So true

 

This says it all

Bill Maher: Millenials that like socialism are gullible

Maher says that your ideas are stupid.  I think that the stuff that your professors and the media have been telling you are stupid.  

"In India, young people touch old people's feet to show reverence. In Japan, there's a national 'respect for the aged' day.

You know the reason why advertisers in this country love the 18-34 demographic... because it's the most gullible.

A third of people under 35 say they're in favor of abolishing the police...not defunding, but doing away with a police force altogether... which is less of a policy position and more of a leg tattoo.

36% of Millennials think it might be a good idea to try Communism... but much of the world did try it... I know most of Millennials think that doesn't count because they weren't alive when it happened... but it did happen, and there are people around who remember it. Pining for communism is like pining for BetaMax or MySpace.

So when you say 'you're old, you don't get it', get what? Abolish the police? ...and the Border Patrol? ... and Capitalism? ... and cancel Lincoln?

No, "I get it"... the problem isn't that I don't get what you're saying or that I'm old. The problem is that your ideas are stupid.

Read the whole thing and watch the clip.  

Yep

Young People May Have Enjoyed the Lockdowns But Will They Enjoy Paying For Them?

Twenty percent of 18-24 year-olds in Britain tell pollsters at the Sunday Times that they liked or strongly liked the lockdowns as do 22 percent of 25-34 year-olds.  This is the highest of any age group.  Only 7 percent of those 65 and up liked the lockdowns.  

For many the lockdowns seem like a long summer vacation and with the added subsidies from underemployment payments, a long summer vacation with an allowance.

But going forward, it is the younger generation that is going to bear the costs of the trillions of dollars, pounds and euros blown not only on lockdowns measures but also the massive amount of pork tucked in so-called COVID relief bills as well as lost future earnings from labor market scarring.  

Perhaps it is a good thing that at least some young people enjoyed the lockdowns because they are going to be paying for them for the rest of their lives.  

Elections have Consequences

Wealthy New Yorkers have suddenly become upset at their treatment at the hands of city and state politicians.  Hard to have sympathy for them as the urban elites, not the working class, are the people that put DeBlasio, Cuomo etc. in office.  From ZeroHedge

Richard Ravitch, the former lieutenant governor and elder statesman credited with helping to guide the city through the tumultuous 1970s, claims he has never seen the rich be so thoroughly demonized in New York City, a symbol of American class inequalities.

As Margaret Thatcher said, "the problem with socialism is that you eventually run out of other people's money".  New Yorkers are going to find that out pretty soon.

The Economist: China is betting that the West is in irreversible decline 

Though much of this blog is dedicated to economic issues, young Americans are being robbed of their cultural inheritance as well.    

Consider the difference in what young people in China and the United States are taught about their own countries.  In China, a studentor young person is likely to be taught that China is a great country with agreat future.  Clearly much of what is being taught, particularly about China in the 20^th century, is not true.  But the purpose is to instill patriotism and optimism in the future.    

Contrast that with the United States.  YoungAmericans are all too often taught that the United States is a flawed, racistcountry and that capitalism is a bad, exploitive system.  These messages are not true either.  Granted, the United States is not perfect.  But unlike China, our elites portray our country in the worst possible light, not the best. 

These messages have long run implications.  Young people, and for that matter, older people as well are more likely to invest themselves in the betterment of their country when they believe that their nation has a heroic past and a great future.  This could be investing one’s energy in innovation or starting a business.  Or it could be dedicating oneself to the protection of fellow countrymen through service in the military or police.    

If China is right and the West is in a state of irreversible decline, it is young people that have the most to lose.  The culprit is not China.  It is America’s woke elites that have robbed young Americas of their cultural inheritance.