Guest Post: The Folly of Misspent Optimism: Generation Neutral

Tyler Durden's picture

Submitted by Chris Moorman, a 24 year old member of "Generation Neutral"

The Folly of Misspent Optimism: Generation Neutral

America for the past century has been nearly synonymous with progress. A model based upon constant growth, the American style system of capitalism, built upon the dual building blocks property rights and nearly unlimited economic freedom, has allowed free movement of capital, talent and vision to produce the wealthiest country that the world has ever seen. This has not been without its hiccoughs and imbalances, but on the aggregate, the American system of ever rising prosperity has brought with it a rising standard of living for all parties in the post WWII era. The American birthright has been a promise of a hold on the ladder, and a better life for each subsequent generation.

This economic juggernaut used the free movement of capital to allow risk takers to borrow at the present to take advantage of the growth of the future. This system has withstood many shocks; the unilateral pullout of the Bretton Woods gold standard by Nixon, the subsequent stagflationary environment of the late 1970s and early 80s, to  the fall of the communism leaving American style capitalism as the unrivaled economic system in the world. American exceptionalism was not so much an opinion as an accepted fact.

This was the promise that Generation Neutral predicated its approach to maturity upon. Demographic headwinds stood in our way for sure. The baby boomers and the entitlement economics they had been promised began to seem underfunded at the present which meant declining standards of living in the future. An over-levered system of government subsidized housing found that the hangover left in the wake of the Internet boom and the new diplomatic order put forth after 9/11 would squeeze those on the margins past their breaking point. Government intervention which would have been unthinkable even a generation ago now seemed like the only thing holding our system from the edge of the abyss.

We avoided the abyss after the post-Lehman collapse of 2008. Purportedly rational players in the government arena used every tool at their disposal and designed new tools on the fly to keep the system from stalling out. Business cycle boom and bust is inherent in a free movement system such as ours, and we’d dealt with it before. Once the growth engine started running near its historical averages, the economy would rebound and the train would get back on the tracks. Life would return to normal and Generation Neutral would outgrow its debts fast enough to promise our children that life would still be better for them than it was for us. At least, this is what we’d planned on.

So we continued to pile on the debt, spending today so that our future earnings would allow us the lifestyle we’d always hoped for. College tuition rose at unthinkable rates when compared to CPI and other inflation measures, aided by a system of government backstops and a “no-way out clause” which took away the mechanism of bankruptcy in order to absolve the insolvent of an impossible to pay debt. Still we borrowed. Ivy league educations cost on the order of $120-150K, while even the “affordable” state school educations hovered above 60k for 4 years. We told ourselves that this was an investment in our future, that when the growth engine restarted, we’d be on the forefront of the new boom. 

After 2008, it appeared that the growth engine was taking longer to prime than anyone had planned. Ivy League graduates, with crushing amounts of college loans, were forced to take jobs as baristas and retail workers; careers far below those promised by the glossy recruitment packets we’d gotten in high school. Some risk takers in my generation doubled down, and headed off to graduate school to “wait out” the recession as opposed to taking jobs which seemed beneath our level of expertise and education.

Increasingly, these “investments” are looking like consumption periods for which the bill will come monthly for 15-20 years. Those who doubled down on their bets with grad school, found that in addition to undergrad debt, the average 75-100k of law school debt looked nearly insurmountable when compared to starting salaries in the 50-70K range. A law school graduate with $150k (a number which errs on the conservative side if any) in combined undergrad and law school debt 6% at  is now looking at nearly $1300/month in loan repayments over a 15 year period. This is comparable to the payment on a 30 year mortgage on a $250,000 (slightly above the 2010 median home price) house at 5%. If the baby boomers are planning on my generation bailing out their underwater homes, they’d better find another plan.

Currently, a college grad making $75,000 (well above the median for the graduates of the downturn (2007-2010)) in Manhattan contributing nothing to pre-tax retirement brings home a little over $4,000 monthly. When this is stacked up against an average monthly rent of $1350, and a student loan repayment of $1300, this makes for a mere $1350 in disposable income. This makes it quite difficult to save the necessary funds for a downpayment on a house, and even makes it difficult to build a solid safety net of savings.

