Where the Boomers Led Us, Or Our Worse Presidency to Date

[JasonBlack]

(07-27-2022, 01:26 AM)pbrower2a Wrote: We have conventionally understood that enough prosperity solves all problems. I'm not sold on conspicuous consumption, and such as we have implies resource depletion that will ultimately impoverish us and waste heat that could make our planet far less habitable than it is now.

I'll raise you one: most people should spend some time in their life being poor. Understanding the concept of scarcity of a visceral level is the beginning of understanding problem solving, restraint and patience. There are few things which will teach you more about competition, and, conversely, few things that will teach you more about cooperation. People should be encouraged to pursue greater prosperity over time, but prosperity in the hands of those with underdeveloped character and understanding brings nothing but ruin.

While we're at it, we need to chill with all this Kenynesian, broken window fallacy nonsense that just incentivizes "growth" (read: frivolous spending) for its own sake. Few things are better at promoting inflation, erosion of personal savings, responsible financial behavior (both government and private) and the rise of bureaucracies who become insulated from the consequences of their decisions. If anything, I'd argue this is one of the major causes of the current 4th Turning.