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Scott Galloway: How the US is destroying young people's future [video]

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Re: Scott Galloway: How the US is destroying young people's future [video]

#91

Post by bryanlarsen »

Zod666 wrote: post #56
obsoletehippo wrote: post #44

Earlier quoted context omitted.

Want to give any evidence of your Boogeyman Trudeau's efforts to punish the middle class?

Well, about a year ago he put a 2 year ban on foreigners purchasing homes. But his reason for doing this was housing market fluctuations due to COVID. Due to COVID?! The housing market has gone to insane levels. Certainly it's not all due to foreign buyers, but why as a citizen would I want to compete on the global market for our homes? The answer is I never want to complete globally for something that should sell lo…

I'm trying to parse your comment. You approve of what Trudeau did, but are complaining because he did it for the wrong reasons?

Re: Scott Galloway: How the US is destroying young people's future [video]

#92

Post by voisin »

ryandrake wrote: post #83
voisin wrote: post #65

Earlier quoted context omitted.

Is there actual evidence of this occurring or is it just a hypothesis? I can’t recall offhand significant policy changes to capture voting demographics.

Maybe because voting demographics change so slowly, policy changes slowly too. Thirty years ago, when I was still in K-12 school, Baby Boomers were the largest generational voting bloc in the USA, and they still are . With a few exceptions that the rest of us are grateful for, it's been politically status-quo for pretty much my entire life.

Right, but I think you are making my point. Despite the boomers dominating for decades, we’ve seen the GOP swing far right relative to the 70s/80s. For example, Nixon massively expanded the Clean Air Act and enacted the Clean Water Act, which never would never have happened with the GOP in the last 30 years.

Re: Scott Galloway: How the US is destroying young people's future [video]

#93

Post by debug-desperado »

I'm not convinced that Scott's suggestions will move the needle. Most are good ideas (e.g. term limits, more vocational training opportunities), but some I find distasteful (e.g. forced identity verification for internet services, not being entitled to social security if you've accumulated too much, etc.). We've made too many terrible decisions for too long as a nation, to the point now I feel like the spiritual malaise for the young can only be cured by hard asset prices collapsing by 30% or more.

His end slide recap is below.

Economics:

  // Increase minimum wage to $25/hr
  // AMT for high income and corporations
  // Re-fund the IRS
  // Negative income tax (i.e. UBI)
  // Eliminate capital gains exemption
Technology:

  // Remove 230 protection for algorithmically-elevated content
  // Identity verification
  // Break up Big Tech
  // Age-gating
Social Policy:

  // Universal pre-K
  // Reinstate expanded child tax credit
  // Term limits
  // Income-based affirmative action
  // Expand college enrollment & vocational programs
Mental Health:

  // Ban phones in schools
  // Invest in 3rd places
  // Big Brothers/Sisters programs
  // National service requirement

Re: Scott Galloway: How the US is destroying young people's future [video]

#94

Post by baggy_trough »

debug-desperado wrote: post #93

I'm not convinced that Scott's suggestions will move the needle. Most are good ideas (e.g. term limits, more vocational training opportunities), but some I find distasteful (e.g. forced identity verification for internet services, not being entitled to social security if you've accumulated too much, etc.). We've made too many terrible decisions for too long as a nation, to the point now I feel like the spiritual mala…

I don't know how anyone can look at what's going on with AI and think that now is a great time to make it illegal for people to work for less than 50K a year. It would be absolutely devastating for young people especially.

Re: Scott Galloway: How the US is destroying young people's future [video]

#95

Post by voisin »

bryanlarsen wrote: post #90
voisin wrote: post #54

Earlier quoted context omitted.

Anyone with eyes can see adding more than a million people since COVID began without laying the groundwork in terms of residential capacity or healthcare capacity can see the impact. It’s kept wages suppressed, house and rent prices inflated, and family docs MIA.

An odd take considering that a large percentage of family doctors in Canada are immigrants.