The real issues of my generation have unfortunately been glossed over. There have been the occasional articles chronicling how lifetime earnings are adversely affected for those who come out of school into a recession, but this downturn has already had a duration above and beyond the norm, and at present doesn’t appear to be ending any time in the near term. Meanwhile, the bills are stacking up, and even those of us who are working from Generation Neutral are starting to be concerned that the debts we signed on for at 18 will live to haunt us well longer than our worst projections. There is beginning to be a certain resigned malaise hanging over us, and as capitalism is a system predicated on growth and a healthy amount of optimism in the future, this is yet another headwind to our economic and even psychological well being.

Other than the turnout brought upon by the “Hope and Change” campaign of President Obama, Generation Neutral has found itself strangely ambivalent about the political discourse, even as the bills are continuing to migrate from our parents’ generation to our own. A conversation about the national debt usually ends with the trite phrase “I don’t really care about politics” while the political decisions of today affect our economic future at an ever increasing rate compared to our parents and grandparents.

I’ve yet to figure out what will break our apathy, as our misspent optimism still keeps us believing, however fleetingly, that this too shall pass. The day that we collectively realize that better days aren’t coming could well be too late, but the debts amassed during our optimistic youth will still continue to knock on our door. If our generation doesn’t have it better than our parents’, I wonder what the narrative we tell our children will sound like.

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BORT's picture

Wow.   Very well said.   Also very sad but true

ihedgemyhedges's picture

Very well said indeed.  And might I add to our young guest poster: "Welcome to the real life in America, circa 2011"  We of the older generation owe you an apology, an apology that is massive.................

topcallingtroll's picture

Previous generations always thought intergenerational debt was immoral and odious. Not so the boomers.

Thanks guys

wanklord's picture

Ordinary Americans -primordially the ones of European ancestry- are the offspring failed generations. In fact, the states involved in eugenics during the first decades of the twentieth century did not strictly enforce the sterilization laws on those people (low IQs, retards, deformed individuals, disease carriers, imbeciles, etc). Their ancestors were labeled as undesirables in Europe and expelled from their native countries.

Consequently, the following generations are the best evidence that defective genes have been transmitted from one breed to the next and worst of all, the chances that their descendants’ DNA carrying a more complex sequence of these mutated genes are 100% guaranteed – they can be confirmed by performing scientific tests (i.e. bizarre mutations that will make these individuals being categorized as subhumans).

Besides that, never forget the following:
“It is better for all the world, if instead of waiting to execute degenerate offspring for crime, or to let them starve for their imbecility, society can prevent those who are manifestly unfit from continuing their kind…Three generations of imbeciles are enough.”
Supreme Court Justice Oliver Wendell Holmes, Jr.
Buck v. Bell, 274 U.S. 200 (1927)

clymer's picture

CH, I don't think he is trolling so much as pointing out the absurd postulations espoused by those above the presidents, and CEO's - this garbage is pushed by the inter-generational families at the top of the global food chain under Hegelian guise to divide and conquer.

(or at least I fucking hope so)

Beyond all that.. Chris - you're a smart kid and ahead of your time.

Bicycle Repairman's picture

In the 1970s TPTB employed racial and gender warfare to good effect.  It kept people divided and compliant.  So I guess it's generational warfare this time.  Which of you are paid agitators and which of you are just plain chumps?

AnAnonymous's picture

No needs of TPTB for US citizens to engage in this kind of warfare. For example, in the South, during the war for Independence, US citizens prefered to patrol the slaves huts rather than to fight the war.

That story of TPTB is ludicrous. In the US, the US People is sovereign and exercizes power.

This has not been without its hiccoughs and imbalances, but on the aggregate, the American system of ever rising prosperity has brought with it a rising standard of living for all parties in the post WWII era.
Another slice of fabled past.

The betterment was done at the expense of people who are conveniently forgotten.
Classical US accounting trick. Dont account the loss, you will only get profits.

US citizens love to pretend bankers as the sole users of that trick but no, no discontinuity between the US base and its elite.

The big trouble is that now, while of course the same method is still applied successfully, US citizens who thought only others would feature the forgotten losses, have the bitter experience of discovering they are now the non accounting for losses.

This US citizen youth should comfort himself/herself with the following thought: in 30 thirty years or more, another US citizen will be able to write once again in a very US citizen manner the very same text:

This has not been without its hiccoughs and imbalances, but on the aggregate, the American system of ever rising prosperity has brought with it a rising standard of living for all parties in the 2000s~2020.

Dont write down the losses, only the gains, you will net profits. Always works, never misses.

