Monday, March 28, 2016

Millennials being duped by ignorance

Millennials being duped by ignorance

If millennials were the key to President Barack Obama’s election in 2008, as USA Today stated recently, and if millennials are now strong supporters of Hillary Clinton or avowed socialist Bernie Sanders, then the rest of us have some serious questions for them.
Since none of them was alive during the past 75 years to experience how the United States grew to become the undisputed richest, most advanced country on the planet, we should ask them how they believe this wealth was produced.

After all, they have only lived through a recent short period where our national debt has more than doubled to $19 trillion.
  •         Can they write a paper explaining how free enterprise has worked?
  •         Are they aware of the Union of Soviet Socialist Republics (USSR)?
  •         Where do they think the law of supply vs. demand came from?
  •         Whom do they believe will be responsible for paying our debts?
  •         Do they realize that they will be living when Social Security is broke and when 100 percent of our national income must be spent just to pay the interest due on our borrowed money?
  •         Can any of these people even write the number one trillion?

·       Have any of them considered that in order to pay down $19 trillion in debt, it would take 600,000 years at $1 per second, or 600 years at $1,000 every second?

Most of us will be in the ground when the financial upheavals occur (we were the ones footing their bills). Will millennials then rejoice because they got free college and free health care?

Will they feel good about themselves because there are no more rich people and everyone is now equal? Do they believe that other countries will come to their rescue, because the U.S. rescued so many poor people over the previous 50 years? Will they feel good that their diverse country no longer dominates the planet? Are they prepared to live off the land? Who will protect them?

American politicians are not stupid. They have learned that they must promise the most government assistance to the most voters in order to get elected and reelected by typical U.S. educated voters who inherited their wealth and cannot stop spending it because it makes them feel good. All any politician needs to do in order to lose their government job is to tell the truth about our predicament and hint at reducing government spending. Do they believe Clinton will do this?

Are millennials buying U.S.-made electronics or clothing and driving cars made 100 percent in this country?

Most U.S. shoppers look for the best value for their money. They are the ones who send jobs out of the country, not the companies that attempt to remain viable suppliers to their customers while meeting their payroll and maintaining their stock’s value so that 401(k)s and investors do not lose their savings.

Have any millennials benefited from using the cheap labor of illegals who are not bound by our minimum wage laws nor by our Equal Employment Opportunity Commission, workman’s compensation, Occupational Safety and Health Administration, maternal leave and the other laws with which any U.S. company must comply?

I believe that when millennials finally come to the realization that they have been duped into killing the goose that laid the golden eggs, they will look back and assign blame to their educators who failed to explain basic economics and the natural law of supply vs. demand.

I am just as certain that personal responsibility will not be part of their discussion.

Personal responsibility has been swept under the table since another group said, “If it feels good, do it,” and “Don’t trust anyone over 30.”

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