Mike Duffy,
Every generation in America has done better than the previous generation,....................... until now.
It was recently reported that for people 25 years of age, 37 % of their income will go to fund entitlements in the future and that funding the debt will cost more.
That's a hell of a future.
I'm not worried about myself, I'v lived a good life.
But, I worry for my kids and grandkids.
I don't think they'll ever see what my generation and my father's generation enjoyed.
I think the generations that will benefit and enjoy an improved standard of living the most, are the young Chinese.
If we don't ease regulations, the cost of transacting business and bring back manufacturing, we'll never regain our former lofty status.