understanding politics, considerations

Angry Young Men


October 7th, 2009 · Business, Economics, and Finance, The Environment, World Affairs

thomas friedmanThomas Fried­man is start­ing to under­stand why my gen­er­a­tion is so upset:

I am a 56-year-old baby boomer, and look­ing around today it’s very clear that my gen­er­a­tion had it easy: We grew up in the shadow of just one bomb — the nuclear bomb…

But there are now two other bombs our chil­dren have hang­ing over them: the debt bomb and the cli­mate bomb.

It doesn’t just end there. Yes, the pri­mary, macro­eco­nomic rea­son for the finan­cial cri­sis, at least in the United States, is that con­sumers and the gov­ern­ment have been going into debt to live beyond their means for the past thirty years. But there are many other social, polit­i­cal, and eco­nomic rea­sons why young Amer­i­cans today are so, to be blunt, pissed off. A pes­simist might say that the United States might be head­ing towards inter­gen­er­a­tional war­fare against the Baby Boomers in the near future.