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THe higher paying job market has gotten much more competetive. Hence more education required, living with parents longer, the prevalance of unpaid internships, etc..
(Side note, can ANY of you imagine having to take an unpaid internship for experience?!) One of the benefits of a successful society is not having to shove your kids into a factory or job at 15. Nothing wrong with that.
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Chris ---------------------------------------------- 1996 993 RS Replica 2023 KTM 890 Adventure R 1971 Norton 750 Commando Alcon Brake Kits |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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You people piss me off.
My dad started working selling newspaper when he was 12. Before that he sold sandwiches my granny made. Why because the kids had to work to make ends meet. American working people wages were at the poverty level. This is pre depression...the depressionmade it worse. After WW2 the American worker was at the right place at the right time. There was no global competition as the war destroyed or damaged the rest of the world's industrial plant. The unions could demand a middle class wage with bennies and pension. A first in history. All was good until the middle 60s when Japan Germany and the rest of the EU came back on line. They have along with the other developing nations now provide wage competition. Four USD an hour to work in Ford's Mexico auto plant. Needless to say both technology and global wage competion has not only put Americans out of work it has diminished their earning power. There is no going back to the glory days..no maga. Good paying Jobs also require a higher level of technical expertise which requires a higher level of education and intelligence. An IQ of 100 don't cut it Jack. They are not capable of performing that high of a level of a job. Secondly the American School system is a joke, it is a bueaucratic failure that can not get er done. It needs a ground up reorg. Get that past the union and bureaucrats who always clamor for more money as the solution. Now today's kids fully understand that the opportunities available to their parents are no more. They are gone with the wind. Secondly they see just how miserable and fked up their parents and grand parents are with their lifestyle of plenty. So they want their safe spaces and their socialism while sitting in their parents basements on their smart phones. Even the proverbial saving grace of a college education don't save them from the malaise of having minimal opportunity. Now of course I generalize but I have the story right. My question is when will the light bulbs go on in your thick heads.when will you wake up from you delusional day dreams. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Now your DELUSION is that you still think this is a "successful society" a Rich and Prosperous nation just like Barrack used to say. It ain't rich with a 40T NEGATIVE net worth. This nation is sucking wind..that is why you got Trump and Cortez and everything is a stressed out cluster fk. Wake up. Last edited by tabs; 03-11-2019 at 08:38 PM.. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I am collecting ss and still am living in mothers basement.
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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My Greatest Gen parents never wanted me to have to suffer the same things that they did. Meaning starting with and having nothing. No one ever gave them a thing. They earned everything and saved to have a pot to piss in. So as a consequence the Boomers were spoiled with not having to bust azz..and materialism as that is how the Greatest Gen equated being happy is to give stuff that they could only wish to have had themselves. Extrapolate that going forward.
So yeah my life has been a lot easier than mom and dads...this nation was more prosperous when I was growing up....the only fling thing is that in Reality it ain't rich no more not when you have a 40T NEGATIVE national net worth and are adding a T more debt per year...your net worth might be going up but it is coming at the expense of the collective national net worth...it is all a slight of hand which most of you are too stupid to realize just how insidious of a game it really is.. The house looks great from the street...but it ain't nothing but a shell inside. On good huff an puff and it all falls down..Equities in December proved that...hpw timid the FED now is. The EU is QEing by giving out easy loans... the same as the Chinese...oh boy |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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If you Boyz were any smarter you would be idiots..but don't feel so all alone..most of your dimwit leadership be it on wall street or govt or academia or business is just as stupid..
The truth is turn the debt train off and the house of cards collapses Turn off the QE to fund the debt train and the house of cards collapses. It is another fine mess that we have gotten purselves in. In the end since 2009 it has all been .Monopoly money..valueless. take a look at the Balance sheets of the world's central banks..so some people just have more monopoly money than other people. Last edited by tabs; 03-11-2019 at 09:43 PM.. |
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Driver, not Mechanic
Join Date: May 2013
Location: SF Bay Area
Posts: 3,035
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Personally, I expect my kids to be kids, help around the house, do well in school, and give their best in whatever they choose to do.
I do not expect them to work for money at an early age, except maybe as a summer job if they want to earn some cash when they are 14 or whatever age is allowed legally. Longevity being as it is right now (people at age 65 have a high chance of living to 85), they have a long time to be an adult. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I don't get it..why you folks don't internalize that that you have nothing..your balance sheets, portfolios, pensions, RE may look fantastic...but when the govt and FED are doing what they are doing granted to keep the lights on ...all that dough you got is worthless..it is Alice In Wonderland..looney tunes time.
While you have lived the good life as a consequence of the fiscal and monetary manipulations over the decades. But it comes at the expense of sustainability, where your children's and grandchildren's future has been robbed. Sooner or later all bubbles deflate..the day arrived when Bernie Madoff' s clients had a reckoning..and so will the Global economy. Your children at some level know this and it causes a nilhiism a sense of despair. Where they will turn to socialism as a false means to redress the situation. They will turn to a false hope because they can only see the possibilities available under the aegis of the current structure. In the end socialism will be a failure. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Boy oh boy I am a bundle of fking joy..but I deal in Reality and not bs delusions...
