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Boomers Ruined America

Public Policy

The Baby Boomers ruined America. That sounds like a hyperbolic claim, but it’s one way to state what I found as I tried to solve a riddle. American society is going through a strange set of shifts: Even as cultural values are in rapid flux, political institutions seem frozen in time. The average U.S. state constitution is more than 100 years old. We are in the third-longest period without a constitutional amendment in American history: The longest such period ended in the Civil War. So what’s to blame for this institutional aging?

One possibility is simply that Americans got older. The average American was 32 years old in 2000, and 37 in 2018. The retiree share of the population is booming, while birth rates are plummeting. When a society gets older, its politics change. Older voters have different interests than younger voters: Cuts to retiree-focused benefits are scarier, while long-term problems such as excessive student debt, climate change, and low birth rates are more easily ignored.

But it’s not just aging. In a variety of different areas, the Baby Boom generation created, advanced, or preserved policies that made American institutions less dynamic. In a recent report for the American Enterprise Institute, I looked at issues including housing, work rules, higher education, law enforcement, and public budgeting, and found a consistent pattern: The political ascendancy of the Boomers brought with it tightening control and stricter regulation, making it harder to succeed in America. This lack of dynamism largely hasn’t hurt Boomers, but the mistakes of the past are fast becoming a crisis for younger Americans.

Zoning codes in America have their roots in the early 1900s. Some land-use rules arose out of efforts to manage growing density in cities due to industrialization and new construction technologies that allowed taller buildings. But most zoning was intended to protect property values for homeowners, or to exclude certain racial groups. For many decades, though, zoning codes were relatively limited in scope.

Stricter zoning rules began to be implemented in many places in the 1940s and 1950s as suburbanization began. But then things got worse in the 1960s to 1980s. This shift is reflected in the increasing frequency with which various land-use associated words were used in Google’s database of American English-language publications. These decades, when the political power of the Baby Boomer generation was rapidly rising, saw a sharp escalation in land-use rules.

There’s debate about why this is: Some researchers say the end of formal segregation may have pushed some voters to look for informal methods of enforcing segregation. Others suggest that a change in financial returns to different classes of investment caused homeowners to become more protective of their asset values.

Today, strict land-use rules—whether framed as rules about parking, green space, height limits, neighborhood aesthetics, or historic preservation—make new construction difficult. Even as the American population has doubled since the 1940s, it has gotten more and more legally challenging to build houses. The result is that younger Americans are locked out of suitable housing. And as I’ve argued previously, when young people have to rent or live in more crowded housing, they tend to postpone the major personal events marking transformation into settled adulthood, such as marriage and childbearing.

But, of course, Boomers didn’t only make rules that nudge young people out of homeownership. They also made new rules restricting young people’s employment. Laws and rules requiring workers to have special licenses, degrees, or certificates to work have proliferated over the past few decades. And while much of this rise came before Boomers were politically active, instead of reversing the trend, they extended it.

Just as tight land-use rules make existing homeowners richer by reducing how many new houses are listed on the market, strict licensing rules make existing workers richer by reducing competition in their fields. And while some industries clearly need licensing rules for health and safety reasons, most of the growth in licensure has been in fields where health and safety justifications are less salient: Do you really need hours of course work and special exams to be a florist, an interior designer, or an auctioneer?

By privileging existing workers, licensure rules increase income inequality, and they do so specifically by shifting income toward older workers. When licensure standards exclude felons, they also disproportionately affect minorities. Young people, and especially minorities, are increasingly being legally prohibited from work.

Again, scholars differ on explanations for why licensure has proliferated. It could be that work has simply gotten more complex. Or it could be that the decline of unions led to a search for new ways to maintain occupational closure. Increased gender and racial integration in workplaces may also have led to a search for new forms of hierarchy.

But even for workers who don’t need a formal license, barriers to work have grown over time. Jobs that once required a high-school degree now require a college degree. This escalation of credential requirements has created a kind of educational arms race. The rise in collegiate attainment, again, did not begin with Boomers. Rather, the GI Bill, and the explosion in new university chartering that it underwrote, created a new norm of college education for many jobs. With the rising availability of higher education, employers, who tend to be older than their employees, often demand degrees as licenses.

Meanwhile, even as higher education gets more expensive, the actual economic returns to a university degree are about flat. People who are more educated make more money than people with less education, but overall, most educational groups are just treading water. The social norm requiring degrees for virtually any middle-class job is one largely invented by Boomers and their parents, and enforced by those generations.

