everybody seeks to live at the expense of everybody else. ~)
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