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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The greatest game changer in all of human history was the advent of nuclear weapons in 1945. For the first time in all of human history man could wipe himself out in the blink of an eye. Unlike any other time, there is no place to run no place to hide.
With that reality hanging over your head why not just go for it. Live it up cause there might not be a tomorrow. Precedent, patience in waiting your turn at bat, why wait decades, you might never get there. This has had a profound effect on society first with the Boomers questioning the status quo and rebellion in the 60's and when the status quo establishment beat them down (Kent State etc) it turned to the cynicism of the ME Yuppie mantra of I am going to get mine its all corrupt anyway. The personification of which is the Clintons and their ilks cynical amorality of situational ethics. Now we have the turning of the screw at the abject failure of the establishment with the election of the reformer Trump and his flip side socialist Cortez and friends. It was Bernie that opened the door for good of the common man under socialism and Trump who was going to stand up for working Americans by maga..same message two different paths. But meanwhile the roof or structure that these 2 different economic models work under is not sustainable without building massive amounts of debt. The size and scope of the global economy has outstripped the ability of the consumer to consume as a result the forces of deflation are at work. Last edited by tabs; 03-12-2019 at 03:52 AM.. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Delusion is the refuge of those in denial.
It seems like everybody is ok with the debt going ever higher. Nobody talks about the deficit or debt anymore except the guys who want to sell you Gold..now that is funny. All the guys who tried to warn you and wanted to do something about it gave up and went home. Congress without a squeak since 2011 just keeps on raising the debt limits. All it took was for Standard and Poors to downgrade the rating on US debt. So who has the real power in the world? Last edited by tabs; 03-12-2019 at 04:16 AM.. |
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Registered
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Is it us? If we are the reason you are perpetually in a bad mood you could improve your mental health by not coming here any more.
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Registered
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I don't see the problem.
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Registered
Join Date: May 2017
Posts: 15,527
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Today, they grow up too fast.
When I was a kid I was pretty much shielded from the world's daily grind. I didn't understand or really care about Russia or China or Cuba. I got to read the morning and evening newspaper and maybe an hour of national news. My priority was keepijg my bike in running order and my baseball glove oiled. Not human rights, abortion, global warming or who to vote for. With today's smart phones, social media, 24 hour radio and television news kids are bombarded with "facts" from all sides of an issue. And they get sucked in. They skip the part about being a kid and learning to be an adult and jump right into being an "adult". When they see "adults " resorting to name calling and put downs on social media they learn the same method of name calling because they want to be "adults" when they are actually children. And they can practice being an "adult " while being anonymous I went to school. I babysat. I mowed 5 yards each and every year. And I kept my bike running and my baseballl glove oiled. |
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Registered
Join Date: Jul 2003
Location: Valencia Pa.
Posts: 8,865
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Do kids really even get to be kids ? You are born. At 3-4 years old, you are shipped off to pre school to be prepped to be a good student.
Then for the next 12 years, public shcool, ( or private) where you are prepped to be a good consumer, and tax payer, or for more schooling. Then you spend the rest of your life doing just that. Working and paying bills , and trying to find little slivers of happiness in between . Then you get old and die .
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No left turn un stoned |
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Get off my lawn!
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My childhood was great for the most part. I am still experiencing it.
I never once even gave it a thought that I would not have a safe bed to sleep in, and food on the table. Dad had a simple rule, if he paid for my haircut, it was "high and tight" and looked ready for military service. I started mowing yards when I was in the 5th grade so I could have my hair a little longer. It still could not be touching my collar or cover my ears. When we lived in Waipahu, HI I would pick the papayas from the mmany trees in our yard and sell them door to door in the neighborhood. I got my first real job with a paycheck when I was a junior in high school. I got the job in part because I could drive to work after school. I worked half a day on Saturdays. I often shot photos on Sunday as well. Overall I lived in the "Leave it to Beaver" world. I remember being shocked the first time I met a boy in school who had parents that were divorced. I did not know that happened.
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Quote:
I say you piss me off because you do not internalize what I say..your response is to tell me to go away.. which is that you would rather exist in a state of denial than deal with an unpleasant reality. Or in other words you do not internalize that unpleasant reality..now do you Mr Lemming. You are not alone..you are the prototypical American. As I said nobody talks about the debt or deficit anymore...the guys who did all went home. Why because Americans don't want to listen to it. They would rather live in denial and support guys like Trump or Bernie. Neither of whom can get you home again. Mostly because that home no longer exists. Last edited by tabs; 03-12-2019 at 07:26 AM.. |
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White and Nerdy
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Although there is summer. It also seems that the rate of learning accelerates when school is started later. You could probably have as good of a result and start four years later. For a lot, "childhood" seems to start when school ends. Adult may never be reached. Adult behavior is being able to take responsibility for ones own actions. It isn't age based. |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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The EU just down graded 2019 growth from 1.7% to 1.1%.. They have just lowered lending standards as a means of QEing..just like the Chinese.
It seems like they tried printing money that didn't work so now they will try lending. Last edited by tabs; 03-12-2019 at 07:41 AM.. |
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