• BullionStar
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Dear Future American Generations, You Are Screwed

Tyler Durden's picture


Faith that the future will be better than the present is slipping, as despite President Obama's demands that Americans not be "cynics," a new report shows there is a major lack of confidence that the next generation will have it better than the last one. As WSJ reports, most strikingly, only 16% of respondents agree that job and career opportunities will be better for the next generation than for their own – a drop from the 56% who were optimistic about this measure in 1999 and down even from the 40% who agreed in November 2009, well into the recession.



As WSJ adds,

In addition, a majority of those surveyed believe the recession permanently altered economic conditions in the U.S.


The numbers, while measuring individuals’ feelings rather than more objective measures such as employment or income, paint a picture of a workforce scarred by personal experience with unemployment or close proximity to others who suffered.


And despite more than six consecutive months of companies adding 200,000 or more jobs, workers are still pessimistic about their prospects for finding decent work. “Only 20 percent of currently employed work­ers feel extremely or very confident they could find another job if they were laid off,” the researchers found.

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Fri, 08/29/2014 - 15:26 | 5159888 Caveman93
Caveman93's picture


Fri, 08/29/2014 - 15:41 | 5159941 Shocker
Shocker's picture

No Comment Needed

Current Layoff / Business Closing List: http://www.dailyjobcuts.com


Fri, 08/29/2014 - 15:53 | 5160002 El Oregonian
El Oregonian's picture

Cynics? Wouldn't you think it is cynical to think people that see reality as real rather than illusionary as Barry tries to belittle actual realists?

Shame on those that call evil good, and good evil.

Fri, 08/29/2014 - 16:03 | 5160046 SoberOne
SoberOne's picture

Tyranny is right around the corner. Do not reject this message.

Fri, 08/29/2014 - 16:46 | 5160196 NotApplicable
NotApplicable's picture

Don't worry kids, there are ample job opportunites wiping the asses of the aging Boomers in your future!

If you're lucky, you might get promoted to drool-bucket duty.

Fri, 08/29/2014 - 17:42 | 5160363 Keyser
Keyser's picture

Shame on those that call evil good, and good evil.

It's called NEWSPEAK, just as Orwell so aptly named it... 

Prosperity will be something that future generations will study in history class and will wonder, WTF!!!

Fri, 08/29/2014 - 17:56 | 5160431 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

future generations will study in history class

Future generations will be able to get an education? How optimistic!

Fri, 08/29/2014 - 18:03 | 5160456 _disengage_
_disengage_'s picture

If you consider the trivium to be "an education", most/vast majority/almost everyone of the CURRENT generation wasn't able to get one.


Fri, 08/29/2014 - 18:57 | 5160658 Drunk In Church
Drunk In Church's picture

We've got some serious deleveraging ahead.  But I don't think we're screwed.  Shit just happens.  The ship will eventually right itself.

Fri, 08/29/2014 - 20:15 | 5160900 gtb
gtb's picture

You must be in church...

Sat, 08/30/2014 - 06:10 | 5161885 AldousHuxley
AldousHuxley's picture

Not just for Americans.....


China, India, Europe, Africa.....why do you even need humans?


But I hear unionized electricians make $150k/ year and retire with $70k/year pension at age 55 in California, so only the stupid and arrogant are screwed I guess.

Fri, 08/29/2014 - 18:32 | 5160569 A Nanny Moose
A Nanny Moose's picture

Job implies being paid. Nobody has any money.

Oh well. We'll always have fiat for TP

Fri, 08/29/2014 - 18:28 | 5160554 barre-de-rire
barre-de-rire's picture

i dont give a fuck about tyranny if it prevents niggers to loot each time a fucking monkey of them get killed coz he stole stuff before...



Fri, 08/29/2014 - 18:52 | 5160626 McCormick No. 9
McCormick No. 9's picture

Go wash your sheet, you racist, er, fascist fuck.

Fri, 08/29/2014 - 16:53 | 5160086 Shad_ow
Shad_ow's picture


deleted. wrong thread

Fri, 08/29/2014 - 16:39 | 5160168 KnuckleDragger-X
KnuckleDragger-X's picture

Fortunately I'm not cynical, I passed that point years ago....

Fri, 08/29/2014 - 18:34 | 5160583 Remington IV
Remington IV's picture

Is it still Bush's fault ????


I haven't received the memo yet

Fri, 08/29/2014 - 16:00 | 5160005 Gringo Viejo
Gringo Viejo's picture

Approaching expectancy and looking back, I suppose the military industrial complex made it's move when they killed Kennedy. But life was comforatable, right up to the end of Reagan's second term. I think full blown, out of the closet sociopathy took hold during the "moral relativism" of the Clinton years. The descent was remarkable. And it came about with the rise to power of my generation, the boomers. In hindsight, possibly the most selfish, narcisstic, repugnant group of shitheads America ever spawned.