As with formal licensing and land-use rules, there are explanations for the rise of degree requirements: greater public support for education, a complex economy, growing demand for knowledge-workers. All probably have some validity. But the actual enforcement mechanism for this norm is explicitly generational: older employers setting standards for younger job applicants.

And whatever specific factors contributed to the rise of licensure, land-use rules, and demands for more degrees, these developments are part of a wider social trend toward increasing control and regulation across all walks of life. Regardless of changes in formal segregation, unionization, demand for knowledge workers, returns to various asset classes, or other explanations for the rise of work and housing regulation, what is striking is that these trends occurred simultaneously. A graph tracking the rise in paperwork needed to start a new business, or the length of census questionnaires, or the length of the federal code, or virtually any measure of administrative or regulatory complexity would show the same basic trend. Sector-specific explanations seem a bit suspect when the trend itself is so general.

The most glaring example of this growth in regulation and control is also the easiest one to pin on Baby Boomers: the incredible rise in incarceration rates. Even though murder rates are today at the same levels they were in the 1950s, the imprisoned share of the population is higher in America than in any country other than North Korea. We imprison a larger share of the population than authoritarian countries such as Turkmenistan and China.

That huge spike has a very clear origin in the crime wave of the 1960s and 1970s. Academic research has shown that incarcerating more criminals does reduce crime somewhat, so, as with all the other examples I’ve given, this response was understandable.

But many countries experienced a similar crime wave. Most of them experienced similar crime declines in the 1990s, even without so much imprisonment. Furthermore, research has also shown that imprisonment patterns in America were heavily biased by race, with incarceration rates not always reflecting actual rates of criminality.

Today, while incarceration rates are edging lower, they remain astonishingly high. Even as younger Americans are locked out of jobs and housing by strict rules set by previous generations, a startlingly large share of them, especially in minority communities, are literally behind bars. Those who remain free are nonetheless bereft of family, friends, and potential co-workers—and whole communities are, as a matter of law, stripped of potential workers.

It’s understandable that, faced with a wave of crime, Baby Boomers might want to respond with a law-enforcement crackdown. But the scale of the response was disproportionate. The rush to respond to a social ill with control, with extra rules and procedures, with the commanding power of the state, has been typical of American policy making in the postwar period, and especially since the 1970s. And whatever specific arguments may have justified a command-and-control response to crime, this kind of response reared its head for every major political problem encountered by Baby Boomers: housing, jobs, education, crime, and, of course, debt.

Even young Americans today who are free from prison are nonetheless in bondage to debt—sometimes their own debt, in the form of rapidly growing student loans or personal and credit-card loans. But on a larger scale, the problems of entitlements, pensions, Social Security, Medicare, and federal, state, and local debt are becoming more severe all the time. Already, in places such as Detroit, Illinois, and Puerto Rico, where political rules make flexible solutions hard and the population is aging very quickly, massive debt restructurings loom large. But around the country, the pressures of long-term obligations will grow.

Below, I show a reasonable projection of the share of national income that will have to be spent paying for these obligations in the future if there is no substantial restructuring of liabilities. It’s based on consensus forecasts from groups such as the Congressional Budget Office and the Office of Management and Budget for economic growth and for programs such as Social Security and Medicare where such forecasts are available—but in some cases, such as state debts and pensions, no such forecast was available, and so I developed a simple one.

Making these payments will require fiscal austerity, through either higher taxes or lower alternative spending. Younger Americans will bear the burdens of the Baby Boomer generation, whether in smaller take-home pay or more potholes and worse schools.

Furthermore, the basic demographic balance sheet is getting worse all the time, increasing the relative burden on young people. Working-age Americans are dying off in alarming numbers.

The odds of a 32-year-old dying have risen by 24 percent in the past five years, even as death rates among older Americans are about stable. Baby Boomers are living longer even as the workers who pay for their pensions are dying from an epidemic of drug overdose, suicide, car accidents, and violence. But, of course, while this sudden increase in working-age death rates is a new concern, the long-run fiscal crunch has been obvious for decades. For virtually the entire period of Boomer political dominance, it has been obvious that long-term obligations needed to be fixed. And yet, the problem has not been fixed. Younger Americans will suffer the consequences.

