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Charlie Sykes: Sykes Writes

BEST READ: GENERATION CHUMP?

By Charlie Sykes

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Robert Samuelson wonders whether the Millenials will turn out to be the Chump Generation. I'm guessing yes, and oh yes.

Regardless, more bad news may lie ahead. As baby boomers retire, higher federal spending on Social Security, Medicare and Medicaid may boost Millennials' taxes and squeeze other government programs. It will be harder to start and raise families.

Millennials could become the chump generation. They could suffer for their elders' economic sins, particularly the failure to confront the predictable costs of baby boomers' retirement. This poses a question. In 2008, Millennials voted 2 to 1 for Barack Obama; in surveys, they say they're more disposed than older Americans to big and activist government. Their ardor for Obama is already cooling. Will higher taxes dim their enthusiasm for government?

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  1. Bjorn Yesterday - Mar 09, 2010 9:40 AM

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    The fire of progressive statism will burn bright. Only the rich pay taxes under our progressive leader.

  2. MADDOG - Mar 09, 2010 9:49 AM

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    Kind of makes you want to go out and strike it rich eh? So you can pay for everyone that doesn't feel like trying.

  3. inthefuture - Mar 09, 2010 10:18 AM

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    We must be chumps for staying in the USA after you old gas bags destroyed our economy, the earth and saddled us with the debts of your retirement. If young people acted you, there would be no tax breaks on retirement income, no social security and you would certainly have to work until you dropped dead to pay for your health care.

  4. filthy Rich - Mar 09, 2010 11:20 AM

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    bigot

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