Opus 2022-100: Cycles

Too many people today are living on the equity of their ancestors.  I would think this is mainly those from working age to mid-life crisis.  Before they go to work, children are in the growth bubble.  They are nurtured and spoon fed to a certain degree.  How this nurturing is done will determine their ability to face the real world when they leave the nest.  The mid-life crisis forces the older group to take a more serious look at the time they have left.

I am reflecting mainly on the children of friends and acquaintances.  My own children are of course Lake Wobegon children, above average.  They look at the world without rose colored glasses.  It is the other “children” I worry about.  The ones I am thinking about have jobs that pay well.  They are not suffering.  They are definitely not going without.  At the same time they seem to think that the party will go on forever.  

When you think about it, my generation is much the same.  I grew up in the Leave It to Beaver years.  I am not criticizing the show.  That was the way my world was.  My family was blue collar but worked hard and kept their head above water.  My three brothers and I never went hungry and always had patches to put on the knees of our non-Levi’s.  I don’t think any of my brothers ever saved a dime.  It was a time of plenty, why would you need to have a nest-egg?

The lock-downs and government tyranny of the Covid manipulation have made some people wake up but the handouts and free money kept the party going for many.  My fear is, as the man said, “You ain’t seen nothing yet.”  Gas is getting close to double what it was a year ago.  The groceries I buy and thus know the price of are creeping up every time I go to the store.  I am not hearing about a parallel track on my income sources.  I don’t know what people are going to do who have their credit cards to the hilt and are still renting.

The economy goes in cycles.  We are in a down time.  Let us hope that our children make it through and the only scars they have are the ones that taught them to watch their pennies.

homo unius libri