New_Meat's picture


"In fact, the states involved in eugenics during the first decades of the..."

twenty-first century are approaching the "issue" from an earlier perspective.

“The most dangerous place for an African-American is in the womb.”


- Ned

AnAnonymous's picture

Ah, ah, good finding. Funny enough indeed...

nmewn's picture

"Ordinary Americans -primordially the ones of European ancestry- are the offspring failed generations. In fact, the states involved in eugenics during the first decades of the twentieth century did not strictly enforce the sterilization laws on those people (low IQs, retards, deformed individuals, disease carriers, imbeciles, etc). Their ancestors were labeled as undesirables in Europe and expelled from their native countries."

Sooo, ummm, should we start with inbred English royals and work our way up to John Maynard Keynes or DSK and work our way back to Robespierre?

Are you kidding's picture

You're right.  You CULL the weak to improve the population.  In our modern day societies...the only ones having kids are the imbeciles and the minorities.  We're doing exactly the opposite of what a breeder would do.  These idiots are breeding us out of our own planet!  We spend millions keeping a preemie alive only to spend additional millions throughout their lives.

MsCreant's picture

I thought you were a boomer.

Eeyores Enigma's picture

Money is a claim on the future.

Boomers, for the most part prospered better than any other generation.

Boomers (and of course the beneficiaries of the FIRE economy over the last ....years) have secured the lions share of the future.

Your future belongs to US!!!!!!

Anyone under 30... you are well and thoroughly PHUCKED. GET PISSED>>>>>>


Aeonios's picture

lol, I'm only one year older than the author, and I can assure you that my generation is far too busy posting cartoon characters as their facebook profile to 'raise awareness of child abuse' to bother with something so dull and unimportant as economics, politics, or anything else of intellectual value.


The only good thing I have to say about my generation is that (probably) fewer of them watch Jersey shore than the generation that came right after. (echo Xers?)

The psychological cancer that is eating America can only be cured through major amputations, which of course will occur when this slow motion train wreck is finally recognized as such. Sadly, I'll be laughing all the way to the bank while my classmates dig through dumpsters for food. The saddest part, though, is that their ralleying cry will be "I don't get it, I just can't understand how this happened, America is the best".

WSP's picture

NO,NO,NO,NO,NO.  If "we" want to blame anyone, we must go back to Christmas Eve, 1913 when we allowed the bankers to create the Federal Reserve.  There is much to discuss, and plenty of door steps to place blame, but in the end, when you borrow money you take a risk, and if it goes well, you win-----otherwise, you lose.   Why is it every time ignorant fools make bad bets in their “herd” they always want to blame someone?

Who is to blame for the debt?  Well, we can start  with our debt based system, but that was not a creation of the boomers.   The reality is when people take on debt, they have a responsibility to repay it.   Nobody ever promises anyone guarantees that a debt will pay off, and I NEVER hear anyone complain when they make a risky bet (borrowing money from the squid bankers) and it pays off.  No, when people borrow money to buy houses and educations and they pay off, they say they were smart and it was a "good investment"; yet, when the bet doesn't pay off, it is ALWAYS SOMEBODY ELSE'S FAULT.

I am not buying that.  I lost my a$$ betting against tech stocks in the late 1990's since I was in the tech industry but even if I were not, I can read a balance sheet and income statement.   Unfortunately for me, I had to not only sit back in horror as the Clinton administration including Robert Rubin (criminal) and Greenspan kept pumping and pumping, but lost huge money in the process.  Sadly,  I was right, they were wrong (well, they were not wrong, just lying criminals) and knew they were pumping and the more short sellers came in, the more they lied and pumped about the “new paradigm”.  There is no new paradigm on profit and loss and cash flow----NEVER WILL BE.   The old saying the system can stay irrational (or criminal) much longer than you can stay solvent is applicable.

I later watched in horror during the mid 2000's when even my real estate broker friends told me to "lever up" on a house and take out equity to invest in the market since I could simply "pay whatever I wanted" on a monthly mortgage payment.  I refused, and sat back and watched as my friends and neighbors took trips, drove fancy cars, and lollied around in a "Wheeeee" world where I was the bad guy for not being irresponsible like them.  Now they want me to feel sorry for them?  No way!

