Why was it not a problem for so many years before? Why was it not a problem when Obama doubled the debt?
Here is a list of Millennials’ policy proposals to improve today’s economic environment:
“Remove all old government officials and term limits for the House and Congress,” a 34-year-old male Republican said.
A number said “Impeach Trump” and “vote.”
“Sleep more because you will be less sensitive to negative emotions,” said a 22-year-old female Democrat.
Maybe they shouldn’t be taking on debt? Maybe they should make better decisions for themselves? Boo Hoo. Welcome to life.
Wow...the truth will set you free.
This is what feel good schools, lack of morals, cell phones, not understanding the political structure, too much TV and falling for the socialist fantasy world lies will get you.
It wasn’t the Baby Boomer generation that started this Train Wreck. This Economic Train Wreck we are on was Started by the Slave Master Generation, some call it the greatest generation, but it is they who Permanently Enslaved the American people in perpetual debt and constant devaluation of the Dollar.
See Bretton Woods and the Gold Standard
Think ahead, don’t wait till 40 yrs later and say; “If only I had......”
Running up debt to become a highly paid doctor or maybe a mba -makes sense. Debt to learn a good trade can make sense. Debt to take 4 or 7 years of sociology or 13th century Turkish lesbian liberation poetry? Less so.
https://www.zerohedge.com/news/2018-04-28/end-our-empire-approaches
“None are so hopelessly enslaved as those who falsely believe they are free.”
~ Goethe
A person in debt is a person controlled. But they think it was their own decision. Hence the Goethe quote above. A nation in debt is a nation controlled. The debt trap is especially insidious, and it relies on the illusion of free will combined with the full weight of ‘the law.
Did he vote for Obama twice?
Cry me a friggin river.
The radical social change that is needed to correct this problem is itself not radical.
1) States need to “burst the education bubble”, by returning to the idea that state subsidies to colleges are *solely* so that graduates can make more money than high school graduates.
Thus, no longer subsidize degrees and classes with low or no job placement within six months after graduation. Then forbid such degrees and classes from being funded by student loans. They can only be paid for in cash from the bank accounts of either the student or their parent or guardian directly, not from any student loan organization.
So, if students want a nonsense degree, and are willing to evade these protections to get it, it is solely their own fault.
2) All minor children must be provided at least three hours a week of chaperoned, cross gender socialization, in which they cannot self segregate, nor be permitted to carry out focused individual tasks or self isolation. Chaperoning does not mean close supervision or directed activities other than at a basic level. The idea is that boys and girls must act in cooperation with each other, and get to know each other in the process. Bad or impolite behavior will not be tolerated.
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