Tag Archives: Millennials

the Long March Has Paid Off: Millennials Love Socialism, by Onar Am

When it comes to that bracing sting of socialism, when the government takes from those who produce and redistributes to itself and its favored beneficiaries, most millennials must believe they’ll be favored beneficiaries. From Onar Am at libertynation.com:

According to a new poll conducted by the Victims of Communism Memorial Foundation, 70% of millennials would likely vote for a socialist candidate. Furthermore, 19% of them see The Communist Manifesto as a surer guarantee of freedom and equality than the Declaration of Independence. 15% think that the world would be a better place if the Soviet Unionstill existed.

The Conundrum

To many, this may come as a shock. Socialism has failed wherever it has been tried and communism has cost the lives of more people than any other ideology in a comparable amount of time. Historical circumstances produced a near-perfect scientific test of the system in the 20th century. In every case, communism failed – ending in a bloodbath, regardless of race, ethnicity, culture, and development stage.

Simultaneously, near-capitalist societies were tested with those same ethnicities and cultures: East- versus West-Germany, North- versus South-Korea, and Hong Kong versus mainland China. The outcome was as conclusive and decisive as any social experiment could ever get: While capitalism lifted people out of poverty and created largely stable and prosperous societies, communism produced murderous and oppressive hellholes from which people desperately tried to flee.

Given the massive evidence of the positive effects of capitalism and the disastrous results of socialism, a resurgence of communism should have been impossible. How could it happen?

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The Mafia is Disappointed . . . in Millennials! by Eric Peters

I’m a sucker for any article with “Mafia” in the title. From Eric Peters at ericpetersautos.com:

The insurance mafia just conceded the obvious – that sssssssaaaaaaaaaaaaaafety systems are dangerous – and then faulted people for disabling them.

A PSA created by the Liberty Mutual “family” – listen to it here – says that many drivers are “not embracing”  technologies such as Lane Keep Assist, Automated Emergency Braking – and so on – “due to their distracting sounds and lights.”

Italics added.

We truly live beyond the looking glass.

In the same mouthful, the soy boy consiglierieof the “family” who did the voice-over for the PSA admits that it is “distracting” – and distractions are unsafe – but bemoans the fact that drivers are taking steps to turn off these distractions.

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Mauldin: Social Security Is Screwing Millennials, by John Mauldin

The older generations like to rag on millennials, but spend little time thinking about the ways it’s indubitably screwing them, even though the screwees may be their own children or grandchildren. From John Mauldin at realinvestmentadvice.com:

Social Security is a textbook illustration of how government programs go off the rails.

It had a noble goal: to help elderly and disabled Americans, who can’t work, maintain a minimal, dignified living standard.

Back then, most people either died before reaching that point or didn’t live long after it. Social Security was never intended to do what we now expect, i.e., be the primary income source for most Americans during a decade or more of retirement.

Life expectancy when Social Security began was around 56. The designers made 65 the full retirement age because it was well past normal life expectancy.

No one foresaw the various medical and technological advances that let more people reach that age and a great deal more, or the giant baby boom that would occur after World War II, or the sharp drop in birth rates in the 1960s, thanks to artificial birth control.

Those factors produced a system that simply doesn’t work.

A few modest changes back then might have avoided today’s challenge. But now, we are left with a crazy system that rewards earlier generations at the expense of later ones.

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When Idiocy Becomes Hardwired, by Jeff Thomas

Is there a point of no return in which people become so stupid that no amount of experience and education can retrieve their minds? From Jeff Thomas of internationalman.com:

At this point, virtually all of us over the age of forty have encountered enough “snowflakes” (those Millennials who have a meltdown if anything they say or believe is challenged) to understand that, increasingly, young people are being systemically coddled to the point that they cannot cope with their “reality” being questioned.

The post-war baby boomers were the first “spoiled” generation, with tens of millions of children raised under the concept that, “I don’t want my children to have to experience the hardships that I faced growing up.”

Those jurisdictions that prospered most (the EU, US, Canada, etc.) were, not coincidentally, the ones where this form of childrearing became most prevalent.

The net result was the ’60s generation – young adults who could be praised for their idealism in pursuing the peace movement, the civil rights movement, and equal rights for women. But those same young adults were spoiled to the degree that many felt that it made perfect sense that they should attend expensive colleges but spend much of their study time pursuing sex, drugs, and rock and roll.

