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Posted on 3/31/19 at 2:46 pm to kingbob
quote:
Thank goodness Boomers never had to deal with total war either. They clearly didn’t have the stomach for it in Vietnam
It's foolish and societally counter productive for people to divide up into Groups that blame or compete with each other for Government, economic favor. Once Government becomes the Arbiter of monetary affluence, guess what...ALL people become equal to their fair share...merit, nws. That is where we are headed. That is what the Egalitarian Axiom morally demands.
Humanity is on the cusp of discovering technologies that will have the potential to award freedoms and prosperity never before imagined. Civil and stable society is the basis for that. And as such, it is both a moral and practical impetus that Humanity share these Knowledge-based rewards in ways that will strengthen societal (inherent social contract) bonds. It behooves Millenials to put their hands/brains to the research/development plow, and get with it. As opposed to wasting time on academic 'social studies' degrees, many of the which are Marxist Ideological apologetics.
Bottom line. As long as people (their ability) are unequal...so will their ability to be affluent be. That is Mother Nature 101; survival and prosperity of the FIT(EST). And just like with Socialism, the day that an extraordinarily productive Individual's labors goes into the common kitty for Government (re)distribution to subsidize unproductive individuals, is the day that society loses the productivity of the productive citizen, and gains a lot of irresponsible/unproductive citizens. The productive will lay down and coast, just like their (unproductive) brethren.
QUALIFIED Subsidization is the only possible just and practical Government mechanism which is applicable toward our future. Outside of basic moral and practical Qualifiers being applied, and AGREED UPON by them who demand or vote for such (collective subsidization) as a moral right, become immoral, and the 'two wolves' opposed to the sheep voting on what's for dinner. And once the (economic) sheep is gone, the wolves do what wolves do.
We are headed to Authoritarian Governance. Top Down. Wisdom should rule; not the 'mob'. Just a matter of acknowledging the Principles which will govern...the Government, and jumping the transition hurdle (crash/reboot, "fundamental transformation") therein.
50/50, on a wisdom-based transformation, as opposed to the historical version.
Posted on 3/31/19 at 3:24 pm to RCDfan1950
quote:
The Dems crashed the housing market (the economic foundations which financed it) by passing egalitarian law which forced said Institutions to make bad loans to people that could not really afford houses.
But the boomers still had to take out home loans that they couldn't afford, much like millenials still had to take out student loans that they couldn't pay back. It's the same concept. Who gets the blame? The government for making the loan available, or the individual who takes it out? Both?
That said, I would argue millenials were in a more vulnerable position. Student loans were a lot easier to obtain that even mortgages. It was basically a blank check with no underlying asset. And the government was responsible for a much greater percentage of them. And you can get them when you are a penniless 18 year old.
If millenials are to blame for their student loans, then boomers are to blame for the housing crisis. Can't have it both ways.
This post was edited on 3/31/19 at 3:31 pm
Posted on 3/31/19 at 3:42 pm to RCDfan1950
Out breed? Sure, on medicaid. Outwork? No. Work for wages that give you a marginal boost over your previous third world standard of living? Sure. That's what future Americans are competing against... The tolerance to have the standard of living marginally better than a shift hole country.
That is why the border must be closed. That is why immigration must end.
That is why the border must be closed. That is why immigration must end.
Posted on 3/31/19 at 3:46 pm to RCDfan1950
quote:
Across the spectrum, there is no way that Millennial numbers could be found to man up and pull a Normandy Beach invasion. Or sustain the trek across Europe or the Pacific, that 'the greatest generation' did. They don't have the metal.
What are you talking about? High quality American steel is coming back.
Posted on 3/31/19 at 3:59 pm to volod
quote:Correct. So again... why should being mediocre (having a college degree) imply one should expect to enjoy elite success?
Competitively, businesses are MUCH more selective regarding degrees
...
This is because degrees are plentiful now versus back in past when they were more scarce.
Posted on 3/31/19 at 4:02 pm to davyjones
quote:I worry about this with my daughter. She came along after all the hard work. She’ll never see that. And I worry her expectations willl be that life is as easy as mine is today. It wasn’t always this way. Hard to teach that I think.
The 40 to 45 ur old parents of 18 ur old and such, generationally speaking, have had these same issues. That's what Ive noticed amongst my peers anyway.
Posted on 3/31/19 at 4:40 pm to cahoots
quote:
But the boomers still had to take out home loans that they couldn't afford, much like millenials still had to take out student loans that they couldn't pay back. It's the same concept. Who gets the blame? The government for making the loan available, or the individual who takes it out? Both? That said, I would argue millenials were in a more vulnerable position. Student loans were a lot easier to obtain that even mortgages. It was basically a blank check with no underlying asset. And the government was responsible for a much greater percentage of them. And you can get them when you are a penniless 18 year old. If millenials are to blame for their student loans, then boomers are to blame for the housing crisis. Can't have it both ways.
Call me a conspiracy nut, c, but Govt. backed college loans=impetus to attend colleges that push the Government (Leftist) Ideological principle. Paid for brainwashing, with the hope of a Government job.
It would be definitive to see the number/kind of degrees that the colleges turned out in the last two decades. And where those graduates got hired. I'll bet a ton were in the Government sector; and many hires along Minority-based criteria.
Are you familiar with the 'bad paper' loans; a lot were made to people on welfare. Fair minded...but impractical.
Admittedly, I don't know the rate of Boomers who defaulted; or to what degree they took out loans they really couldn't afford. I suspect that a lot built/rebuilt up, thinking that the housing bubble was a sort of guaranteed investment opportunity.
IMO, I do believe that Millenials "have it harder" than the Boomers did. Post WWII economy boomed and 'success' was virtually guaranteed...families were stable/less divorce and child psychoses...and times were just flat out slower. People communicated face to face...not on a phone. Of course, my experience was rural; but my wife lived in the city, and she says the same.
There are consequences re more 'affluence'. Affluence...ain't necessarily conducive to love. All depends on the Values one serves. Live and learn. We'll throw mud on the wall and move up.
Posted on 3/31/19 at 4:48 pm to Boatshoes
quote:
Out breed? Sure, on medicaid. Outwork? No. Work for wages that give you a marginal boost over your previous third world standard of living? Sure. That's what future Americans are competing against... The tolerance to have the standard of living marginally better than a shift hole country.
In my opinion, you are limiting the impact of your assessment by only considering first generation illegal immigrants. The next generation is fully at home here and able to make the most of their opportunities. They are getting higher education and are competing directly with millennials for professional jobs. They are even doing it in a responsible way, often limiting the financial impact by going to community colleges for the first two years, leaving them with much less long-term debt.
ETA: And they continue to live responsibily within their means by saving shitloads of money by buying that ugly 1985 split level that needs a little work. These are the wise financial decisions that are lost on a wide swath of the American native-born population, no matter the generation.
This post was edited on 3/31/19 at 5:06 pm
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