Now, the debts have to be paid, and what happens?  People like the young generation that bought into this debt BS and even the older generation that was too irresponsible to read a balance sheet and income statement want to blame me AGAIN?  No sir, if you made a bet and it didn't work out, suck it up ----nobody bailed me out when I was RIGHT ABOUT THE BUBBLES----why should I bail you out for being wrong and taking a risk?  That is the problem with America----you can make mistakes as long as you do it with the “herd”---if you think for yourself and don’t make the mistakes, people still want you to bail them out---ENOUGH!

If you want to fix the problem, take your country back from the bankers----BUT, PAY FOR YOUR MISTAKES AS WELL!



Bicycle Repairman's picture

Whoa, did you just read my mind?  Green.

theabyss11's picture

I agree with most of what you say but I do have one question.

I work construction for a living. My job is to build people's homes. I also have a responsibility to ensure that I build them correctly and to code. If I don't do my job correctly or neglect my responsibility the home could collapse and kill anyone who was living in it.

A banker seems to have very few responsibilities other than making money but one of their jobs is to ASSESS RISK. That's their job. They also have codes (or laws) that their suppose to follow. However, when they refuse to follow those laws and are derelict in their duty of assessing risk who's fault is it when the house falls down? I can ask you to lend me a million dollars as much as I want but that doesn't mean you have to lend it to me. Just google search how much of the housing boom the FBI said was due to mortgage fraud and I think you'll catch my drift.

You know, if all I was concerned about was making money I could build you a house for pretty cheap. I could just neglect to put in hurricane ties, or screw your metal roof down every six feet instead of every two and you might not notice it at first. But when the hurricane comes and your roof gets ripped off in the storm, I would be held responsible.

Maybe its your fault for hiring me.

DoctorMad's picture

The fact you call yourself "Generation Neutral" instead of the more apporpriate "Generation Screwed" shows you still have a little too much of that misspent optimisim. Your parents and my parents fucked us far worse than you could ever imaginme. Other than that a fantastic interpretation of what lies ahead. If it makes you feel better I get to hit this all at an even older age as part of Gen Y.

AldousHuxley's picture

i believe more common terminology is "the ninja generation": No Income No Job no Assets

boomer generation brought cheap manufactured goods from china and relatively cheap oil (half of other countries) but those savings are insignificant when compared to overinflated ripoff prices of what really defines a middle class: healthcare, education, housing, job security.

basically boomer politicians gave half off on the big screen tv while you get indebted for life paying off student loans

wrnog priorities as a nation for last 30 years while third world countries are doing the opposite.

DoctorMad's picture

The fact you call yourself "Generation Neutral" instead of the more accurate "Generation Screwed" shows you still have a little too much of that misspent optimisim. Your parents and my parents fucked us far worse than you could ever imaginme. Other than that a fantastic interpretation of what lies ahead. If it makes you feel better I get to hit this all at an even older age as part of Gen Y.

fbrothers's picture

When you do not have enough to eat. You will change things. People with nothing to lose will turn this country upside down.

Dugald's picture

If you don't go to war first........

SaveTheGreenback's picture

"Damn shame what they did to that dog."

Yogibear101's picture

...yer gonna need a second job.  I'll give ya $20 to mow & weedeat my yard.

Fate's picture

Better take that $20 and buy a copy of Strunk & White, you ignorant fuck.

Blackfriday's picture

Well said.  Made me laugh.

Bobbyrib's picture

Give it to one of your fellow Boomers to fund his retirement.

Global Hunter's picture

You're offering 4x the going rate!

dwdollar's picture

I'll take that $20 if I get to turn your ass into Soylent Green when you're too old to sit up.

Iam Rich's picture

Break your apathy....hope it doesn't come to some shat like beach storming in a Higgins boat.  That would be the real suck, although maybe college debt forgiveness comes with that.

NotApplicable's picture

Notice he said, "I’ve yet to figure out what will break our apathy...". If he would only lower his expectations at his ability to cure his entire generation, perhaps he might try and break his own, realizing that's the only part of the world under his power.

Otherwise, it's just another example of Generation Derp with their we the sheeple mindset.

1835jackson's picture

What a cunty situation. Nothing worse than some university offering the madison ave lifestyle only to find out at graduation that you are royally fucked thanks to bunch of arse heads politicians/ corrupt fat fuck bankers

Talleyrand's picture

Don't forget about the bastard who held that gun to his head and forced him to take that 'student' loan.