Anyway, that's how I remember it.

Fri, 08/29/2014 - 16:11 | 5160069 GooseShtepping Moron
GooseShtepping Moron's picture

I don't put any stock in the JFK conspiracy theories, but +1 for a Boomer who can be self-critical.

Fri, 08/29/2014 - 16:18 | 5160096 TVP
TVP's picture

No conspiracies are needed, just a functioning brain to realize that the only two presidents in history who were hell-bent on returning the US monetary system to sound money (pegging the dollar to silver certificates in Kennedy's case) are the only ones who have ever had their brains blown out by magic bullets and lone nut assassins.  

Fri, 08/29/2014 - 17:05 | 5160173 Escrava Isaura
Escrava Isaura's picture


What you are telling us about JFK and Reagan are totally misleading.


By the way, you're right about the boomers.

Fri, 08/29/2014 - 19:15 | 5160711 starman
starman's picture

Escarva theres a blog for people like you ZH is not! 

Fri, 08/29/2014 - 20:49 | 5161032 Escrava Isaura
Escrava Isaura's picture


Check this out, indoctrinated fool:

On June 4, 1963, Kennedy signed Public Law 88-36, which marked the beginning of the end for even the $1 silver certificate. The law authorized the Federal Reserve to issue $1 and $2 bills, and revoked the Silver Purchase Act of 1934.



Then, Reagan filled the White House with the Technocrats/Socialists:

The Working Group on Financial Markets (also, President's Working Group on Financial Markets, the Working Group, and colloquially the Plunge Protection Team) was created by Executive Order 12631, signed on March 18, 1988 by United States President Ronald Reagan.



Then, the “Conservative Propaganda” of dumbing down the stupid Americans worked as planned, while Reagan runs the highest debt to GDP ratio EVER (288.5%). And mainly to the MIC:

1980 US Debt: $930,210



1988 US Debt: 2,664,392



To put US deficit into perspective: Obama would have to run a deficit of about $38 trillion dollars to match Reagan’s GDP ratio.



"All the perplexities, confusion and distresses in America arise not from defects in the constitution…, as much from downright ignorance of the nature of coin, credit, and circulation" John Adams, August 25, 1787.


So, do not feel bad of your ignorance. It was planned that way.

Keep regurgitating nonsense, if that makes you feel less ignorant… but make sure I am not around, because I am gonna rub it in your 'full of makeup' face.

Sat, 08/30/2014 - 15:32 | 5162848 Clowns on Acid
Clowns on Acid's picture

Escara - you know nothing. Wiki is not a valid reference. You are dumb, so either listen and read and get educated or just fuck off.

Sun, 08/31/2014 - 12:07 | 5164643 Escrava Isaura
Escrava Isaura's picture


Would care to supply your references?

Fri, 08/29/2014 - 17:22 | 5160310 RafterManFMJ
RafterManFMJ's picture


Yea man.

Go read Hit List by Belzer and get back to us.

Fri, 08/29/2014 - 20:36 | 5160995 ebear
ebear's picture

"Anyway, that's how I remember it."

The problem with personal experience is that it doesn't reach far enough into the past.

For example, prior to WWII it took only one income to achieve the standard of living that required two Boomer incomes.  If Boomers appeared more affluent, it was because both partners were working, and inflation hadn't yet reduced their purchasing power to the level of a one income family of the past.  Also, the post war revolution in manufacturing meant the jobs were there, and the markets hadn't yet reached saturation, so growth was still on.

So, was it selfish to take advantage of those conditions, or just human nature?  In other words, given the same conditions, would you expect today's generation to be more constrained in their outlook and behavior?

Sat, 08/30/2014 - 01:51 | 5161737 reset71
reset71's picture

Maybe people buy a bunch of shit they don't need now a days, then go around griping about inflation.  Trust me, I know about inflation.  But perhaps an average job today still buys what a job did "prior to WWII".  People used to buy one bedroom houses, or build there own, or live in an apartment.  They ate healthy, cheap, local food and in their free time they twiddled their thumbs.  People today just don't know how to handle money- even while being super rich in historical standards.  It's true that wages are going down as inflation is going up, but it isn't that bad, yet.

Sat, 08/30/2014 - 14:34 | 5162683 VWAndy
VWAndy's picture

Straight up BS. In my working time from 83 to now. Energy,food and taxes all went up. Wages are collapsing now aftrer thirty years of stagnation. Ask any small buis owner how his proffit margine is today compared to 2000.

