please... where they gonna go???
Posted on 03/10/2010 1:10:21 PM PST by 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?
(Excerpt) Read more at csmonitor.com ...
So he is a member of the "silent generation" that preceded the boomers, he was 15 when the sixties started and he is of the William Ayers/Bernadette Dohrn generation.
How did the Flash Jrs. get their overseas passports?
Young FreeStateYank is finishing at VT next year. We’d like her to obtain Aussie or Kiwi citizenship.
Thanks!
I do not agree with you that boomers are more conservative than the young. And especially not more conservative than the young will be when they get their first job and see 50% sliced out of their pay.
By “be kind” I’m talking about not wanting to be riding a bus with millineals when I’m 70.
Because Boomers form the bulk of the “progressive” movement.
No, I might happy to get rid of the dead weight of liberals and maybe a few welfare brats.
I keep thinking that Atlas is already starting to shrug and it's part of the reason for this recession.
My son in college was taking a US government course taught by a self-admitted ACLU socialist. This professor took glee in the fact that the kids in the class were going to be his debt slaves and take care of him when he retired. My son told him he was nuts, that his generation would toss him in the gutter to live in a cardboard box and think nothing of it. When the rest of the kids chimed in to support my son, the professor suddenly got the look of a deer in the headlights.
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.
Go to the local Post Office and pay your 60 bucks. Hopefully they'll be standing behind all the other socialists that just graduated from harvard, yale....etc.
already happening... as i speak from experience
Do tell, which bastation of freedom did you/yours move to?
please... where they gonna go???
I don’t know what you mean by that, or what statistics that you want to offer. If the more than century old progressive movement is now mostly people 46 to 64, then we don’t have much to worry about as time passes.
I think you have hit the nail on the head. As the lefties like to say, the present entitlements “are unsustainable”.
So they are going to stop voting Democrat and suddenly become right wingers?
Neither of them could find work at home, which is absolutely heart breaking to me and their mother. Especially since our little girl is starting to put roots down in Montreal, she may never come home.
Errrr....Montreal isn't exactly a foreign country, you can drive to it from any state in the US. And I highly doubt your son plans on living in Kuwait the rest of his life, you can see the entire country in a week.
Maybe so, but a separate point.
The generation of people 46 to 64 were intrumental in keeping entitlement systems not only going, but growing by leaps and bounds.
It remains to be seen whether so-called ‘milenials’ will dismantle those systems. Whether they do or they don’t, they are going to harbor a lot of resentment towards those who grew those systems to the bloated size they are today.
Don't worry, he'll be home soon....
As of 2007, Kuwait's population was estimated to be 3 to 3.5 million people, which included approximately 2 million non-nationals. Kuwaiti citizens are therefore a minority of those who reside in Kuwait. The government rarely grants citizenship to foreigners to maintain status. In 2008, 68.4% of the population consisted of expatriates. The net migration rate of the country stood at 16.01, the third highest in the world
Poll: Republican resurgence among young adults
http://www.csmonitor.com/USA/Politics/2010/0309/Poll-Republican-resurgence-among-young-adults
Poll: Republican resurgence among young adults
http://www.csmonitor.com/USA/Politics/2010/0309/Poll-Republican-resurgence-among-young-adults
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These people are not likely to take kindly to the Entitlement Generation.
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