As dire as this all sounds, there is cause for hope. If the problem is too many senseless rules, then the solution is obvious. Strict licensure standards can be repealed. Minimum lot sizes can be reduced. Building-height ceilings can be raised. Nonviolent prisoners can have their sentences commuted. Even thorny problems such as cost control in universities can be addressed through caps on non-instructional spending, while solutions for government debt and obligations are widely known, even if they are politically unpalatable.

Not all of these problems were first caused by the Boomers, but they each worsened on their watch. If leaders in business, education, and politics want to solve these problems, they can. Whether the gerontocracy in charge today wants solutions may be another question altogether.

atlantic



107 Comments on "Boomers Ruined America"

  1. JuanP on Wed, 26th Jun 2019 6:36 pm 

    “Watch China’s Propaganda In Action: Foreign Ministry Claims Massive HK Protests Were “Pro-Extradition”
    Earlier this week the internet went crazy over just how bold the communist People’s Republic of China government’s lies are becoming. A viral video showed a press briefing in which a foreign ministry spokesman coolly presented the still raging Hong Kong protests as the complete opposite of the reality: “As far as I know, over 800,000 Hong Kong citizens participated in the pro-extradition bill demonstration,” the Chinese government official said. He continued to present what are in reality popular anti-Beijing protests in condemnation of the controversial China-backed extradition bill as actual confirmation of Beijing’s line. “I think this amply demonstrated that the mainstream public opinion of Hong Kong supports this legislative work,” the official stated in his brazen lie: Ha!!! Watch this chinese Foreign Ministry fool explain what happened in Hong Kong (with chinese characteristics). This revisionist version is a bit too soon for everyone to forget what really happened. #HKexit #lies #NoExtraditionToChina pic.twitter.com/0pxLMY1fgW
    — Kyle Bass (@Jkylebass) June 25, 2019
    The ultimate in communist Orwellian trolling perhaps? Maybe the talking head functionary himself doesn’t understand what’s going on? Or just Beijing’s par for the course propaganda packaged for domestic consumption. Regardless, it’s among the most brazen of many whoppers for the history books. If you can’t beat’em… well then just make shit up and hijack a mass protest movement as if it’s yours. Anti-extradition bill protesters have filled the streets of Hong Kong for the second straight Sunday, calling for the bill to be scrapped altogether. pic.twitter.com/sxznHwAEuZ
    — SCMP News (@SCMPNews) June 16, 2019
    The continuing anti-extradition protests, which had witnessed an estimated 2 million hit Hong Kong’s streets two Sundays ago, fast became a lightning rod for those angry about growing Chinese presence in the semi-autonomous city, and potential diminishing freedoms. Protests earlier this month against the extradition bill, via South China Morning Post Meanwhile, protesters this week are appealing for international support, per Reuters: Holding placards with messages such as “Please liberate Hong Kong”, the demonstrators, some wearing masks, marched to consulates of nations represented at the Japan summit of the Group of 20 major economies. These included Argentina, Australia, Britain, Canada, Italy, Japan, South Africa, South Korea, Russia, Turkey, the United States and the European Union. The “one country, two systems” policy that’s long governed Hong Kong is seen as under threat by the extradition bill, which critics worry will be used to unjustly deport political activists and dissidents to mainland China and its more oppressive laws. Last week Chinese Foreign Minister Wang Yi slammed the protests as a “foreign plot”, saying the “black hand” of Western forces were trying to the mass demonstrations to “stir up trouble” in the city. So given the above viral clip, it appears Beijing can’t get its own messaging straight.

  2. JuanP on Wed, 26th Jun 2019 6:38 pm 

    Oops, sorry everyone. Wrong link again.

    https://www.zerohedge.com/news/2019-06-26/watch-chinas-foreign-ministry-hijack-hong-kong-protests-pro-extradition

  3. JuanP on Wed, 26th Jun 2019 7:13 pm 

    Delusional Davy “JuanPee you are a mentally ill idiot is all.”
    You are projecting again, Davy.

  4. More Insane Davy Identity Theft on Wed, 26th Jun 2019 7:40 pm 

    JuanP on Wed, 26th Jun 2019 6:31 pm

  5. More Crazy Davy Identity Theft on Wed, 26th Jun 2019 7:41 pm 

    JuanP on Wed, 26th Jun 2019 6:36 pm

  6. More Crazy Davy Projections on Wed, 26th Jun 2019 7:43 pm 

    Davy on Wed, 26th Jun 2019 5:10 pm

  7. Davy on Wed, 26th Jun 2019 7:53 pm 

    I WANT MY MOMMY!

