Source; Padraig Martin
We owe GenZ a chance at what you had
If your primary complaint is that the Trump tariffs have hurt your 401K / Retirement funds, then you are missing the point. For decades, we traded away higher paying jobs for cheap trinkets. We did this while sending our young men and women to wars that did nothing. Retirement accounts got fatter, while job opportunities for the younger generations vanished, and body bags returned from useless engagements.
For many Boomers, when you came back from Vietnam, you had labor jobs waiting. For GenX, Millenials, and especially GenZ, they had Walmart stockboy and Dominoes delivery jobs after Iraq and Afghanistan. We spent trillions building other countries so that their young men would have opportunities. What began as the outsourcing of cheap trinkets and tee shirts has now become factories making cars, computers, and high tech chips.
Learn to code? We told our children to do just that. Those jobs are now in India.
Imagine a twenty-eight year old veteran coming home to the United States from Afghanistan with no job opportunities. While you say, "Thank you for your service," he is struggling to survive on $15 and hour in his camouflage vest at Lowes. That is fundamentally immoral.
GenZ is not suffering from a work ethic crisis. They are suffering from decades of betrayal - by older generations who traded their future for one more dollar in their retirement accounts. How can they not be angry?
Yesterday, my retirement account took a 10% hit. I am about 20 years from retirement (if that ever happens). Today, I may lose another 5%. So what? We owe it to our children and grandchildren to give them a future we have long since stolen from them. As a father, my selfish desire to retire comfortably needs to take a backseat to a correction necessary so that some day my children and grandchildren can have their own future.
They need a chance. If we are unwilling to give that to them, we - as a society - fail. Let's see what the tariffs get us. Hopefully, it gets more opportunities for our younger generations. Your stocks will recover. Their future, however, remains uncertain.
My comment;
STEPHEN MILLER SAYS IT BEST ON THE TARIFFS AND HOW IT HAS COST AMERICANS TRILLIONS THAT SHOULD BEEN IN OUR POCKET, AND I AGREE WITHY HIM.
See Video; https://gettr.com/post/p3jjtuwf802
The Tradesman
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