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Imho one of the MOST DRAMATIC issue of our time. How youth is being sacrificed to the interests of the baby boomers generation. In itself, it creates a lot of short term problems like endless internships, bad education, and unemployment. But the bigger picture is even gloomier. We are living through one of the most important shift in human history (the internet, coming after writing and printing), and we are preventing the people who understood this shift from contributing to society.

Instead of moving forward, politicians preserve a dying consensus of privileges that will soon go bankrupt. We are currently asking kids to "pay more for a worse education that leads to lesser prospects in order for the schools to prosper temporarily". In other words, we are scarifying the long term for short term benefits. Sounds familiar? Yes, huge public debts for the short term interests, while mortgaging a future most decision makers will not see.

The War Against Youth

"The recession didn't gut the prospects of American young people. The Baby Boomers took care of that. […]

One thing is clear: There is a young America and there is an old America, and they don't form a community of interest. One takes from the other. The federal government spends $480 billion on Medicare and $68 billion on education. Prescription drugs: $62 billion. Head Start: $8 billion. Across the board, the money flows not to helping the young grow up, but helping the old die comfortably. According to a 2009 Brookings Institution study, 'The United States spends 2.4 times as much on the elderly as on children, measured on a per capita basis, with the ratio rising to 7 to 1 if looking just at the federal budget'."

This is a big, big problem. Not sure how it can be solved. Democracy is clearly not helping in that case.
Published in the April 2012 issue. Twenty-five years ago young Americans had a chance. In 1984, American breadwinners who were sixty-five and over made ten times as much as those under thirty-five. Th...
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