    WAAHHH!

  8. Davy on Wed, 26th Jun 2019 7:57 pm 

    Oops, sorry everyone. I forgot my Zero-IQ link again.

    https://www.zerohedge.com/news/2019-06-26/watch-chinas-foreign-ministry-hijack-hong-kong-protests-pro-extradition

  9. Cloggie on Thu, 27th Jun 2019 2:43 pm 

    Stern Japanese warning to Britain: “don’t do no-deal Brexit!”

    https://www.spiegel.de/wirtschaft/unternehmen/brexit-japan-warnt-briten-vor-no-deal-szenario-a-1274711.html

    There are more than 1000 Japanese companies in Britain, who all of a sudden are threatened to be excluded from the lucrative EU-markets.

    A study by Oxford University predicts that 50% of the British car industry could be eliminated over a hard Brexit:

    https://www.sbs.ox.ac.uk/news/death-thousand-cuts

    “Death by a thousand cuts”

    https://www.spiegel.de/wirtschaft/unternehmen/brexit-studie-aus-oxford-britische-autoproduktion-koennte-halbiert-werden-a-1262418.html

    “Harter Brexit könnte britische Autoproduktion halbieren”

    The pursuit of a separate Anglo-identity is not nearly as lucrative as it was in the 19th century (UK), or 20th century (US) and not for the faint-hearted, although our Anglo friends are excused for feeling deep nostalgia towards the days that are no more and never will return.

    Globalism and imperialism are mega-out.

    Identitarian world order is next.

    Mikhail Gorbachev: “He who comes too late is punished by life”.

    You don’t want to be stuck with a mixed population in an identitarian world order.

    #Timber!

  10. Cloggie on Thu, 27th Jun 2019 5:00 pm 

    Boris Johnson called nuclear armed France “nation of turds”:

    https://www.dailymail.co.uk/news/article-7190081/BBC-censored-Boriss-insult-French.html

    “BBC censored Boris’s insult to the French: Would-be PM called nation ‘turds’ over Brexit in documentary when he was Foreign Secretary – but producers axed jibe amid diplomatic pressure”

    #Idiocracy

  11. Cloggie on Thu, 27th Jun 2019 5:02 pm 

    BBC Newsnight now with a Scotland special under the ominous title: “how long will the union hold”?

    PM Sturgeon: no deal Brexit would hasten the end of the union.

  12. Cloggie on Fri, 28th Jun 2019 12:51 am 

    Putin-Russia, the last hope of European civilization:

    https://www.dailymail.co.uk/news/article-7190613/Liberalisms-day-boasts-Putin.html

    “‘Liberalism’s had its day’: Putin attacks Western views on gay rights and multiculturalism as he claims immigrants are allowed to ‘kill, plunder and rape with impunity because their rights as migrants are protected'”

    Putin threw the (((oligarchs))) out of his country, who all fled to Oceania (US+UK).

    Putin=God.

    Every continental European (and American) right-winger should steer towards a “1989” of our own, apply euthanasia to the empire and next combine our immense resources and liberate those Americans who want to be liberated, like him:

    https://www.youtube.com/watch?v=7Ek50-QpEWQ
    (“Boomers ruined America”)

    …and of course bring back the center of gravity of European civilization back to where it belongs, namely PBM-Europe. These kind of services don’t come for free.

    A major US-Chinese conflict could function as a catalyst to bring this about.

    And once the UK no longer has a huge Anglo “hinterland”, they have no choice but abandon Anglo-Zionism and finally become European.

  13. Cloggie on Fri, 28th Jun 2019 1:03 am 

    US ambassador Pete Hoekstra (Dutch roots) wants Dutch ground forces in Syria, Holland likely to refuse.

    https://www.volkskrant.nl/nieuws-achtergrond/vs-vragen-nederland-om-militaire-bijstand-op-de-grond-in-syrie-om-is-klein-te-houden~b0edf53f/

    Hoekstra claims that the US “defeated ISIS”, which is a bold-face lie, what they really did was CREATE ISIS, who next got a little out of hand and in reality were defeated by Assad, Putin, Iran and the Kurds, against the coalition US-Turkey-KSA-Qatar-Jordan.

    https://documents1940.wordpress.com/2017/11/05/qatar-admits-us-turkey-ksa-qatar-conspired-in-syrian-war/