Manthong's picture

Unfortunately, an awful lot of people in the formerly Constitutional United States have a lot of expectations built upon deception, hollow promises and flawed assumptions. Capitalism has never been broken.. what we have now is a perversion of it.

"Capitalism without responsibility or proportionality degrades into racketeering and exploitation."
-Will Hutton

Boner Jamz 03's picture

Fuck you, and here's why: everyone of my generation is, yes, forced to overspend because (I'm guessing you're either a boomer or, god forbid, a Gen X'er) your prick generations' habits have been priced into every good on the market. I swear I think all the crude history of the early century was pent up in your parents loins and they shit out the most hideous generation ever as a means of catharsis. You credit junkie motherfuckers have shot so much 23% APR, 60 month BMW lease, black-tar bullshit into the markets that prices on everything now reflect your habits. You guys bought so much money that everything from our rent to our bread to our gas is more expensive than it should be because, guess what, it's all priced in now. So we take shitty jobs to save for college because our retard parents were more worried about buying Pottery Barn throws and Williams Sonoma toothpicks to save for our educations, unlike your parents who probably paid your whole way, you spoiled fuck (and who knows, maybe you worked hard as shit, but your attitude is such that I'm addressing you as I'd address the rest of your scumfuck generation). Don't you fucking shit on us because we were raised in a school/social system that always told us one overarching thing: you need to go to college. How many 18-year-olds are gonna question the red thread running through their entire lives.

I mean, think about it. Look at the mythology of college in America. Dude, you're gonna fuck so many chicks in college. College is the best time of your life. College is where you discover yourself. You can't do anything without going to college.

You were told the same thing, it's just that you lucked out. You're not smarter or better or somehow more skilled, you are just lucky. But guess what, all the Starbucks jokes really do hit home because that shit don't pay enough to buy a degree, and once again you guys have raised the educational bar so high that we need PhD's to get any sort of solid employment.

What's a barista to do? Just one hit, bro! It's fine! I do the shit all the time. Seriously, just take that one loan out, get your master's, and you'll be golden!

Sorry, you're overeducated. The position has been filled by some 40-something skatealong douchebag with a BA who blasts Pearl Jam out of his Saab speakers.

Alternatively: Sorry, you're underqualified. That BA is cute, but this is the big leagues. This position has been filled by some cock with 5 years experience. Wrong place, wrong time, buddy!

That's why fuck you.

clymer's picture

Don't blame us x-ers, brother. We were told the same shit. Besides, a few of us dropped out of high school, framed houses when were were 16, joined the reserves and paid for tuition out of pocket using saved cash and GI benefits, while going to class from 6 to 9:30 PM (directly after leaving the bar) until we finished that BS, state-school degree (U-Mass)

grow a set and join this fight against the machine. This has been coming for close to 100 years


clymer's picture

BTW, I am sorry you didn't get laid in college

Boner Jamz 03's picture

edit: sorry that was a little harsh

Bastiat's picture

So we take shitty jobs to save for college because our retard parents were more worried about buying Pottery Barn throws and Williams Sonoma toothpicks to save for our educations, unlike your parents who probably paid your whole way

Never regarded a job that fed me a as "shitty."  Sorry about your parents--most people are indeed creatures of their time and never develop real independent perspective.  Why is that?  How do we get to be who we are?  Those questions keep you humble if you ask them enough and don't accept easy answers.

Btw, my parents did not pay my way at all: GI Bill, construction work, bartending, and savings did.  When I finished my hitch in the service I was an adult and wouldn't request or accept help from my retired folks.  On the other hand, I put my kid through 2 years of prep and 4 years undergrad, at least what was needed after scholarships.  Grad school she always knew she was on her own so she worked hard for scholarships, took on some loans but as a business decision, not blindly.




Boner Jamz 03's picture

Let me ask you a question. How do you think a GI Bill is valued? If you go to Desert Storm and shoot at a couple shadows, then get your college paid for, is it worth the same amount if you go to Iraq twice and Afghanistan once? I personally would say no. I'm glad you made good choices, and I definitely don't mean to insult your service because it could easily have become what mine did but I do think that my generation of military paid much more than yours did. Now if you were Vietnam I'll shut the fuck up right now.

Bastiat's picture

How do you think a GI Bill is valued?

