Tag Archives: Millennials

Socialized Medicine: A Dose of Reality, by Ileana Johnson

Too bad college kids in favor of socialized medicine can’t be given a one-way ticket to a country with socialized medicine when they’re sick. From Ileana Johnson at thegatestoneinstitute.org:

  • Although Britons do have affordable access to primary-care doctors, and everyone in the UK is covered through high taxes, they are subjected to extensive waiting periods for specialists, surgeries and hospitalization. The fact is that many patients die waiting for treatment.
  • Rather than rejecting the basic free-market principles of the US economy — as a 2016 Harvard University survey found that most do — young Americans would do well to ask themselves why it is that so many people from countries with socialized medicine flock to the United States for treatment.

According to a recent Pew poll, support for universal health care, provided and paid for by the federal government, is higher among American millennials than among older generations. Young Americans seem to believe that socialized medicine is a “cure-all” for health-care ills in the United States, as it ostensibly is elsewhere, such as Canada and Britain.

Unfortunately, there are facts that would appear to put this fantasy to rest by the facts — for instance, the tragic and untimely death of a 20-year-old British woman in her dorm room last March. Victoria Hills, a first-year student, died of an ear infection, after “postpon[ing] visiting her campus general practitioner because her student loan had not come through and she couldn’t afford the prescription.”

There seems to be a myth that all medical care, procedures and drugs are free under a socialized system. Although Britons do have affordable access to primary-care doctors, and everyone in the UK is covered through high taxes, they are subjected to extensive waiting periods for specialists, surgeries and hospitalization. The fact is that in the West, as the ability of physicians to provide services becomes stretched, many patients die waiting for treatment.

To continue reading: Socialized Medicine: A Dose of Reality

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Children Learn What They’re Taught, by Robert Gore

Karl Marx

Many millennials embrace Marxism. So do their parents and grandparents.

From the millennials’ abilities will supposedly flow the wherewithal to fund “needs”: their elders‘ entitlements, debt, and ever-expanding blob of a government. Horror of horrors, polls and studies indicate that many millennials are embracing Marxism: they want somebody to fund their “needs”! Where did they learn this nonsense?

It must be those left-wing, snowflake sanctuary, social justice warrior haven, gender-bending colleges and their washed up Marxist professors. This is America, where everyone stands on their own two feet. That’s not how they were reared!

Except it is how they were reared. Good parents know their kids pay more attention to what they do than what they say. America has been slouching towards collectivism for decades. This bipartisan trend has been differentiated only by the hypocrisies the red and blue teams peddle. Regardless of what’s said, this country does statist collectivism. That anyone should express surprise or dismay that the young embrace collectivism betrays self-serving delusion that only fuels their cynicism.

Believe it or not, a fair number of millennials are reasonably well-informed. They just don’t get their information from their parents’ and grandparents’ favorite hypocrisy peddlers. The median age of Americans watching CNN, MSNBC, and Fox News is over 60, with Fox the most geriatric at 68.

The younger set watches a lot of videos, some from consistently ideological sources but many representing eclectic viewpoints that can’t be pigeonholed. Between the internet and their own experiences, the millennials are getting a pretty good idea of what the future holds, even if they don’t know the current vice-president or America’s allies in World War II. The future, after all, is far more relevant to them than Mike Pence or a war 72 years past.

Local, state, and the federal government spend over 35 percent of the GDP. Taxes paid skew heavily towards the most productive under our progressive tax regimes; that’s where the money is. Around half the population receives some sort of largess from one or more governments. From each according to their ability to each according to their need. However, need doesn’t carry the same requirement of deprivation that it did when the welfare state got rolling during the New Deal.

The needy still include those true tales of woe invariably cited by welfare state fans. But they also include relatively affluent Social Security and Medicare beneficiaries receiving far more than they put in. And tax-funded professors, administrators, and athletic coaches drawing fat salaries at public universities. Let’s not forget legions of other government employees, whose average pay, retirement pensions and medical benefits exceed those of their private sector brethren who support them. Then there are the hordes of contractors, lobbyists, and other teat-suckers who cluster around Washington D.C. and state capitals like flies cluster around particularly redolent corpses and turds.