    The despicable Dutch US vassal government played a role in arming and supplying ISIS, probably until the very last moment:

    http://robscholtemuseum.nl/eric-zuesse-syria-accuses-u-s-stole-40-tons-of-its-gold/isis-in-their-by-dutch-government-sponsored-toyota-trucks-foto-usa-today/

  14. Cloggie on Fri, 28th Jun 2019 1:13 am 

    https://www.dailymail.co.uk/news/article-7190613/Liberalisms-day-boasts-Putin.html#comments

    Mischa1, Raleigh, United States, 5 hours ago

    “I like him (Putin)”

    Pro: 5904
    Con: 703

    Habitant46, Toronto, Canada, 6 hours ago

    “”Liberalism has outlived its time” – Sir, you are correct.”

    Pro: 5601
    Con: 423

    lkmdf, Amsterdam, Netherlands, 5 hours ago

    “That’s it, I’m moving to Russia.”

    Pro: 4111
    Con: 325

    Sunshine177, Laguna Beach, United States, 6 hours ago

    “Can we elect him in the US?”

    Pro: 3082
    Con: 406

    Ian Right, DL, United Kingdom, 5 hours ago

    “..and the UK”

    Pro: 958
    Con: 81

    Interesting, most comments come from North-America.

  15. Cloggie on Fri, 28th Jun 2019 1:32 am 

    A little bit of a revival of the “spirit of 2016”:

    https://www.dailymail.co.uk/news/article-7191023/Trump-chats-smiling-Saudi-Crown-Prince-family-photo-G20-summit.html

    “Trump pats Putin on the back and chats with smiling Saudi Crown Prince who stands in the front row for ‘family photo’ at G20 summit”

    https://www.dailymail.co.uk/news/article-7190147/Josef-Stalin-sent-Winston-Churchill-birthday-card-say-sorry-WWII-jibe.html

    “How Josef Stalin sent Winston Churchill a birthday card to say sorry for WWII jibe about the quality of Britain’s tanks”

    Massmurdering Bossom palls destroying Europe on behalf of the communists=globalists, making a mockery of the idea that the “good guys” won WW2. the nightmare is almost over, thank God.

    Globalists attacking my home town Eindhoven and its giant Philips factories, in order to add Holland to the US empire (2:48):

    https://www.youtube.com/watch?v=SD4Yxbw79wM

    Self-respect demands that, despite we’re going to liberate, say 120 million white Americans, a little bit of a revenge is required (the complete flattening of imperial Washington, from where the very temporary demise of Europe was planned, forcing (T)rump America to build a new capital and start all over again).

    For German speakers, here a perfect account of what WW2 was really about:

    https://www.amazon.de/Amerikas-Griff-nach-Weltmacht-Roosevelt/dp/3806112657/ref=sr_1_1

    “America’s grab for world power”

  16. Davy on Fri, 28th Jun 2019 5:03 am 

    “Putin-Russia, the last hope of European civilization:”

    Putin is a thief and a murderer that is well known but this is how you get to the top in mafia Russia. Cloggo longs for a mafia Europa or something. I don’t think cloggo knows what he wants just that he hates color and the US Empire and loves Euro Empire fantasies. Putin has to be at the top of the list with leadership in the global arena. No other politician as one man has maneuvered his country like Putin. The guy is smart and capable. That is a serious combination. When he speaks real ideas come out. I admire the guy but in no way trust him to do what is right for the world. If I were Russian I would trust him to do what is right for Russia. He is saner than any western liberal. He wants respect for those in a multipolar world and I believe that this worl is the type of world we need. A multipolar world with political, economic, and military balance of power is what is needed going into a decline process. You never have balance but you can get closer to it with a multipolar world. The US is kicking and screaming that the world should stay American but Putin single handedly changed that. He didn’t do it all but he led the way. Credit should also be given to China that over the long haul became a global economic power which also ended the US economic dominance. The US does not deserve to be a leader but those anti-Americans that want it gone should understand the US outside of its political and military mess has pockets of very good people. Anti-Americans extremist both homegrown and foreign lump all Americans in as bad. Back to Putin, he is Russia now and I wonder what will happen in this mafia state when he is gone. In the meantime it is my opinion he is a world leader and this is likely why so many in the US despise him in the ugly swamp of the deep state. He is anti-liberal and I agree with some of this. Liberalism has become a scourge of privilege gone badly wrong. I was educated a liberal and now I am using that education to see how disgusting modern liberalism is.

