To: Mongo2116 who wrote (1192481 ) 1/11/2020 10:19:19 AM From: RetiredNow Respond to No question that the Millennials got screwed. They started their careers into the middle of the Great Financial Crisis and have a lot of debt. In addition, many Boomers and Gen Xers make fun of them all the time, which is why the rise of the "OK Boomer" meme. On top of all that, the Millennials are the sons and daughters of the Boomers, so they were raised to be revolutionaries like their parents. So yes, the cauldron was set to boil for that poor generation and they are rebelling against the things they can't control. The sad part is that Bernie rose up at the exact right moment with his message of Socialism and it hit home with the Millennials, because it was a message of hope for them. And with the Universities bent so liberal and vilifying the capitalism and Millennials experiencing the worst of recession, it's no wonder they turned to Socialism and Bernie for hope. What they were never taught is how the pernicious Fed rigged the game in favor of asset holders through their never-ending low rates and QE and how that is highly destructive of the 99%, while enriching the 1%. What they were never taught is that the timing of the rise of school tuition coincided quite closely with the massive government intrusion into school loans, which dis-intermediated the banks and provided a deep pocket for the schools to pick, leaving the debt on student shoulders as the patsies that enriched the schools. What they were not taught is that creeping Socialism calcifies corruption and government interference, which destroys the incentives for people to compete based on merit, and intensifies the situation where only the well-connected or the people who tow the party line are the ones who get ahead.
