Is my generation screwed?

2008-10-14 21:57:43

#1

stryyker: bad touch; +1,682|6937|California

My opinion: Yes.

I'm just out of high school, almost half way into my freshman year of College, and on the prowl for a career.

These past months have got me worried. What is in store for the millions of kids like me? I want to raise a family in this world, if there will still be one left. I mean, almost all of the baby boomers will be retiring within the next 10 years, taking most of the nations retirement funds with them, along with social security, medical benefits, etc.

Not to mention this schenanigans of an economy "situation" the world has.

Now, I may not be as well versed in politics as the rest of you, but I know what I need to know for my future, and for the first time in my life.. I feel that there could be trouble just around the corner.

what are your thoughts?

2008-10-14 22:00:37

#2

Flaming_Maniac: prince of insufficient light; +2,490|6924|67.222.138.85

I know I'm going to get mine and tell anyone who wants to take it away to shove it.

There will be a crisis, there will be failed attempts to fix the crisis, but I am confident that there will be some type of resolution to the problem before I die.

2008-10-14 22:00:55

#3

TheDonkey: Eat my bearrrrrrrrrrr, Tonighttt; +163|5934|Vancouver, BC, Canada

Move to Canada, land of no problems

I'm actually part of the generation after you, so I don't really know what's in store, but Canada don;t has as much debt(If any?) We have awesome medical, decent Social Security, etc etc.

2008-10-14 22:02:35

#4

Flaming_Maniac: prince of insufficient light; +2,490|6924|67.222.138.85

TheDonkey wrote:
Move to Canada, land of no problems

I'm actually part of the generation after you, so I don't really know what's in store, but Canada don;t has as much debt(If any?) We have awesome medical, decent Social Security, etc etc.

That will crash and burn when everyone and their dog moves across the border for your wonderful socialized medicine and social security.

2008-10-14 22:03:19

#5

mtb0minime: minimember; +2,418|6872

I was thinking this same thing, actually. Especially when that bailout bill passed (now we're just delaying the inevitable). I'd like to have kids and it'd be a joy, but on the other hand, I don't know if I would want to bring someone into this shitty world and make them suffer if it's really going to be that bad.

2008-10-14 22:05:20

#6

stryyker: bad touch; +1,682|6937|California

TheDonkey wrote:
Move to Canada, land of no problems

I'm actually part of the generation after you, so I don't really know what's in store, but Canada don;t has as much debt(If any?) We have awesome medical, decent Social Security, etc etc.

Hate to break it to you, but your medical sucks pretty bad as well.

2008-10-14 22:06:53

#7

RAIMIUS: You with the face!; +244|6932|US

The economic crisis is a market correction...bubbles have to burst eventually. Yes, it sucks right now, but the market will return to a higher level (then bubble, burst, regain...rinse, repeat, ect...)

The failure of the New Deal programs is a longer term problem. The problem is SS is built on the assumption that the later generations will always be able to fund the current contributers. Unfortunately, baby booms and demographic transitions (especially in advanced nations) throw a wrench in that notion!

So, what do we do? My advice is to educate yourself (and seek others who critically look at policies), then vote for the leaders who have a workable solution.

I believe a free-market/libertarian approach will work the best, but educated minds do differ. Go do some research! (Maybe even run for office someday...)

edit: grammatical sense

Last edited by RAIMIUS (2008-10-14 22:08:22)

2008-10-14 22:07:23

#8

NateW: my sigs worse than yours; +191|6350

We'll have skilled labor shortages once the baby boomers start retiring.

2008-10-14 22:22:08

#9

Beduin: Compensation of Reactive Power in the grid; +510|5967|شمال

Yes they are. Totally...

الشعب يريد اسقاط النظام
...show me the schematic

2008-10-14 22:57:30

#10

OrangeHound: Busy doing highfalutin adminy stuff ...; +1,335|6867|Washington DC

stryyker wrote:
These past months have got me worried. What is in store for the millions of kids like me? I want to raise a family in this world, if there will still be one left. I mean, almost all of the baby boomers will be retiring within the next 10 years, taking most of the nations retirement funds with them, along with social security, medical benefits, etc.

Take it from someone who has been through economic and "earth-shattering" stuff like this 3-4 times ... you need to learn how to temper the fear that gets hyped by the media. They are horrid in the way that they make the world fear for no reason at all, but that is their job - fear & drama sells.

Things are not bad. Things are actually phenomenal compared with just about every period of world history.

Just stop reading and listening to the news and you will be OK. The only thing in the news that is really meaningful is your local weather forecast.

2008-10-14 23:01:00

#11

topal63: . . .; +533|6935

Is my generation screwed?
No, you're young and the population is aging, so you'll have all the soylent green you can... dream... of?

Last edited by topal63 (2008-10-14 23:01:36)

2008-10-15 00:06:07

#12

Freke1: I play at night... mostly; +47|6764|the best galaxy

OrangeHound wrote:
The only thing in the news that is really meaningful is your local weather forecast.

LOL agree, especially if she's hot.

https://bf3s.com/sigs/7d11696e2ffd4edeff06466095e98b0fab37462c.png

2008-10-15 00:07:01

#13

ATG: Banned; +5,233|6746|Global Command

When Beatle boots were the rage and teenagers were doing acid in the 60's people thought it was over.

2008-10-15 00:12:25

#14

Catbox: forgiveness; +505|6933

as an ancient person also lol... this won't last forever... it will suck for awhile and then things will get better... just like it has done throughout my life.... we all survive...