  17. Davy on Fri, 28th Jun 2019 5:10 am 

    “Dalai Lama: Europe Will Turn “Muslim Or African” If Migrants Not Returned “To Their Own Land”
    http://tinyurl.com/y28sbgm2 zero hedge

    “European countries should take these refugees and give them education and training, and the aim is return to their own land with certain skills,” said the Dalai Lama, adding “A limited number is OK, but the whole of Europe [will] eventually become Muslim country, African country – impossible.” “Receive them [migrants], help them, educate them, but ultimately they should develop their own country. I think Europe belongs to the Europeans.” We wonder if virtue-signaling liberals will peel off their “Free Tibet” bumper stickers now that their idol is one pair of Khakis and a tiki-torch away from Europe’s identitarian movement? The Dalai Lama sought refuge in India, where he has been living in exile with 10,000 Tibetans. The view from the Dalai Lama’s residence in the northern Indian state of Himachal Pradesh (via BBC) His monastery – which overlooks the snow-capped peaks of the Dhauladhar range in the Himalayas – is breathtakingly beautiful. But the view is bittersweet. His life’s cause – to return home – remains a distant dream, even if he insists it may yet happen. “The Tibetan people have trust in me, they ask me [to] come to Tibet,” he says. But in the next breath he adds that India has also become his “spiritual home”. An implicit acceptance, perhaps, that his goal of an autonomous Tibet is far from reality. –BBC When asked about President Trump, the Buddhist monk said that he “lacked moral principle” and that the administration’s America first policy is “wrong.”

  18. Davy on Fri, 28th Jun 2019 5:30 am 

    Looks like the US is not the only place with student debt issues:

    “Asia’s Student-Debt Time Bomb”
    http://tinyurl.com/y3q8ag9h project syndicate

    “Fueled by rising economic prosperity and aspirations, the global higher-education sector boomed during the 1990s and 2000s, and, unsurprisingly, student-loan debt has surged worldwide. But Asian countries with high tertiary-education participation rates have proved particularly vulnerable to this trend.”

    “In Malaysia, approximately 28% of bachelor degree-holders were unemployed in 2015. Many others had jobs that barely paid enough to survive: nearly 50% of working adults in Kuala Lumpur earn far below the central bank’s official living wage. This has forced a large share of graduates to default not only on their student loans (51% of borrowers are not making the required payments), but also on other debts, including credit-card debt and personal loans. Debtors aged 25-44 constituted almost 60% of the bankruptcy cases reported from 2013 to August 2017.”

  19. JuanP on Fri, 28th Jun 2019 5:30 am 

    OOps, wrong link this is a zero hedge article:

    “Asia’s Student-Debt Time Bomb”

  20. Davy on Fri, 28th Jun 2019 5:31 am 

    Try again dumbass! LOL what a lunatic. Try showing the link in zero hedge.

  21. Davy on Fri, 28th Jun 2019 5:40 am 

    “A Water-Stressed World Turns to Desalination”
    http://tinyurl.com/y6gpgdol defense one

    “Desalination requires vast amounts of energy, which in some places is currently provided by fossil fuels. Kiparsky warns of a feedback loop where more de-sal is needed as the planet warms, which leads to more greenhouse-gas emissions. In addition, there are serious concerns about the damage to marine life from the plant’s intake systems and extra-salty wastewater. When desalination plants shut down — as they inevitably will — it’s going to be a catastrophe for the populations which now depend on them. –“ http://tinyurl.com/y5cyl9ct RF

  22. JuanP on Fri, 28th Jun 2019 5:41 am 

    Another OOps, wrong link this is a zero hedge article:

    “A Water-Stressed World Turns to Desalination”

  23. Davy on Fri, 28th Jun 2019 5:42 am 

    come on juanpee, can’t you comment on the article besides this article did not come from Zero Hedge. Fuck Nut, LOL.

  24. More Davy Identity Theft on Fri, 28th Jun 2019 7:11 am 

    JuanP on Fri, 28th Jun 2019 5:30 am

    JuanP on Fri, 28th Jun 2019 5:41 am

  25. Davy Squabbling with Himself on Fri, 28th Jun 2019 7:14 am 

    Davy on Fri, 28th Jun 2019 5:31 am

    Davy on Fri, 28th Jun 2019 5:42 am

  26. Davy on Fri, 28th Jun 2019 7:39 am 

    Back to the article we were supposed to be commenting on:

    “Boomers Ruined America”

    Did I mention that I’m a boomer?

