Bill Bonner: The war on the young

Bill-Bonner2

“Rules, regulations, restrictions – he doesn’t recall voting for a single one. Instead, they were imposed upon him. So were the costs of today’s omni-eternal state with claims – in the US alone — on (according to Niall Ferguson) some $238 trillion of future output.  Dear reader, between the time when we grew up and today the world has changed. It has been taken over by zombies, desperate to drain the future so they can enjoy it now. Old people get their benefits. Their laws. Their privileges. They get to have things more or less as they want them. And the young? Take it or leave it.  No wonder so many are trying to leave.”

http://www.equitymaster.com/dailyreckoning/detail.asp?date=07/18/2013&story=6&title=Young-in-France-are-leaving-the-country

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