Communist commissars—the “needy” class in the old Soviet Union that actually got most of the loot—never had it so good. For all their tax-looting, America’s commissars still spend more than they take in, so they’ve placed a huge claim on future production: debt and unfunded pension and medical promises. Even some of the dimmer millennial bulbs recognize who gets to pick up those collectivized obligations. That’s in addition to their not inconsequential student loan debt. The more astute realize that this mound of obligations has something to do with the anemic economy and dismal job prospects.

History demonstrates that collectivist regimes which stifle economic and political freedom often turn to war, plunder, and empire building to mask their repression and failures at home. Doesn’t that describe the US government to a tee? It has military bases and deploys special operations forces all over the world. In the name of global order and fighting terrorism, it has engaged in more wars this century than any other government. To instill domestic “order,” the national security state surveils everyone, including a president-elect, and subverts the press.

Not only do wars add a lot of chits to the debt pile, but guess which generation gets to fight them? Not that the military is having trouble filling its ranks. It offers steady jobs with good benefits—hard to find in the private sector—for those who avoid getting killed or maimed.

It takes a while for those millennials who find their way into the private sector to discover how thoroughly it is dominated by the public sector. The meddling, stifling, counterproductive hand of government weighs on every important economic activity. In some jurisdictions kids can’t even sell lemonade without a permit. It takes time, experience, and investigation to discover another truth: regulation protects the entrenched and stifles the new and innovative.

The apotheosis is finance and banking. Central bank debt monetization and interest rate suppression promote government debt and add to the millennials’ load. The Fed is owned by the banks, buys their securities, promotes their cartel, and acts as their agent in Washington. Cheap money drives up the price of financial assets, which millennials by and large don’t own. Reams of legislation and regulation not only make it difficult to impossible for competitive new entrants, but are explicitly designed to ensure that members of the old guard don’t fail. When they nevertheless fail, they get bailed out.

It is the intellectual crime of the century to call this bastardized state of affairs capitalism or freedom. Capitalism—investment, production, and voluntary exchange—is what people do when they’re left to their own devices and are free to pursue their own legitimate interests. It was dealt a mortal blow in 1913 with the establishment of the central bank and income tax, and buried in the New Deal. It’s no surprise the left falsely labels the grotesque and failing mixed economy capitalism. It’s every failure can be ascribed to capitalism and used as a justification for more government.

What’s revolting is the rhetoric of capitalism’s so-called defenders. Conservatives ritualistically praise a “free market system” that hasn’t existed for decades. It’s useful cover: invoke the free market while supporting and profiting from collectivist skims and scams. From the dwindling ranks of true entrepreneurs and honest businesspeople the rhetoric snares some of the more gullible. However, even when the red team has full control of the government, it just keeps getting bigger, more intrusive, and more powerful, reminiscent of communism.

At root, the conservative problem with capitalism is the phrase, “free to pursue their own legitimate interests.” The second law of government is that you can do almost anything to people if you tell them you’re doing it for them. (The first law of government is nothing succeeds like failure.) Liberals and conservatives alike pose as benefactors. A system based on freedom and self-interest—capitalism—obviates that pose. Ostensible benefactors can’t use government and other people’s money to bestow their “munificence,” extract their rents, and grasp their power. In part it explains the vitriolic hostility of both sides towards Ayn Rand, who extolled freedom and rational self-interest and condemned coercive altruism.

Millennials would be best advised to fight for their and others’ right to their own lives. Unfortunately, millennials learn what they are taught, and cutting through all the hypocrisy, the lesson plan is collectivism. As are the generations preceding them, millennials are collectivists. The only difference is they want to be the ones doing the collecting.

The Individual, Not the Collective

AMAZON

KINDLE

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Doug Casey on Why Millennials Favor Communism

Here is the short answer: because they are uneducated and what passes for the education they have received has corrupted them. From Casey at caseyresearch.com:

Justin’s note: Communism is better than capitalism.

At least, that’s what a growing number of young people in the U.S. think.

I wish I were joking. But a recent study from the Victims of Communism Memorial Foundation, a D.C.-based nonprofit, found that half of the millennials it surveyed would rather live in a socialist or communist country than a capitalist society.