I am not sure the relevance of your point. Are you suggesting that we have imported as many family docs as we have non-family docs on a per capita basis to keep the ratios the same? If not, what’s your point?

Re: Scott Galloway: How the US is destroying young people's future [video]

#96

Post by bryanlarsen »

voisin wrote: post #95
bryanlarsen wrote: post #90

Earlier quoted context omitted.

An odd take considering that a large percentage of family doctors in Canada are immigrants.

I am not sure the relevance of your point. Are you suggesting that we have imported as many family docs as we have non-family docs on a per capita basis to keep the ratios the same? If not, what’s your point?

I'm saying we have imported far more family docs than needed to keep the ratios the same. That without immigration we'd have an even greater shortage of family docs than we do now.

Re: Scott Galloway: How the US is destroying young people's future [video]

#97

Post by Teslazar »

lIl-IIIl wrote: post #58

I've been hearing a lot about how the latest generations have a lot less wealth than their parents. SonI was surprised to read The Economist reporting the opposite: https://archive.is/lwKKk

The article mentions this, but housing is so much more expensive now that it's by far the largest cost for some people depending on where they live. For example, my father's first house was less than 2x his annual income. Now, in the same city, a similar house is about 17x the annual income of someone working a similar job. Even a small condo is about 8.5x.

Re: Scott Galloway: How the US is destroying young people's future [video]

#98

Post by em-bee »

n-i-m-a wrote: post #71
jmclnx wrote: post #3

He is right, but the young can change things. The sad fact is they do not vote, and if they vote at all it is only in presidential. Even in those elections well less then 50% vote. They are a big voting block, if they all start voting, including in local elections, in about 10 years you will see change. But seems people these days want instant change. 2024 will be a big tell for the young, depending on who wins, thin…

What happens when neither candidate is your ideal candidate? In my country, it has been decades that people have had to choose between bad and worse. All handpicked by the "system" and not a single one being an ideal candidate for the "people".

this is one of my pet peeves about our so called democratic systems. how can we have a democracy if we can't choose who gets to be a candidate?

Re: Scott Galloway: How the US is destroying young people's future [video]

#99

Post by maxerickson »

em-bee wrote: post #98
n-i-m-a wrote: post #71

Earlier quoted context omitted.

What happens when neither candidate is your ideal candidate? In my country, it has been decades that people have had to choose between bad and worse. All handpicked by the "system" and not a single one being an ideal candidate for the "people".

this is one of my pet peeves about our so called democratic systems. how can we have a democracy if we can't choose who gets to be a candidate?

I live I the US (so I'll speak to that situation), where it certainly is difficult to influence who is on the ballot for the major parties, but we do pretty much have open ballot access, where anyone that follows the process can stand for an election, and write in votes are at least very widely accepted.

Re: Scott Galloway: How the US is destroying young people's future [video]

#100

Post by em-bee »

maxerickson wrote: post #99
em-bee wrote: post #98

Earlier quoted context omitted.

this is one of my pet peeves about our so called democratic systems. how can we have a democracy if we can't choose who gets to be a candidate?

I live I the US (so I'll speak to that situation), where it certainly is difficult to influence who is on the ballot for the major parties, but we do pretty much have open ballot access, where anyone that follows the process can stand for an election, and write in votes are at least very widely accepted.

the likelihood of a write-in candidate are small. i could not find any actual statistics but this article which points out that write-in candidates do win occasionaly:

http://www.virginiaplaces.org/government/writein.html

but the article also shows that some write-in wins are based on a technicality, like when there are more seats than nominated candidates.

in other words, this is not a level playing field. write-in candidates are not on equal footing with candidates nominated by established parties. even alternative parties usually have little chance.

in a truly democratic system write-in candidates would have an equal chance to get elected compared to those nominated by major parties. i don't know what the solution here is. in the current systems, those with more funds can do more campaigning. so do we need to eliminate campaigning entirely?

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