1) You are a special little flower: We live in an “everybody’s a winner,” don’t use red ink, don’t offend anyone, participation trophies for everyone era where we build up self-esteem as much as possible. Then the college student who just went $100,000 a year in the hole to get a women’s studies degree from a prestigious university finds that she’s not even a stand-out at the $10 an hour job she only got because her father knew someone. This leaves her angry and baffled as to why she doesn’t even merit a raise, much less a promotion. When you have that experience, it’s easy to retreat into bitterness or video games where “greatness awaits” in a simulation where you get to restart over and over until you win….
2) Social Security and Medicare will be there for you: Young Americans are expected to pay into Medicare and Social Security, but the programs aren’t going to be there in their present forms when they get old enough to use them. In other words, we’re defrauding young Americans. We’re telling them to pay today so they’ll be taken care of when they get old, but we have no intention of ever allowing them to collect. Unless there are massive changes made to our entitlement programs, most young Americans should expect to work until they die. Let me repeat that: if you’re 25 years old, you will not get to retire at 65 like your parents because you will have to work until you drop dead. When there’s a100 trillion dollar difference between what we already owe and the money we’re collecting to pay it, that’s not even a legitimately arguable proposition. If young Americans would like to receive more than sack cloth and an occasional bowl of gruel from the government once they get long in the tooth, they should be demanding entitlement reform.