Archive for August, 2015

And the band played on….

Posted in politcs, rankers, Uncategorized with tags , , , , , , , on 3, August 2015 by chockblock

Shot:

Yet as troubling as that may be, the sixties were in many ways the Boomers’ finest moment. It was at least a fad then to pretend to care about racial justice at home and war abroad, to speak out against pollution and prejudice. But it was mostly just talk. As they came of age, and as idealism might have required some real sacrifice, idealism suddenly became unfashionable.
The Worst Generation, Or, how I learned to stop worrying and hate the Boomers
By Paul Begala

Chaser:

TO some, millennials — those urban-dwelling, ride-sharing indefatigable social networkers — are engaged, upbeat and open to change. To others, they are narcissistic, lazy and self-centered.

I’m in the first camp, but regardless of your opinion, be fretful over their economic well-being and fearful — oh so fearful — for their prospects. The most educated generation in history is on track to becoming less prosperous, at least financially, than its predecessors.

They are faced with a slow economy, high unemployment, stagnant wages and student loans that constrict their ability both to maintain a reasonable lifestyle and to save for the future.

Longer term, rising federal debt payments and increased spending on Social Security and Medicare will inflict a tremendous financial burden on them, threatening their own prospect of receiving promised retirement benefits.

To a considerable extent, that’s the fault of my generation, the baby boomers. We were the children of the Greatest Generation, but we may also be the most irresponsible generation.

We’re to blame for the millennials being such a bunch of jerks, Steven Rattner, NYT.com.

As ye sow, so shall ye reap….

“America as the new Scandinavia”

Posted in politcs, rankers with tags , , , , , , , , on 3, August 2015 by chockblock

Question:

That’s right. That’s right. And what’s wrong with that? What’s wrong when you have more income and wealth equality? What’s wrong when they have a stronger middle class in many ways than we do, higher minimum wage than we do, and they are stronger on the environment than we do? Look, the fact of the matter is, we do a lot in our country, which is good, but we can learn from other countries. (Bernie Sanders)

Democratic politicians, and especially the furthest-left ones like Sanders, have always been more open to the Scandinavian example than others—but it’s been a long time since anyone so liberal has achieved Sanders’s prominence nationally. It’s especially unusual for any Republican to follow suit, but Jeb Bush did just that when he returned from a jaunt to Europe, marveling at technological innovation in government services: “You can fill out your tax return in Estonia online in five minutes.” (Yahoo)
Is the U.S. Ready to Become Scandinavia? (Yahoo.com)

Answer:

Dare we dream? America as the new Scandinavia (HotAir.com)

Dare we dream? America as the new Scandinavia Greece.

It’s called learning from history – and other countries.

— Athos on August 2, 2015 at 1:04 PM, comment thread in repose to the above article

Ah, the Nordic “model”, as Reason.com points out: “A touch too much in the way of conformity, high taxes, and “benign totalitarianism”.

And Sweden is trying to privatize large parts of it’s industry, Finland has pretty much let Nokia die after selling large parts of it to Microsoft (Mariana Mazzucato can’t be reached for comment).

A lot of ink has been spilled and a lot of memes and pictures on the internets been used to say that America should be more like Scandinavia. Mostly so the young liberals can live like teenagers.

The problem is paying for all of it.  Even Scandinavia is trying to find out how to pay for all that socialism, unlike Greece.

The Iron Lady on socialism.

The Iron Lady on socialism.