Posted on 12/23/2009 4:04:34 PM PST by Krankor
After living through one of the most brutal recessions in U.S. history, many late teens and young adults could be scarred for life, adopting behaviors that could skew everything from their own careers to politics, corporate profits and the stock market.
(Excerpt) Read more at chicagotribune.com ...
DOOM DOOM DOOM
They need to learn fiscal responsibility and stop this consumerism based on debt.
This is series.
My mother never got over the Great Depression.
In the immortal words of the Depression era folks to the new depression folks ... “Suck it up”
Democrat party affiliated women and minorities hit hardest.
My Mom and Dad lived through the GREAT Depression and they did quite well in life despite their experience....and perhaps even *because* of it.If kids of today learn thriftiness,hard work,delayed gratification,”the world don’t owe me a living” then they’ll be *better* off in the long run.
the little brats need a little hardship to keep them honest.
a little reality might be good for it.
Perfect!
Not a one of this generation knows of true suffering.
Like my parents, they left the depression in the '30's only to fight WWII in the '40's.
Yep, suck it up!
Let’s consider some past hardships which certainly pale in comparison to the economic hardships endured by today’s 20 somethings:
US Civil War ?
Natural disasters ?
WW2 Holocaust ?
London blitz by Hitler?
Battle of Stalingrad ?
Hiroshima / Nagasaki ?
US/Soviet Cold War?
Cuban Missile Crisis ?
Kennedy/King assassinations?
Civil right riots ?
Fall of Berlin Wall ?
9/11/01 ?
Yeah, they must be scarred for life.
That could mean many things.My folks "never got over it" either.A case in point....they always lived *well* below their means...particularly my Dad.My Dad,for example,always drove Oldsmobiles and wore Timex watches even though he could have afforded *much* better.That's the way many Depression era people lived.And I'm grateful beyond words that he taught *me* to live the same way.
Well like, I got my Ipod and my credit card went through and it was awesome, so there!
But then the monthly credit card bill came.
Like our grandparents, great grand parents, even our parents, were “scarred” by Roosevelts’ great depression-
they only went on to work hard, work honestly, and give birth to children who saved the world in her darkest hour
There are kids today, who if the batteries prematurely died in their IPhones would need grief counseling. No wonder the Islamists are afraid of us.
Kids of the 30’s lived in shacks, with little food and material comforts.
When they became teenagers they were asked to go fight the Nazis and Japanese.
In the 50s they had to live with the threat of atomic war.
Kids today might only get one new mp3 player this year, and might have to share a computer with mommy and daddy.
A good recession builds character. I’m sitting this one out, but I hope my nephews learn some valuable lessons.
Well like, that's why Obama has a stash, silly!
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