  27. JuanP on Fri, 28th Jun 2019 7:47 am 

    “Back to the article we were supposed to be commenting on: “Boomers Ruined America”. Did I mention that I’m a boomer?”

    Juanpee. I am close to a boomer but no cigar. You don’t know my age or you would document it. More juanpee lies

  28. More lunatic juanpee shit on Fri, 28th Jun 2019 7:49 am 

    More Davy Identity Theft said JuanP on Fri, 28th Jun 2019 4:46 am “This is juan…
    Davy Squabbling with Himself said Davy on Fri, 28th Jun 2019 5:31 am Davy on Fri, 28…
    More Davy Identity Theft said JuanP on Fri, 28th Jun 2019 5:30 am JuanP on Fri,…
    Davy said Makato, reread your comment and

  29. More Davy Identity Theft on Fri, 28th Jun 2019 7:55 am 

    JuanP on Fri, 28th Jun 2019 7:47 am

  30. Cloggie on Fri, 28th Jun 2019 11:39 am 

    “Putin is a thief and a murderer that is well known but this is how you get to the top in mafia Russia.”

    Yes, yes, and Germany wanted to conquer the world, gassed 6 million, Pearl Harbor was unprovoked, 9/11 was 19 Arabs with box cutters, Saddam was on the verge of acquiring nuclear weapons, Assad gasses his people, MH17 was shot down by Putin.

    We know the routine by know.

    Got any proof of your allegations? Of course not. Just lies, lies, never ending lies.

  31. Cloggie on Fri, 28th Jun 2019 11:50 am 

    All time temperature record in France, 45C:

    https://www.dailymail.co.uk/news/article-7191493/Boy-dies-heat-exhaustion-Spain-country-battles-wildfires-rest-Europe-sizzles.html

    And it is only June.

    Disastrous drought looming in northern Germany:

    https://www.spiegel.de/wirtschaft/unternehmen/hitze-und-trockenheit-was-das-fuer-die-ernte-der-landwirte-bedeutet-a-1274431.html

    Putin and Trump making fun of the press:

    https://www.spiegel.de/politik/ausland/g20-gipfel-wladimir-putins-und-donald-trumps-treffen-a-1274757.html

    Press: “mr Trump, are you going to tell mr Putin to stop meddling in US elections?”

    Trump to Putin: “stop meddling in our elections”.

    Big grin with both Trump and Putin.

  32. Cloggie on Fri, 28th Jun 2019 12:03 pm 

    Harvard study: The world owes China 6 trillion, far more than initially feared…

    https://www.spiegel.de/wirtschaft/soziales/china-welt-schuldet-peking-sechs-billionen-dollar-crash-gefahr-a-1274829.html

    According to the study, China is rapidly advancing towards global pole position and is making the rest of the world dependent on itself.

    https://www.spiegel.de/reise/aktuell/hurtigruten-ms-roald-amundsen-steht-kurz-vor-der-jungfernfahrt-a-1274918.html

    Next week the world’s first hybrid diesel-battery ship will be inaugurated.

    The ship has a 17.5 meter high flat screen.

    https://www.theguardian.com/commentisfree/2019/jun/28/putin-liberal-values-eu-blame-rightwing-demagogues

    Wow, the Guardian sort of agrees with Putin about the demise of liberalism and admits Putin could be the future:

    “When he celebrates the existential crisis of what he terms “liberalism”, his grounds for triumphalism are substantial. “The liberal idea has become obsolete,” he crows: he cheers on the anti-migrant backlash sweeping the western world, the onslaught against multiculturalism, and even endorses the ever-escalating campaign against trans people. If you were Putin, would you not be celebrating? His brand of authoritarianism is in the ascendancy: a rightwing populism based around a venerated strongman leader, where the trappings of democracy are kept for show, but where, in practice, the substance of democracy is hollowed out. Putinism could indeed be humanity’s future.”

  33. Cloggie on Fri, 28th Jun 2019 12:52 pm 

    The last tweets by Carrie Symonds deal only with green issues:

    https://twitter.com/carriesymonds

    Sorry Boris, you have to move on, you’re on your own, she is likely a lost cause for you. Now nobody is around to tie the loose cannon that you are to the deck.

