The Old and their policians have borrowed against the production of The Young and have spent it for votes or pocketed the money. They will wave pieces of paper at the Young calling for perfectly legal, high taxes on them to pay off that debt. This will be presented as an unfortunate necessity. So sorry.

The Young will be told that this is the "Rule of Law", and they are bound by it. The Young will be told that they can collect from their children in turn. The Young will be slaves to the Old, under the suggestion that they too can enslave their Young. This is what Progressives call "community".

If the Young have any sense at all, they will tear up those pieces of paper in contempt for the Old who decided to enslave them. It is bad enough that politicians levy taxes to pay for their schemes. It is much much worse that politicians would borrow everying they could from gullible "bond buyers". These bond buyers cared not at all about what the government would do with the money. They relied only on the raw power of the government to repay them by collecting those resources from the populace, by force, no matter what.

The Young should have contempt for the government and "the Law" that arranged this enslavement. They should break the Ponzi scheme. They should blame the politicians and government that pretended to plan for their future, but instead spent it all, expecting the Young to supply what was never saved.

Make the bondholders pay, not the populace. The Young should tear up those pieces of paper issued by a corrupt government. The result will be a loss of trust in "sovereign debt", and governments will not be able to borrow so easily in the future. This would be a great outcome. The populace can renounce a debt that was incurred by thieves, and arrange at the same time for future politicians to be less able to carry out the same thievery.

This is the stuff people should have been "occupying."

"Occupy Wall Street" has a much better ring to it than "Occupy Grandma."

Young people will be stuck paying for government debt they had no part in creating.

Au contraire. They had a big part in creating it.

They voted ... or not. Whether through active assistance or apathy, they helped elect the politicians who are continuing to mortgage the future in order to buy votes today.

Politicians know that young people want a "fair" society with "social justice." So, they pander to them with promises of equal outcomes and wealth for all ... just like the promises politicians made to grandma back in her hippy days.

When the young people revolt because they're not getting what they were promised, the politicians praise them, promising even more governmental assistance and even more "social justice" ... if they're reelected.

If you keep buying broken promises and snake oil, it ain't grandma's fault.

Young people will line up in November and dutifully cast their votes for Obama because he promises to provide medical care, education, and jobs for them ... all at someone else's expense.

"Au contraire. They had a big part in creating it."

I'm not sure that's a fair statement. My son is 7 months old. He hasn't voted for jackshit, but its still his future they're bargaining away. When you say "The Young", and proceed to blame them for the situation, you're talking about twenty-somethings and up that are active participants. But you're leaving out the fact that the screwjob goes further than just ten years worth of new voters.

[Note: According to one of my many required diversity training courses, Gen Y goes from 1980 to 1999, meaning that there are some members of our generation that have yet to even reach voting age, hence my comment.]

I remember listening to a Social Security recipient complaining about how she couldn't live on Social Security. I was not in a charitable mood at the time and I had the temerity to point out that the program was never meant to be a person's sole source of retirement income, that people were expected to save some of their money during their working years too. Needless to say, my comment was not well received.

We have to stop calling it an entitlement, and call it what it has become, welfare.

BTW, can anybody explain to me when Social Security is actuarially unsound that we are cutting the "payroll" tax that funds it?

I'm not sure that's a fair statement.

It's fair.

When I say "young people" I'm not referring to children or blaming 7-year-olds for the results of the last election, or the last several elections.

I'm referring to Gen-Y (Millenials), most of whom were old enough to vote in 2008. That's the generation that put Obama into office and will have to pay for his profligate expansion of government spending and reach.

Other generations, even Gen-X, split fairly evenly down the middle in the 2008 elections. Millenials pushed Obama over the top. Obama won the popular vote 52.9%-45.7%, a 7.2 point difference. Generation Y made up roughly 12% of the electorate and voted 60%-39% for Obama. There's your difference.

Obama’s huge overall margin among Millennials contributed mightily to his strong victory this November. Indeed, without 18-29 year olds, Obama’s popular vote margin would have been slightly under one percentage point. That figure implies that the overwhelmingly proportion of Obama’s popular vote victory ... was attributable to the support of 18-29 year old Millennials. Indeed, without these Millennial voters, Obama would have been hard-pressed to claim much of a mandate from his election victory.

In addition to handing Obama the White House, Gen-Y handed him a super majority in Congress which went on an unprecendented spending spree.

It is important to stress that the Millennials’ political leanings are not just about party but rather reflect a deep structure of progressive attitudes that propels them, at this point, toward one particular party. ...Millennials endorse the idea of increased government activism to solve problems.

I've been wondering that myself...

Reasons not to vote for Obama the first time around.

