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Monday, July 01, 2013

8 Ways That Young People Are Getting The Shaft... And What To Do About It

One of my favorite things I do each year is our annual Liberty and Entrepreneurship camp, which we hold each summer in Europe.

It’s predominantly for younger people in their early to mid 20s, and one of the things that we drive home each and every year is that they get royally screwed. Consider:
1) Whenever governments gone wild engage in military folly on the other side of the globe, it’s the younger generation that’s expected to go fight and die in foreign lands.

2) They’ll pay rising taxes for their entire working lives in order to service the debts of previous generations.

3) They’ll have to support a ballooning number of retirees more than any other generation in modern history. Census data show that the number of workers per retiree is now at the lowest on record in the US, France, Germany, UK, Italy, Japan, etc.

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