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?

[RedDogzRule]

I’m addressing this now, in light of the disastrous Health-kill vote in the House (of fools) today. That’s the question: where to go? Europe is mostly socialized beyond repair and has an Islamic death-wish, plus no younger population to stop the Muslim onslaught. I fear the US will be bankrupted for my kid’s future and I don’t even know where to go at this point. Sometimes I think it’s better to move to some small quiet country that lets me and my family alone and doesn’t bother anyone and is off everyone’s radar. Any ideas? Before you flame me for giving up, I’m not. I love my country, but it isn’t about ME anymore. It’s about my children’s future. This is no longer the USA I grew up in. Whither America?

[RedDogzRule]

That’s right. I lived overseas for years, and always had to file taxes. The only other country (that I know of) that tracks its citizens abroad for taxes, is Libya. The ancient Roman Empire used to do it, too, but technically the citizens were still within the confines of Roman territory.