Fri, 08/29/2014 - 21:07 | 5161092 August
August's picture

>>> full blown, out of the closet sociopathy took hold during the "moral relativism" of the Clinton years.

I perceived the same sea-change.  I wouldn't claim that Reagan-Bush and their predecessors were "better" presidents, but somehow they seemed more straightforward, even when engaged in unsavoury activities.

It remains completely accurate that never, never, at any time, was Mr. Clinton alone in the White House complex with Miss Lewinski.  Jeez... at least Yale Law can still teach an ambitious young pup how to lie....

Fri, 08/29/2014 - 15:54 | 5160007 ShrNfr
ShrNfr's picture

Laser...like...fuck us

Fri, 08/29/2014 - 15:55 | 5160020 Rainman
Rainman's picture

Funny...you humans are just now waking up to the fact that you've become slaves to the machines. Hilarious.

Fri, 08/29/2014 - 16:17 | 5160092 PAWNMAN
PAWNMAN's picture

Is hopelessness not the goal here. If people feel they have no other options, they are more likely to turn to the government for answers. Moar Sheeple!

Fri, 08/29/2014 - 20:16 | 5160905 Colonel Klink
Colonel Klink's picture

Laser like focus on destroying America, destroying our rights, the golf course, and Reggie's balls.

Fri, 08/29/2014 - 15:27 | 5159889 kchrisc
kchrisc's picture

Dear Future American Generations,

The Rothschild banksters and their violent puppets, government, stole your future.

Reclaim your future, guillotine them all.

An American, not US subject.

Fri, 08/29/2014 - 15:50 | 5159987 Kaiser Sousa
Kaiser Sousa's picture

just watch some pro athletes and sports...
and everything will be just fine....

Fri, 08/29/2014 - 15:57 | 5160024 Son of Loki
Son of Loki's picture

... just watch some pro athletes make $10 million a year, talentelss movie stars makes $20 million a year, bankers $40 million a year and politicans make somewhere in between and you'll be fine ....


...and then again, maybe you won't.

Fri, 08/29/2014 - 16:01 | 5160036 saltedGold
saltedGold's picture

Remember though, they get that money because people are willing to pay hundreds to sit in a stadium (or crappy theater) for a few hours.  I can't wait for the day when their salaries are impacted!

Fri, 08/29/2014 - 16:20 | 5160111 Greenskeeper_Carl
Greenskeeper_Carl's picture

Those people you describe will be the LAST groups of non banker/politician/lobbyists to see their incomes decline. Bread and circuses, remember? You average fat, dumb American is far more interested in that kind of shit than they are anything else.

Fri, 08/29/2014 - 17:24 | 5160314 Escrava Isaura
Escrava Isaura's picture


You wrote: “Your average fat, dumb American…”

Are you talking about the Baby Boomers, Generation-X, Millennials, or the Generation-Z?

Or, all of them?

Fri, 08/29/2014 - 17:06 | 5160249 10mm
10mm's picture

And the average sheeple who support them. 

Fri, 08/29/2014 - 18:31 | 5160564 barre-de-rire
barre-de-rire's picture

calm down, sit down, scratch ballz,  take doritos, drink budwizer, breath. you are american,  turn on tv & stfu

Fri, 08/29/2014 - 22:35 | 5161339 PrecipiceWatching
PrecipiceWatching's picture

And you are a clueless dumbshit.

Fri, 08/29/2014 - 15:27 | 5159890 Proofreder
Proofreder's picture

Without Astroglide

and No Kiss

Fri, 08/29/2014 - 15:27 | 5159891 Dr Strangemember
Dr Strangemember's picture

Looks like reality is setting in for masses.  But doesn't Hope and Change matter???

Fri, 08/29/2014 - 15:28 | 5159892 HamRove
HamRove's picture

Reset the shit already.

Fri, 08/29/2014 - 15:48 | 5159979 centerline
centerline's picture

You do know that the reset button also unleashes the zombie apocolypse?

Fri, 08/29/2014 - 17:24 | 5160320 RafterManFMJ
RafterManFMJ's picture

Not a problem; these 40 round PMAGs run fine.

Fri, 08/29/2014 - 19:48 | 5160803 Harbanger
Harbanger's picture

Wait, isn't Obama already doing everything possible to hit the US reset button as fast as he can?  What if it's part of his fundamental transformation plans?  He never explained exactly what that was. In a twisted way, he does always keep his promises.

Fri, 08/29/2014 - 17:55 | 5160419 Overfed
Overfed's picture

I say we just get it over with while we still have the means and the wherewithal to try and defend our families and provide for ourselves on the other end. Just like going to the dentist, the longer you put it off, the worse it's gonna be.

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