    More for Boris-Carrier watchers:

    https://www.dailymail.co.uk/news/article-7180893/Carrie-Symonds-tweets-plastic-comments-Boris-row.html

    https://www.dailymail.co.uk/news/article-7178081/Boris-Johnson-planning-media-blitz-tries-floundering-campaign-track.html

    Climate change:

    https://www.dailymail.co.uk/sciencetech/article-7192051/Europes-heatwave-consistent-climate-change-come-UN.html

    “Past five years were the hottest in Europe’s recorded history as UN reports warns climate change is to blame”

    There is a limit to the extent with which you can lie with statistics.

  34. Davy on Fri, 28th Jun 2019 4:10 pm 

    “Harvard study: The world owes China 6 trillion, far more than initially feared…”

    explain yourself cloggo and not in deutsch.

  35. Cloggie on Fri, 28th Jun 2019 4:18 pm 

    “Please explain yourself, Cloggmeister, sir, and not in deutsch.”

    “Harvard study: The world owes China 6 trillion, far more than initially feared…”

  36. Davy on Fri, 28th Jun 2019 6:35 pm 

    cloggo, do you have any data to share? Is this the Chinese debt trap that has been talked about, is what you are saying? Do you know what you are saying? I think China is fucked when it tries to collect on all those poor investments. One need only review the situation in Venezuela to see what is in store for China as globalism bifurcates.

  37. Davy on Fri, 28th Jun 2019 7:08 pm 

    For the record, I dont even know by bifurcates means. I heard someone witt buuk smarts use it and it sounded really brainy. I try to use 20 dollar wurds every chance I get. They make me sound smarter than I really is.

  38. JuanP on Fri, 28th Jun 2019 7:36 pm 

    “Davy on Fri, 28th Jun 2019 7:08 pm For the record, I dont even know by bifurcates means.”
    I like the word juanpee and you know it is a comment. Your mindless shit is noise. You have nothing to say so bifurcate is miles above your intellect.

    “I heard someone witt buuk smarts use it and it sounded really brainy. I try to use 20 dollar wurds every chance I get. They make me sound smarter than I really is.”
    Juanpee, you are really a worn out dumbass. You are not even clever or funny. I guess you think you are but that is the Asperger in you. You are just ridiculous. You are like a kid who can’t stop playing with himself.

  39. More Davy Identity Theft on Fri, 28th Jun 2019 7:42 pm 

    JuanP on Fri, 28th Jun 2019 7:36 pm

  40. juanpee insanity on Fri, 28th Jun 2019 7:47 pm 

    More Davy Identity Theft on Fri, 28th Jun 2019 7:42 pm

    JuanP on Fri, 28th Jun 2019 7:36 pm

  41. Davy on Fri, 28th Jun 2019 7:49 pm 

    I’m not sure but I think I might of bifurcated in my widdle panties again.

  42. JuanP on Fri, 28th Jun 2019 7:57 pm 

    Davy on Fri, 28th Jun 2019 7:49 pm
    I’m not sure but I think I might of bifurcated in my widdle panties again.

    juanpee, what is with your sexual perversions? I guess you think that is funny? What a moron. “widdle panties??” LOL you are hard up. BTW how is your chronic depression these days?

  43. Davy on Fri, 28th Jun 2019 8:00 pm 

    It’s hard to tell. My widdle panties always smell real bad like goat anusses.

  44. More Davy Identity Theft on Fri, 28th Jun 2019 8:01 pm 

    JuanP on Fri, 28th Jun 2019 7:57 pm

  45. JuanP on Fri, 28th Jun 2019 8:01 pm 

    “Davy on Fri, 28th Jun 2019 8:00 pm
    It’s hard to tell. My widdle panties always smell real bad like goat anusses.”

    Boring

  46. More Davy Identity Theft on Fri, 28th Jun 2019 8:01 pm 

    JuanP on Fri, 28th Jun 2019 8:01 pm

  47. more juanpee insanity on Fri, 28th Jun 2019 8:05 pm 

    More Davy Identity Theft on Fri, 28th Jun 2019 8:01 pm

    JuanP on Fri, 28th Jun 2019 8:01 pm

  48. Davy on Fri, 28th Jun 2019 8:08 pm 

    Goat anus is real exciting juanpee.

    dumbass

  49. JuanP on Fri, 28th Jun 2019 8:11 pm 

    “Davy on Fri, 28th Jun 2019 8:08 pm
    Goat anus is real exciting juanpee.
    dumbass”

    BORING

  50. juanpee on Fri, 28th Jun 2019 8:11 pm 

    Your real funny davy!

    LOFAO at the dumbest dumbass of all

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