“We — your parents — enjoyed an economic expansion that began when we were born and continued, with only short interruptions, until we retired. We got out of school with little or no student debt. We could start businesses with generally few impediments. We could borrow money to fund our businesses and our lives. We could hire, fire, switch jobs…buy and sell houses…move from place to place… We were freer…and richer…than you will be…unless you can wipe the slate clean of our debts, our foolish wars and dumbbell programs, and our attempts to hold back the future and prevent you from living rich, full, free lives of your own.”

https://www.equitymaster.com/dailyreckoning/detail.asp?date=05/12/2015&story=2&title=To-the-Class-of-2015-Part-2

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