Love is the answer

2008-10-15 00:14:35

#15

Jenspm: penis; +1,716|6949|St. Andrews / Oslo

Being Norwegian, I'm pretty much taken care of tbh

I hate to admit it, but the Medical System here is the best system in the world imo. And the school system is actually pretty damn good as well (I know I've ranted about it sucking before) - way better than the American at least.

Sure, our incomes are taxed 50%, VAT is 25% and they double tax our income with Treasury tax (or w/e), and inheritance tax. For what you buy a real basic 3-series for here, you can buy the most pimped out Jaguar XK-R in America. Everything is expensive, but fuck it, I think he have the best system in the world atm.

https://static.bf2s.com/files/user/26774/flickricon.png

2008-10-15 00:16:03

#16

unnamednewbie13: Moderator; +2,053|6989|PNW

stryyker wrote:
I mean, almost all of the baby boomers will be retiring within the next 10 years, taking most of the nations retirement funds with them, along with social security, medical benefits, etc.

Have fun paying for it anyway. I know I am.

2008-10-15 05:52:15

#17

Flaming_Maniac: prince of insufficient light; +2,490|6924|67.222.138.85

The difference I see now between today (not specifically the economic falling out and what not, just in general the past ten years) and past crises is that a major problem now is the common man doesn't fully understand what is going on in his government. The complexity of foreign policy, our economy, and the intersection of the two is really through the roof, and no one is explaining it in simple terms because there are no simple terms. People are more uninformed than ever, and honestly that isn't their fault. Just to keep up with what's going on, much less analyzing it takes maybe an hour a day, and some people just don't have that hour. Candidates come along with various solutions to the problem and uninformed people may be voting for the person they truly think will be able to fix the problem, but they don't understand the entire circumstance.

It's a problem inherent in the size of the system, and what I see as being really the biggest problem of our generation.

2008-10-15 06:04:25

#18

JahManRed: wank; +646|6845|IRELAND

Your generation is being saddled with massive debt. Turn on the TV, see what you and your kids will be working to pay off flying of the shelf.

2008-10-15 06:32:48

#19

deeznutz1245: Connecticut: our chimps are stealin yo' faces.; +483|6710|Connecticut

ATG wrote:
When Beatle boots were the rage and teenagers were doing acid in the 60's people thought it was over.

They were right, the begining of the end perhaps.

Malloy must go

2008-10-15 06:36:26

#20

Sydney: 2λчиэλ; +783|7061|Reykjavík, Iceland.

Jenspm wrote:
Being Norwegian, I'm pretty much taken care of tbh

I hate to admit it, but the Medical System here is the best system in the world imo. And the school system is actually pretty damn good as well (I know I've ranted about it sucking before) - way better than the American at least.

Sure, our incomes are taxed 50%, VAT is 25% and they double tax our income with Treasury tax (or w/e), and inheritance tax. For what you buy a real basic 3-series for here, you can buy the most pimped out Jaguar XK-R in America. Everything is expensive, but fuck it, I think he have the best system in the world atm.

Pretty much the same here in Iceland.

Except our economy is fucked right now. You can't even buy foreign currency unless you have a plane ticket to proof that you are going to said country these days...

2008-10-15 07:12:42

#21

Braddock: Agitator; +916|6507|Éire

Jenspm wrote:
Being Norwegian, I'm pretty much taken care of tbh

I hate to admit it, but the Medical System here is the best system in the world imo. And the school system is actually pretty damn good as well (I know I've ranted about it sucking before) - way better than the American at least.

Sure, our incomes are taxed 50%, VAT is 25% and they double tax our income with Treasury tax (or w/e), and inheritance tax. For what you buy a real basic 3-series for here, you can buy the most pimped out Jaguar XK-R in America. Everything is expensive, but fuck it, I think he have the best system in the world atm.

If I was ever going to move anywhere else to live I would move to Norway (or maybe Switzerland... maybe). My girlfriend and I have even lightheartedly discussed the idea. If everything goes well for me in the next few years I may have a PHD to my name and that may open a few doors for me in terms of settling in other countries so who knows... she works in early childhood education, a field in which Norway is a major leader, and one of her main concerns is that her qualifications may not be regarded as highly in Norway as they would be in other countries!

You hear that lowing... I love socialism so much I'd move to an even more socialist country than Ireland!

2008-10-15 09:30:21

#22

usmarine: Banned; +2,785|6979

every generation has said the same thing. stop bellyaching.

2008-10-15 09:31:39

#23

CameronPoe: Member; +2,925|6773

You'll be fine. The whole system will collapse and be rebuilt within about 4 years I reckon. And the next boom-bust cycle will begin. What inventive means can we come up with this time to overshoot sustainable levels of growth..?

Last edited by CameronPoe (2008-10-15 09:32:53)

2008-10-15 09:37:30

#24

ATG: Banned; +5,233|6746|Global Command

What does that mean Cam. The whole system will collapse?

What then, do we eat our children?

2008-10-15 09:40:37

#25

[pt] KEIOS: srs bsns; +231|6870|pimelteror.de

most of us live in peaceful nations and have all the chances needed. stop crying. tell some poor fuckers in the 3rd world about your worries...

BF2S Forums Is my generation screwed?

TheDonkey wrote:

TheDonkey wrote:

stryyker wrote:

OrangeHound wrote:

stryyker wrote:

ATG wrote:

Jenspm wrote:

Jenspm wrote:

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