| ▲ | lenerdenator an hour ago | |
That bailout was unpopular in 2008. That was with a US government that was significantly less indebted than it is now, both in real terms and as a percentage of annual GDP. The crude birth rate is about 30% lower than it was in 2007. The generation that was coming of age at the time is the first in American history to have a lower quality of living than their parents. IMHO, unless there is some massive geographic and societal divider that stands between the likes of Sam, Dario, et al. and the rest of the country at the time of any sort of collapse, they'd be far, far better off just taking the losses and not bothering American society again. It won't be pretty if they come asking for a handout. | ||
| ▲ | alasdair_ 26 minutes ago | parent [-] | |
> The generation that was coming of age at the time is the first in American history to have a lower quality of living than their parents. I hate this way of thinking. The parents, at the same stage in life, didn’t have magical devices they could hold in their hands that would answer any question ever asked in human history, for example. Progress matters. Just because the average 20 year old at that time could rent a 10% smaller apartment than their parents could, doesn’t mean they would necissarily trade what they have access to in 2007 for what their parents could access in the eighties. People in 2007 are vastly better off than in 1984. | ||