Scott, your insight is great, but all the items you tick off really devolved to the same entity. Risk. The youth and Baby boomers are really risk averse as a whole. There are many who are job creators, who have gambled and struggle every day to remain viable if not massively successful.
As a nation we have shied away from that, and instituted the assurance of vastly reduced risk in life. Go to college, somehow it will be paid for. Even if you screwed around horridly in secondary school, we will find a way for you to reap rewards you have not earned. Take on the debt, of a house, a degree, a lifestyle beyond your means, there will be no Piper to pay, as we have removed the eventual pain. Soon maybe even death will be vanquished. We will allow you to destroy your financial future in an attempt to keep you alive by treating your cancer or lifestyle disease, so worry not about the bottle of booze, the cases of smokes, the triple bacon cheez burgers, the hours spent on you butt in front of the massive TV you could not really afford, while you consume cable tv you also can not afford. The reduction of risk is counter evolutionary. We are no longer weeding out the lesser qualified and encouraging the defective to increase in population. In nature there are boundaries, and you end up with a boom and then a crash. We think we are moderating that, but in reality, we are stoking the boom which will one day exceed our ability to feed that cancer and it will wipe out, much as our current wild fire policy, that which is was attempting to protect. The housing bubble did not result in all that much pain. Nobody died. Some lost homes, but the increase in homeless did not spike, the people moved into subsidized housing of some sort, be it parental homes, or socialized. This lack of life and death results has robbed the people of the joys and passion of being alive. If we must have Manna from heaven, at least we should be forced to wander the wilderness for two generations before we are allowed to find a home. With four generations of socialism, we are going to have a massive crash, much as the soviets did when their experiment toppled. clay On Jun 11, 2013, at 1:08 PM, Scott Ritchey wrote: > > MAO: I can't speak to your experience. But there are several factors here. > > Expectations: I see too many kids today (including my step children) that > expect to live as well as their parents and they want it all NOW. They do > not (or will not) understand that their parents lived for decades with one > junker car, no air conditioning, no cable or color TV or internet or cell > phone, almost never ate out, almost never made or got long distance calls, > and lived in a rented two room apartment or a room in a boarding house. And > this was after serving years in the military, living in a barracks. But > kids today are convinced that they need all the conveniences that the older > generations spent their whole lives building and saving for, they are > convinced they are entitled to all this stuff, right now, and the businesses > and credit agencies are all too eager to let them have it as they get in > debt over their heads. By the way, this includes college: they wabt it, > they think they need it, they aren't willing to work for it, but they are > willing to go into debt for it. > > Second, productivity: The value of whatever you produce must exceed the > value of whatever you consume. Otherwise you are digging the debt hole > deeper, one way or another. With all the laws, regulations, environmental > restrictions, unions, cronyism, etc. in the US, it's almost impossible for > an American to be as productive as a Chinaman, an Indonesian, an Indian, > etc. Our steel mills are gone, little manufacturing remains, mineral > exploitation is fraught with environmental barriers, etc. US agriculture is > doing OK but it employs very few people and the work is harder than most > native=born Americans are willing to do. Bottom line, we as a country are > doing exactly the same thing the young kids are doing: we are borrowing > without limit to support a lifestyle we haven't earned. > > On college: college costs are out of sight. Why? Supply and demand. With > federal loans the demand is huge and the supply is limited. The colleges > know that (with federal $$) the students (and taxpayers) will pay whatever > it costs. There is no incentive to control cost. In fact, the opposite is > true: a more costly school is viewed as more exclusive and therefore, > better. > > Finally, on jobs: Jobs are created by job creators. These are people that > take great personal risk in hopes of an eventual reward. Most of these > folks fail, often repeatedly. If that's not enough reason to abandon this > effort, we have as a nation created a social, regulatory, and tax > environment that punishes the successful job creator. So when you ask: > where are the jobs, just remember who killed them. It's the same story as > he goose that laid the golden egg. > > > _______________________________________ > -----Original Message----- > > Scott wrote: >>> I don't know about starving, but there are a lot of younglings out there >>> that need to be told (or retold) that the world does not owe them a >>> living. >> > Then Mountain Man wrote: >> I think that is a gross mis-characterization. >> I think the other gross mis-characterization is that many have school >> loans that are fundamentally discouraging. And there are many who >> realize that nothing will ever get them to decent wage or position. I >> always thought I could get to decent wage or position but didn't. >> Grunt in professional firm is all that math/physics got me. I did >> enjoy making younglings and living. So, ya 'spose I told my kids >> coledg is all important? - not by my experience. >> mao > > > > > > _______________________________________ > http://www.okiebenz.com > For new and used parts go to www.okiebenz.com > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
