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cwperkins | 5 years ago

I can't say I share the same feelings as you, but it certainly would be great to see young Americans be more excited about the future and I think some big investment in infrastructure could be a way to make that happen. There are many people worse off in other Countries that are happy because they are seeing vast improvements year over year and their own value goes up proportionately to how much effort gets put in.

We have low interest rates so I'd love to see shovel ready projects like the Gateway tunnels in NYC get off the ground. I'd love to see emerging industries in America get bigger like Robotics, new Energy Ventures, anything related to Space and Advanced Manufacturing.

Anecdotally, the largest problem I think we have is that there are vast amounts of people who feel like victims and just about everyone feels like they are under attack or have been violated. I want to create value with my life and hope that I can provide opportunity for others in the process. There are many culture wars things that are debated on social media that I see disingenuous actors from many angles that I need to drown out so I can focus on other things.

discuss

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derg|5 years ago

What future? What is there to be excited about? Can't actually spend money at the federal and state level aside from tax cuts and the military without being met with resistance and a subset of politicians and economists screaming bloody murder about super dooper hyper inflation that's totally going to happen any day now we promise (but don't worry about the last 40 years of us saying it, this time we're sure we're correct).

We have low interest rates now. We had low interest rates in 08 through the early 10's too but the ~i n f l a t i o n~ boogyman and super serious debt hawks said we couldn't do it, all while passing tax cuts and giving the military essentially unlimited money, while continuing to erode our rights.

American infrastructure is beyond saving and will require new deal levels of spending to even get it to a shape resembling the amount of wealth this country has, and we are never going to do it because we live in an oligarchic state and the billionaires are fine, so why do we need to do anything more?

foob4r|5 years ago

False optimism about the future from older generations is nothing new - been happening for years now

imtringued|5 years ago

Actually the central banks are very good at causing inflation. The problem is that the only way to get access to central bank money is through a mortgage or a student loan. Corporations are not in need of financing beyond surviving the current lock down. So what we get to see is inflation in higher education and house prices.

If you want to borrow money from a bank as a 26 year old startup founder you are probably getting a bad deal with high interest rates. You're not seeing the benefit of the negative interest rates. Going from a 13% interest rate to 10% isn't going to magically make your startup profitable.

Basically the policies have an effect but they are completely inaccessible for those who actually need them. Because of the selective access the stimulus is actually causing market distortions that hurt those who don't have access to the stimulus.

UncleOxidant|5 years ago

> it certainly would be great to see young Americans be more excited about the future and I think some big investment

I don't think it's the fault of young Americans. It's more the fault of those in charge. We haven't been investing in young Americans like we did in the post WWII era. It's no wonder they're pessimistic given high amounts of student debt and political rulers that are basically trying to milk all the money out of the masses to enrich the themselves and their wealthy friends.

malandrew|5 years ago

> I think some big investment in infrastructure could be a way to make that happen

I'm curious what infrastructure you think would excite young Americans. With the exception of changing energy generation from fossil fuels to renewables, I can't think of a single thing that I could generalize young Americans caring about, much less be excited about.

Not saying that there aren't people like yourself and others that get excited about infrastructure, but is there anything that would excite more than just a tiny subset of us nerds that care about such things?

> Anecdotally, the largest problem I think we have is that there are vast amounts of people who feel like victims and just about everyone feels like they are under attack or have been violated.

I wholeheartedly agree that many feel this way, but how does getting excited about infrastructure projects address this? The root cause of people feeling this way is because they are constantly being told by the MSM and social media that they should feel this way.

jyrkesh|5 years ago

I'm a "young"-ish American (lower end of millenial), and the growth of public transit in my local city was immensely exciting. New trains and bus routes were probably a huge factor in me staying where I'm at, and I feel more engaged in local politics than anything happening on the national stage.

Contrast that with some of the underfunded, addiction-riddled states where nothing new has been built since the 1960s...I mean, I'm going crazy just from staying inside for the last couple months. I couldn't imagine what it'd be like if I was born in and terminally stuck in a town that looked exactly the same for entirety of my life. That's incredibly depressing and demotivating.

andrekandre|5 years ago

> Anecdotally, the largest problem I think we have is that there are vast amounts of people who feel like victims and just about everyone feels like they are under attack or have been violated.

its easy to feel that way when the news media from fox (especially) to cnn is pumping that stuff out daily as they almost seemingly yell at you from the screen...