 When I got out it was just a fixed value regardless of the nature of your service--don't know how they do it now.  I was in the Navy; it was during Vietnam but I was not in combat.  On the other hand when I debriefed on the way out they told me my outfit had the highest post-separation suicide rate in the Navy; so, you know, combat is not the only kind of stress.  The key about the GI Bill now is that it is an incentive to get people to volunteer -- you can't limit it to a certain kind of service because it wouldn't be a very compelling incentive with that unknown element.  After all, once your in they can do what they want with you.

Right after I took the oath, with about 30 others, the doors banged open and 4 Marines came in: officer and 2 gunnys and a corporal.  "This is your lucky day! Four of you ladies are gonna be US Marines: you, you, you and you."  Nobody told me the Marines could draft out of the Navy.  It took two of them to get one of the "lucky" ones out the door: he was crying like baby and his legs wouldn't hold him up.  1968 . . . Marines were dying like flies they couldn't enlist enough to replace the losses.  Likely two of those 4 never came back.

Boner Jamz 03's picture

Man I get that shit, I'm sorry to be a dick. I just get frustrated.

Bastiat's picture

NP, and best of luck to you in all this.  We'll all need it. 

Vampyroteuthis infernalis's picture

Boner dude, we Gen-Xers have had a rougher road to this point than the Gen-Yers. I was unemployed after earning my engineering Ph D a few years back. The author is expressing the future for Gen-yers and all young people for a while. The sooner they wake up, the quicker they can reclaim their society from the banksters.

Boner Jamz 03's picture

See it's not the bankers we need to change. It's the people being fucked by the bankers who need to be changed. The fact that there are people willing to accept massive debt in exchange for relatively little money fucks people who need a small amount of credit. It's not a hard concept to grasp. Stop being willing to pay so much for money. Boomers and Gen-X'ers are willing to pay a tremendous amount for money; this is because they are tremendously vain and shitty. I'd rather not buy into the prices they've set but I'm given little choice. Don't blame us for what you guys have done. This is your chance to be a fucking man instead of passing the buck once again. Why don't you take your own haircut instead of passing it on? Force your seniors to do the same. Fucking get on board in practice not just your internet posts.

FreedomGuy's picture

Let me suggest this is not a thing you pin on a particular generation but on an ideology. The WW2 generation started the ponzi scheme known as Social Security followed by the stupid healthcare rules we have, followed by the Great Society. Baby Boomers were in grade school as these things started. By the late 60's Soc Sec trust fund was raided to hide the true deficits. In 71 as the oldest of the boomers could vote we ditched the gold standard.  Fast forward to today and these are all the things breaking the piggy bank.

The common thread is modern liberalism-statism-collectivism-socialism supported by keynesian economic theory. These ideologies say the freedom is the problem and therefore you need more regs, more rules, more government, more social justice, more free stuff, etc. The deficits that are being rolled from generation to generation are the differences in the actual cost of these things compared to what we are willing to pay. Your enemy...the one who has put a cloud on your future is not a particular generation. It is an ideology that keeps getting passed on. Barry Goldwater, William F. Bucklye, Friedrick Hayek and others from WW2 generation fought these ideas while others went hard left, like FDR. Boomers have their libertarians and commies, so does gen x, y, z , neutral and all the other BS artificial designations. Libertarians, true conservatives and others did not create, propogate and rescusitate any of the things that are going to break the piggy bank and nation. It is an ideology favored by those in power because it establishes, supports and even grows power. Power is a bigger aphrodesiac than sex.

Too many believe the BS that comes from these ideologies. These ideas never work, can't work and even with our geniuses won't work in the future. Meanwhile, their failure gets tallied in the national debt and future unfunded liabilities into the 100+ trillion dollar mark. It is unsustainable. There is no way out. The junior generations will be forced to default. You need to hang the right people who created it and its not a particular generation. The "strong" man will appear in the crisis and promise a way out and the weak minded will follow him/her. They will be wrong and sell us into some sort of bondage a.k.a. Hitler, Mussoline, Castro, etc. There will be another ideology articulated by the likes of R. Paul. This path will work but makes fewer promises to tickle the ear.

I like this article because it is the correct view of the future. However the source and solutions to the problems created are lacking. This has been in the making for a century. The end game is approaching. Get ready.

clymer's picture

Well, truth be told, the boomers might have done a little more to safeguard freedom. After all, this dude claimed that NAFTA would create jobs. ("this is a good deal larry..")

What's not to believe? He invented the fucking internet