He's an anti-white racist. You don't sit in Jeremiah Wright's congregation for 20 years and not even notice his politics are divisive.

No experience...in anything.

Imagined that he would be the one to get the parties to stop fighting and work bipartisanly...which is indicative of either 1) Incredible naivete or 2) Breathtaking arrogance.

Not wild about McCain, but he was the better choice.

Fair point Connan but our country's debt problems pre date the Obama administration.

As for the first time voters who voted for Obama, most of them never had a civics class. I was in 8th grade when mine was cancelled in the middle of the semester never to have been reinstated in all this time.

Most of them have no concept of history and they stopped teaching critical thinking long before I was ever enrolled in elementary school. The one english teacher I had in high school who tried incorperating it in to his class was threatened with termination in front of us and told point blank to teach from the teachers manual provided and nothing else.

Educating people and teaching them to think was dropped long ago to secure funding based on grades and graduation numbers. People of prior generations saw no need in investing in the education of their children and nearly an entire generation rose to voting age with no concept of thinking for themsleves and nearly 13yrs worth of mearly regurgitating what they heard.

So when they were surrounded by a media blitz of 'hope and change' they mindlessly went along - exactly as they were trained to

So really whos to blame - the mindless morons spit out by the public education system, or their parents and grand parents who couldnt be bothered to make sure their kids were getting a real education?

And its only going to get worst mind you. The first prssidental election most of my contemperaries were aware of was the 2000, thoiugh most of them missed being eligable to vote in it by a few weeks/months

Every new election cycle pours in an ever greater number of undereducated cretians reaised to never question authority

Yet it has been nearly impossible for the average person to accumulate enough of their own wealth to retire on.

A friend of mine, who is only in her 50s, told me she remembers when registered nurses made $2.10 an hour and that was considered good money. So if you had been one of those people, how many years of scrimping and saving would you have had to do, trying to save a percentage of your $2.10 per hour, just to accumulate enough money to live on for a single year when you reached your eighties?

Interest rates have been nearly zero for years now, and so have stock market returns. Essentially, you watch your money sit there and earn nothing while prices go up. You're trying to climb an escalator that is going down. And when you're too old to keep climbing?

Government fiscal policy, combined with Fed monetary policy, are making paupers of us all. It is baked into the cake at this point, since it wasn't fixed thirty years ago.

Well it doesn't seem like it took more than their first election to show the under-30 crowd the error of its ways. Now they are turning out in droves for Ron Paul.

Makes sense. They would like leadership that a) Doesn't saddle them with $15 trillion of spending that they didn't do, b) Ends all the interventionist wars, and c) Has better things to do than bitch about gay people.

Makes sense. They would like leadership that a) Doesn't saddle them with $15 trillion of spending that they didn't do,

Unless it is in his district.

b) Ends all the interventionist wars,

And brings back the policies that led to WWII.

and c) Has better things to do than bitch about gay people.

Right - like bitch about Jews and Blacks.

...our country's debt problems pre-date the Obama administration.

Definitely.

We were in a runaway boxcar on a collision course with fiscal reality.

The Obama adminsitration saw this and decided the proper course of action was to grease the wheels.

==============================

Every new election cycle pours in an ever greater number of under-educated cretins raised to never question authority.

And yet every other generation voting in 2008 split its vote fairly evenly between McCain and Obama.

But not Gen-Y.

Gen-Y bought the "Hope and Change" mantra. 60% of Gen-Y voted for Obama and sat back to watch the earth begin to heal and the ocean levels begin to recede.

60% of Gen-Y bought the idea that the solution to too much public debt was more public spending.

60% of Gen-Y bought the idea that GM should be taken from its owners and given to the unions along with large "loans" and outlays of public money to subsidize unwanted cars that can't go more than 50 miles per three-hour charge and are prone to catch fire.

60% percent of Gen-Y bought the idea that the solution to the energy crisis is to invest public money into technology that has been proven year after year to be inadequate to the problem while banning the technology that has been proven to provide actual energy on a large scale.

60% of Gen-Y bought the idea that the problem with healthcare in the US is that there's not enough bureaucracy involved.

60% of Gen-Y bought the idea that a man who had never made a difficult decision in his life or risked his political standing defending a principle was the right guy to handle the worst financial crisis since the Great Depression.

Only 50% of other generations bought those ideas.

So the next time that Gen-Y complains about being stuck with the bill for Grandma's medicare, remind them that their solution to the country's debt problem was to get a new credit card and go on a shopping spree.

I notice Conan you didnt refure my reasoning as to why tney acted the way the did.

And without a sever course correction or total fiscal collapse I'm betting futer voters do the same in eveen greater numbers