Flunking out or dropping out was not seen as a major issue and very few of them felt any particular guilt about having squandered their parents’ life savings in the process.

The boomer generation then became the yuppies as they hit middle age, and not surprisingly, many coddled their own children even more than they themselves had been coddled.

As a result of ever-greater indulgence with each new generation of children, tens of millions of Millennials now display the result of parents doing all they can to remove every possible hardship from their children’s experience, no matter how small.

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Corporations Suddenly Realize That Once-Coveted Millennials Are A “Screwed Generation”, by Tyler Durden

Everybody wants to market to millennials, but they don’t have very much money and many of them have substantial debt. From Tyler Durden at zerohedge.com:

Right now, millennials represent the largest single consumer group in the United States: they number 83.1 million and they represent a full quarter of the US population. When it comes to corporations targeting consumers, millennials are at the top of the list for those obvious reasons, according to a new article by Adweek. But now, generational expert Alexis Abramson, who has 25 years experience in the field, is claiming that corporations aren’t getting the ROI that they anticipated from millennials.

“There was a great deal of interest [in millennials], but there wasn’t as much due diligence around that group,” she said. “We’ve generalized them as a certain type of person, [but] the reality is the rubber is meeting the road. Companies are starting to understand, ‘Wow, we’re not getting the ROI we thought we might’.”

Her analysis is part of a growing group of evidence that suggests that millennials haven’t been the consumer boon that many corporations expected them to be. Their appeal remains that they are digitally native, mobile oriented, media savvy, politically progressive and well educated. But there’s just one problem: almost none of them seem to have the inly asset corporations care about: disposable cash.

This is one of the top takeaways of a brand new study from Deloitte’s Center for Consumer Insight, which surveyed over 4,000 American consumers to determine their current consuming habits. The survey found that since 1996, the average net worth of consumers under 35 has dropped by an astonishing 35%.

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The only options for Illinois millennials: fight or flight, by Ted Dabrowski and John Klingner

We are going to be seeing a lot of stories like this in the not very distant future. From Ted Dabrowski and John Klingner at wirepoints.com:

Don’t expect Illinois millennials to ignore the state’s collapsing finances for long. They’ll soon be asked to bear more and more of the financial and economic costs, from higher taxes to diminishing job prospects to cuts in funding for their kids’ schools. That’s when Illinois’ millennials will either fight back, as they’ve done on many national issues, or they’ll simply leave the state. It’s that simple.

A first sign of that fight came in a recent Crain’s opinion piece – A millennial’s call for fiscal sanity in Illinois. The author Thomas Dowling says “Our generation’s economic future will largely depend on Gov.-elect Pritzker’s ability to balance the state budget, which means solving the state’s pension crisis.”

Dowling seems to get how bad things are. He realizes that even the best-case pension scenario will still be painful for everyone. “Even with reform, residents under the age of 30 – my peers and the children of many of Pritzker’s transition team members – will pay for their parent’s unfunded liabilities for the rest of their lives. We will face the consequences of higher taxes and reduced government services. We are the ones that will shoulder the $129 billion for the foreseeable future.”

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Liberal Millennials, Not Surprisingly, Fail At Sex Too, by Kurt Schlichter

A fair number of millennials, male and female, regard males and masculinity as something deviant, criminal, and just plain wrong. Because no one’s figured out how to have children without males, this conception (pun intended) of men poses problems for procreation and the birth rate. From Kurt Schlichter at theburningplatform.com:

According to the Atlantic, where I go for all my erotic 411, millennials lost the sexual revolution and they didn’t even fight in it. Why Are Young People Having So Little Sex?it asks in its latest cover story. Sheesh, just look at them.

I guess what they desperately need is some advice from a retired Army guy in his 50s, because this retired Army guy in his 50s has demonstrated that he gets it done while those goofs half his age are swiping left toward eterna-celibacy.

Now, the fact that millennials are failing to reproduce would superficially seem like a good thing, but it is probably a bad thing for society when the younger generation is more interested in Instagram and Fortniteand endless adolescence than in doing the hard work of making babies and, you know, perpetuating the species.

Probably.

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