Will millennials trigger the end of capitalism as we know it?
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The United States is entering a new era - one in which the new American President is to be decided, robots are taking jobs, Trump is running for the presidency and the economy is sagging dangerously low. What else is headed our way?
Highlights
Catholic Online (https://www.catholic.org)
2/11/2016 (8 years ago)
Published in Business & Economics
Keywords: Millennials, capitalism, Bernie Sanders, vote, Donald Trump
LOS ANGELES, CA (Catholic Online) - Capitalism is great - it's part of what helps turn the wheels of our country, but has it gone overboard, leaving some to ask if socialism is the solution.
The simply answer is that no, socialism is definitely not the path to resolution.
The thing about millennials is that they love the idea of immediate change - case in point, Obama was elected twice despite his push to force unwanted universal healthcare, his questionable claim that somehow several billions of jobs became available despite our all-time-high unemployment rate and that he would be able to kickstart the economy, something he has yet to do.
Tic-toc, Obama.
In keeping with the idea of immediate gratification, millennials are voting for self-professed "democratic socialist" Bernie Sanders and Donald Trump - a man who has openly confessed he would rather not deal with economic issues.
As of February, polls show Sanders and Trump are the most supported leaders of their prospective political parties.
The problem many millennials don't see is that immediate change does not always do as well down the road -recall the number of states attempting to repeal Obamacare.
If Trump won, he would push his personal agenda - as he has since becoming a businessman - and refrain from allowing others to give him sound advice. He has not described a single substantive policy, has zero political experience, remains morally questionable and continues to be openly intolerant and insulting -something that could easily lead to WWII.
Somehow, despite his many faults, Trump stands atop Republican polls. It should come as no surprise that the majority of Trump's supporters are millennials?
Should Trump take the presidency, change would certainly come, but at what price?
In a January interview with Good Morning America, Trump admitted he saw the U.S. economy as a bubble he would rather not deal with.
Does America deserve a man such as this?
It is clear the general millennial take is for someone new to enter the presidency, but it is equally apparent that they are not looking at the long-term implications of doing so.
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