The Younger Generation
excerpt from Rick Ackerman's daily column

.....it also reflects the evolution of the Internet in the sense that perhaps as recently as five years ago a commentator reporting economic truth in a blog (or whatever they were called in the good-old days) was regarded as a crank, and the mainstream press was regarded as the only place to find the truth. Hardly anybody nowadays would dispute that if you want the economic truth, you can only find it at blogs, etc. online, and that the mainstream press is not to be trusted.

The younger generation that is growing up with this online truth — do you know any young people who read newspapers? — and seeing the heartache caused to their parents and grandparents by the mismanagement of the economy over the last few decades, will be the ones to pull us out of this quagmire, but it ain’t gonna happen any time soon! After all, since the political generation responsible for causing the problems is currently charged with resolving those problems, it does not bode well for the short or medium term.