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| 'Disinherited' - Shows Destructive Effects of Gov't Intervention on Youth |
| 2016-10-05 |
| [Atlas Network] The road to hell is certainly paved with good intentions -- just ask a millennial. Ours is, after all, the demographic that is being hit the hardest by decades of social programs and discretionary fiscal and monetary policies that, no matter how well intentioned, are ultimately harmful. It should come as no surprise that those of us between the ages of 18 and 35 will likely not achieve the same financial success as our parents and grandparents -- at least not as easily as they did. It will take most of us a longer time to graduate from college, get our first job, and buy our own home. We’ll pay into the current system, but we won’t get much of a return. As Diana Furchtgott-Roth and Jared Meyer, of Atlas Network partner the Manhattan Institute, masterfully note in their new book Disinherited: How Washington Is Betraying America’s Young, "the old gain and the young pay." The book is by no means an attack on any one politician or political party, however, and that’s an effective approach. Through objective research and candid interviews of real millennials, the authors are able to lead their readers to understand that many of the key problems faced by millennials are caused by policies enacted by federal, state, and local governments. To illustrate these problems, Disinherited is broken up into four main parts: "Stealing from the Young to Enrich the Old," "Keeping Young People Uneducated," "Regulations That Cripple the Young," and "Where To from Here? " September 25, 2016 update: Manhattan Institute Wins 2016 Sir Anthony Fisher International Memorial Award for the Book 'Disinherited.' |
| Posted by:Besoeker |
| #3 This has been going on for a very long time, in particular the money wasted on what has, for many young people, been a phony education with little authentic value. It isn't just the money. It's also the time and the energy. Think of what could be accomplished with all that youthful energy and time if it wasn't wasted on a "liberal" education. |
| Posted by: Abu Uluque 2016-10-05 11:17 |
| #2 The regulatory leviathan (and it's evil sister and parasite, the "human resources" industry) makes employing people a paperwork nightmare, I believe I know whom we have to thank for this progressive, egalitarian cock-up. I was reminded of their handiwork (and model) last week when I visited the Atlanta VA. |
| Posted by: Besoeker 2016-10-05 07:51 |
| #1 This has been going on for a very long time, in particular the money wasted on what has, for many young people, been a phony education with little authentic value. Most of the college degrees given over the past 30 or so years have been ridiculous things a chimp could get, particularly in the arts and humanities and social "sciences". All that "education" has been a tremendous waste of resources that could have been better directed to provide a more productive society. This will not end well. The "stealing form the old" part has been going on for a while, too. Most estimates of the actual size of public retirement obligations run from 80-100 trillion, which is probably unfundable absent future generations paying three-quarters of their income in taxes so that people in their mid-sixties who were employed by various levels of government can have a fifteen year cushy retirement. That will not end well. The regulatory leviathan (and it's evil sister and parasite, the "human resources" industry) makes employing people a paperwork nightmare, an ever-increasing financial liability and cost center instead of value added, and drives the number of employees that any given business will hire down. This will also not end well. |
| Posted by: no mo uro 2016-10-05 06:28 |