And 22% of those surveyed had favorable views of Karl Marx… while 13% viewed Joseph Stalin and Kim Jong-un as “heroes.”

To figure out what’s behind this disturbing trend, I called Doug Casey…


Justin: So Doug, about half of U.S. millennials would rather live in a socialist or communist country… What’s gotten into the youth?

Doug: The youth are being corrupted, and it’s more serious than ever.

I say that a bit tongue-in-cheek, however.

That’s because one of the two charges against Socrates when he was executed in Ancient Greece was corrupting the youth. Older people always think the youth are foolish, ignorant, lazy, crazy, and generally taking the world to hell in a handbasket. And of course many of their charges are, and always have been, true.

But as kids get older, they generally get wiser, more knowledgeable, harder-working, and more prudent. Nothing new here. The world has survived roughly 250 new generations since civilization began in Sumer 5,000 years ago. And it will likely survive this one too.

That’s the bright side. And, as you know, I always look on the bright side. But, on the other hand, the American university system has been totally captured by Cultural Marxists, socialists, statists, collectivists, promoters of identity politics, and people of that ilk. These people hate Western Civilization and its values, and are actively trying to destroy them.

To continue reading: Doug Casey on Why Millennials Favor Communism

Undoing the Dis-Education of Millennials, by Adam J. MacLeod

A law school teacher sets himself a monumental task. From Adam J. MacLeod at newbostonpost.com:

I teach in a law school. For several years now my students have been mostly Millennials. Contrary to stereotype, I have found that the vast majority of them want to learn. But true to stereotype, I increasingly find that most of them cannot think, don’t know very much, and are enslaved to their appetites and feelings. Their minds are held hostage in a prison fashioned by elite culture and their undergraduate professors.

They cannot learn until their minds are freed from that prison. This year in my Foundations of Law course for first-year law students, I found my students especially impervious to the ancient wisdom of foundational texts, such as Plato’s Crito and the Code of Hammurabi. Many of them were quick to dismiss unfamiliar ideas as “classist” and “racist,” and thus unable to engage with those ideas on the merits. So, a couple of weeks into the semester, I decided to lay down some ground rules. I gave them these rules just before beginning our annual unit on legal reasoning.

Here is the speech I gave them.

********************************

Before I can teach you how to reason, I must first teach you how to rid yourself of unreason. For many of you have not yet been educated. You have been dis-educated. To put it bluntly, you have been indoctrinated. Before you learn how to think you must first learn how to stop unthinking.

Reasoning requires you to understand truth claims, even truth claims that you think are false or bad or just icky. Most of you have been taught to label things with various “isms” which prevent you from understanding claims you find uncomfortable or difficult.

To continue reading: Undoing the Dis-Education of Millennials

The Problem With Millennials, by Bill Bonner

They’re a touchy bunch, many of the millennials. From Bill Bonner at bonnerandpartners.com:

DELRAY BEACH, FLORIDA – “What’s wrong with them?”

In front of us was a group of young women, tying their surfboards on top of their Jeep.

At first glance, nothing at all. They had come from a nearby surf camp and were enjoying a girls-only holiday.

Some were dressed in shorts and shirts… others, barely dressed at all.

One, standing on the doorframe, stretching to attach the surfboard to the roof, was a picture of health and pulchritude.

She caught our attention. At first, we thought she had forgotten to put on the bottom part of her bathing suit. Then we realized that she was wearing a “string” bikini, scarcely evident to the naked eye.

The skimpy outfits invited attention; but the looks we were getting denied hospitality. We wanted to stare; but we could only get away with a furtive glance.

“What are you doing here?” the scowls seemed to ask.

(It was a public beach. We were checking out the property next door, which is for sale.)

What gives? we wondered…

Whole New World

We have been talking about the future; it is not always better.

Sometimes, technology makes it worse. Sometimes government gets in the way. And sometimes, changes seem to take place with no apparent cause.

To put this into context, we were attending a business conference in Nicaragua; most attendees were in their 20s or 30s.

“You’ve got to be careful,” a colleague began. “It’s a whole new world. These young women have a much different attitude from the older women. They expect to be protected from everything. Including you.”

Your editor was briefly flattered. He’d begun to think he crossed into the age where a man is more likely to be an embarrassment than a threat.

