Posted on 06/04/2012 9:32:35 AM PDT by C19fan
In Madrid you see them on the streets, jobless, aimless, often bearing college degrees but working as cabbies, baristas, street performers, or—more often—not at all. In Spain as in Greece, nearly half of the adults under 25 don’t work. Call them the screwed generation, the victims of expansive welfare states and the massive structural debt charged by their parents. In virtually every developed country, and increasingly in developing ones, they include not only the usual victims, the undereducated and recent immigrants, but also the college-educated.
(Excerpt) Read more at thedailybeast.com ...
“Call them the screwed generation, the victims of expansive welfare states and the massive structural debt charged by their parents.”
And in this country at least we could add, “call them the generation that was seduced and screwed by the liberal takeover of higher education, and as a result have WASTED four years and run-up a HUGE debt to get a degree that is absolutely worthless.”
Meanwhile companies will lobby Congress for more visas for foreign workers in the technical fields because we don’t have the people to fill the positions.
As a 50 year old “boomer” I am in the same boat as you are.
To a certain extent, the PARENTS ARE TO BLAME for a great deal we are seeing. What we are witnessing is a change of attitude - in that Mommy’s precious little wumpkins is entitled to do what he wants, eat what he wants, get up when he wants and fully well expects others to pick up the slack. After all, this has been his “norm” for his entire life - why would we expect anything different, just because he is now graduated from college?
I see it all the time, teenagers who are 18 who have no intention of getting a driver’s license. Why should they? When they do, the parents will expect them to pay for gas. Mom and Dad have driven them where they need to go, their entire life. Why should they be inconvenienced with taking personal responsibility?
Earning a living? Why? Mommy and Daddy buy whatever their baby wants, whenever he wants it. What belongs to Mom and Dad - is inherently his to use when he wants (car, boat, home theater, vacation, cruises, credit cards, etc).
Libtards have been breeding this “culture” in Europe, as well as America. And many, many parents have bought into it. Getting a paper route is for chumps. Why work a month for cash, when I can tell Mom to buy me an XBox this afternoon?
“This generational transfer will likely be accelerated by an aging electorate. In Spain, notes Larumbe, voters over 60 now make up more than 30 percent of the electorate, up from 22 percent in 1977; in 2050 they will constitute close to a majority. The same patterns can be seen in other European countries and, although less dramatically, in the U.S. as well.”
But eventually, the huge baby boomer generation will die off. What will happen then?
I agree that the sense of entitlement of some young people can be astonishing, and their going deep into debt in order to earn a degree in a soft-core subject makes me shake my head, but I was unaware of there being a widespread rejection of learning how to drive. I thought that that was a sine qua non to get anywhere in the dating market.
Regards,
To a certain extent, the PARENTS ARE TO BLAME for a great deal we are seeing. What we are witnessing is a change of attitude - in that Mommy’s precious little wumpkins is entitled to do what he wants, eat what he wants, get up when he wants and fully well expects others to pick up the slack. After all, this has been his “norm” for his entire life - why would we expect anything different, just because he is now graduated from college?
I see it all the time, teenagers who are 18 who have no intention of getting a driver’s license. Why should they? When they do, the parents will expect them to pay for gas. Mom and Dad have driven them where they need to go, their entire life. Why should they be inconvenienced with taking personal responsibility?
Earning a living? Why? Mommy and Daddy buy whatever their baby wants, whenever he wants it. What belongs to Mom and Dad - is inherently his to use when he wants (car, boat, home theater, vacation, cruises, credit cards, etc).
Libtards have been breeding this “culture” in Europe, as well as America. And many, many parents have bought into it. Getting a paper route is for chumps. Why work a month for cash, when I can tell Mom to buy me an XBox this afternoon?
To quote, “You get knocked up or use drugs YOU ARE GONE!”
I couldn't have been more proud.
Can you say “death spiral”?
Taxes (and regulations) are now so high that it makes economic sense for kids to mooch off their parents or the state rather than work for a living. Automation is at such a level than only 10% of us even need to work to provide all the stuff that we all need.
The world is in need of mighty change, while the central banks of the world print money to delay it.
And we have 40-60 year old workers with the skills who are unemployed or underemployed. The Companies will not hire them because human resources tells them they cannot afford insurance for them, until they are 65. Surprise Surprise Surprise
WOW! Lots of ignorant communists posting commnets at the article site. It amazes me how blinded some people can be by their own ideology that they refuse to see the truth.
If government touches it (with very few exceptions) it turns to crap. If private industry does it (with a profit motive) everyone comes out better off for it (in most cases).
One more thing. Anbyone who graduates with a black studies. women’s studies, gay studies etc degree, or something like music appreciation etc has only themselves to blame.
Knowledge for knowledge’s sake is OK, just don’t expect to make a living at it.
In a business interview, Fred Smith, CEO of FedEx, said government scholarships should only be offered in engineering, math and science in order to compete with nations such as China and India.
There are actually lots of scholarships offered in those fields, however, too few students are willing to pursue them since those subjects are “hard.” These nimrods don’t seem to understand that being unemployed with a huge debt is a lot harder.
One waitress I know complained that she couldn’t get another student loan for her master’s degree in literature. I told her she would get farther with q civil engineering degree. She just glared at me.
“The Companies will not hire them because human resources tells them they cannot afford insurance for them, until they are 65.”
Thankfully, my wife has a low paying job but with great benefits! Has allowed me to work as a outside contractor for the last 25 years. They don’t have to worry about insurance and I charge more than I would as an employee. And generally, just about every time I start to think, “you know, it wouldn’t actually be too bad to work here,” they do something to F over the employees. Makes me happy just to be a hired gun.
But I can only get away with this because I HAVE skills they want. A degree in underwater basket weaving would not get me very far.
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