- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The Next Recession Will Destroy Millennials
Posted on 8/27/19 at 8:24 am to OleWarSkuleAlum
Posted on 8/27/19 at 8:24 am to OleWarSkuleAlum
quote:
This improves our society’s productivity and thusly it’s standard of living.
for the sake of argument i'll assume this blanket statement is true, that doesn't mean that millenials aren't the generation feeling the brunt of this major societal change. somebody has to feel the negative effects of this crunch and it is millenials
there is a major mass of frick on a course of destruction in this country and it is the boomers. once they all die off things will be able to reset somewhat. however, the generations who will have to deal with all the negative externatlities of this clogged artery are the young gen x, millenials, and older gen z.
for example, SS/Medicare. the system will not be able to handle the boomers clogging up the dole, but once that large mass dies we can afford SS/Medicare again. however, who will be funding this blight on our society for decades? the lost generation
Posted on 8/27/19 at 8:27 am to SlowFlowPro
quote:
for example, SS/Medicare. the system will not be able to handle the boomers clogging up the dole, but once that large mass dies we can afford SS/Medicare again. however, who will be funding this blight on our society for decades? the lost generation
I was born in 1979, and the first thing I was told when I entered the full time work force was not depend on social security for my retirement, because it wouldn't be there.
We all knew entitlements were a problem, but politicians, regardless of their generation, have been too gutless to fix it, and some of us (fellow citizens of mine) are too dependant to want it fixed.
This post was edited on 8/27/19 at 8:28 am
Posted on 8/27/19 at 8:36 am to SlowFlowPro
quote:
for example, SS/Medicare. the system will not be able to handle the boomers clogging up the dole
Those programs are not entitlement programs, or weren't intended to be. Both were programs that an employee paid into for future retirement benefits. Allowing funds to be redirected to other programs and systemic abuse of the programs has turned them into something else.
Posted on 8/27/19 at 8:39 am to SlowFlowPro
Further, the focus on medical care shouldn't be how to pay for it. The problem with the medical/pharma industry is price. Fixing that would drastically improve everyone's standard of living.
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)