“One of them… an attractive woman… and she wears attractive clothes… complained because the men in the office kept asking her on dates. She said it was a ‘hostile work environment.’”

“It doesn’t sound hostile to me,” we replied. “It sounds friendly.”

“You can’t joke about it,” our friend continued. “You can’t joke about anything.”

To continue reading: The Problem With Millennials

The Older Generations Are Now More Tech Savvy And Were The Secret Weapon Behind Donald Trump’s Campaign, by Stephanie Shepard

Has the older generation caught up with millennials and surpassed them in their supposed bread and butter: technology? From Stephanie Shepard at theburningplatform.com:

Yesterday I had to go to the AT&T store to activate my phone. Why? Because since the AT&T merger with DirecTV their website has become a cluttered cesspool of junk. That speaks volumes considering their website has always been bogged down with useless information. It took multiple search engine alterations to navigate their website to find the sim card activation page. After a few attempts of trying to enter my information I finally resigned myself to trudging to their store.

The only reason I even tolerate AT&T’s website is because I hate going to their store and dealing with my own age group. It might come as a surprise to many, but I can’t be bothered with Millennials working in tech stores. There’s too many haphazard sales pitches and bullshit techno worship from my own generation related to technology. I don’t care about the latest model of the exact same phone I already own because it’s a bit thinner or the screen is slightly wider.

But, this trip was different…

The AT&T store I went to was employed with middle aged women. After a quick scan I realized nobody behind the counter was under the age of fifty. The woman who entered my information was quick and efficient. There wasn’t any finger pecking on her tablet as I would’ve expected. She knew all the plans and the best way to set up my new account. I was out of the store in five minutes with no problems.

After I thought about it I wasn’t really surprised by this observation. Over the past few years I’ve noticed older generations have not only caught up to Millennials regarding technology, but have actually surpassed them in many ways.

That’s right. The Millennials are not the most tech savvy generation anymore. While we’ve been the early adopters over the past 15 years our elders have left us in the dust. Not only do they now understand the bells and whistles of new technology. They have the hard skills desperately need to put it to practical use.

To continue reading: The Older Generations Are Now More Tech Savvy And Were The Secret Weapon Behind Donald Trump’s Campaign

Millennials Are Abandoning the Postwar Engines of Growth: Suburbs and Autos, by Charles Hugh Smith

Millennials don’t want live off in the burbs, commute several hours a day, and buy lots of things on credit at the local mall. They represent a dire threat to the American way of life. From Charles Hugh Smith at oftwominds.com:

Where’s the growth going to come from as the dominant generation makes less, borrows less, spends less, saves more and turns away from long commutes, malls and suburban living and abandons the worship of private vehicles?

If anything defined the postwar economy between 1946 and 1999, it was the exodus of the middle class from cities to suburbs and the glorification of what Jim Kunstler calls Happy Motoring: freeways, cars and trucks, ten lanes of private vehicles, the vast majority of which are transporting one person.

Ol’ 55 (freeway cars and trucks) (written by Tom Waits, performed by The Eagles)

The build-out of suburbia drove growth for decades: millions of new suburban homes, miles of new freeways, sprawling shopping malls, and tens of millions of new autos, trucks, and SUVs, transforming one-car households into three vehicle households. Then there was all the furnishings for those expansive new homes, and the credit necessary to fund the homes, vehicles, furnishings, etc.

Now the Millennial generation is turning its back on both of these bedrock engines of growth. As various metrics reveal, the Millennials are fine with taking Uber to work, buying their shoes from Zappos (return them if they don’t fit, no problem), and making whatever tradeoffs are necessary to live in urban cores.

Simply put, the natural progression of this generation is away from suburban malls, suburban home ownership and the car-centric commuter lifestyle that goes with suburban homeownership.

Saddled with insanely high student debt loads imposed by the rapaciously predatory higher education cartel, Millennials avoid additional debt like the plague. Millennials have relatively high savings rates. As for a lifetime of penury to service debt–hey, they already have that, thanks to their “I borrowed $100,000 and all I got was this worthless college degree” student loans.

To continue reading; Millennials Are Abandoning the Postwar Engines of Growth: Suburbs and Autos