Sunday, April 4, 2010

The Dangers to Gen-Y and the 21st Century Generation

EVERY GENERATION has had its OWN STUPID TIME-WASTING FADS AND PECULIARITIES; so tattoos, living with parents, facebook, twitter and digital gaming are not any worse than comparable signatures of previous generations.
The real dangers for Gen-Y (Millenniums) and those born in the 21st century (Gen-Debt) are:
- a decline in engineering and science education at every level when the Untied States has led the world in economic growth and standard of living for a hundred years through science and engineering in a free market system,
- teachers unions driving mediocrity in education and opposing such advance as charter schools which particularly help inner city kids,
- the welfare system expanding under Johnson that has created a perpetual poor class,
- the potential for government run socialized medicine promoting mediocrity and rationing of health care with huge annual increases in national debt,
-the out-of -control growth of government jobs, benefits and pay relative to private sector jobs, benefits and pay again promoting mediocrity and more national debt,
-the swing toward government backing the majority of mortgages, Fannie Mae and Freddie Mac, started under Carter, enhanced under Clinton and being the dominant mode of financing under Obama, again promoting defaults and more national debt,
- the de-regulation of the banking investment industry under Clinton and then Barney Frank and Chris Dodd blocking reform for a decade, promoting economic chaos and leading to the economic meltdown in 2008,
- the corruption in Congress, particularly for the past decade, that has made deficit spending, bribery and pork a way of life creating more national debt,
- the potential government takeover of all energy production and costs which would essentially mean a takeover of the entire economy by government which has never run anything successfully, which is destined to decrease the standard of living and increase taxes,
- the "spread the wealth mentality" of the socialist Obama which is a killer of innovation, individual responsibility, investment for job growth and risk taking by entrepreneurs, leading to perpetual high unemployment and a decline in standard of living,
- the deadly threat from Islamic Terrorism which the current administration fails to acknowledge that could bring disaster to the United States.
NONE OF THIS IS BEING CONTROLLED BY GEN-Y OR THE GEN-DEBT; THEY WILL JUST HAVE TO LIVE WITH THE CONSEQUENCES.

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