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Think again before wanting to retire late....
September 23, 2014
2:12 pm
Jon
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Consider most crime are committed by young male from age of 18-30, this is an alarming trend for the stability of our society, especially huge amount of older generation are not retiring yet thanks to the financial crisis and our government completely disregard this issue.

September 23, 2014
4:54 pm
Loonie
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It is not really helpful to pit one age group against another.

Most crime has always been committed by young males. This is not new.

There is nothing odd about younger employees making less money than older employees. That's what experience gets you. With time, young people gain experience, get better jobs or promotions, and earn more money. It has ever been thus.

And don't assume that if the older generation retires that this will necessarily mean better jobs for the young. Quite the contrary. In many situations, the retiree is not replaced or is replaced by contract employees, part timers or outsourcing. This is especially true when buy-outs are offered to make people retire, but also occurs with, for example, university and college faculty.

Anybody who thinks the only good jobs are in the oil patch has not looked very hard. Call your local community college, ask them which programmes have the highest placement rate and at what salaries, and make your choice. If you don't find anything locally, call around to other colleges. There are fields of endeavour, even now, and even in places like Ontario, that are begging for good competent people. These aren't always well advertised. Of this I am absolutely certain.

There IS a problem with youth unemployment, although it is much smaller than in many other countries. The question of how we best address that is not one that I know a great deal about. But the root of the problem is not seniors taking late retirement. (Many of them already took EARLY retirement! - especially those who have defined benefit pensions and can therefore afford to retire.) If we had a sound strategy to deal with our economic malaise, there would be no need to blame the other guy just because he happens to still have a job and you don't. We are all experiencing the fallout of recent economic crises, it seems to me.

September 23, 2014
8:49 pm
Jack Manning
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Loonie, more excuses about problems of society and no real solution about fixing them. Michael Campbell's Money Talks http://www.moneytalks.net shows how this vicious cycle of more entitlements and false promises that can't be kept.

Government is turning into a nanny state and what happens when you take away peoples freedom and right to choose. It causes more problems and more crime. Just like a rebellious teenager that does the opposite of what their parents say.

Loonie, the more control and power any authority government, corporations etc. have, the more we will be in trouble and in all your posts you never talk about personal responsibility. Your ideology and way of thinking is give all our money to the government, let them decide what our future will be and it will be just great.

They tried this in Europe, U.S.S.R., Cuba, Greece, Vietnam, Zimbabwe, Argentina, Bolivia, Venezuela etc. It does not work. Your cradle to grave philosophy is fiction. It will always fail.

September 23, 2014
9:09 pm
Loonie
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Jack, it appears that you are not reading my posts carefully. You claim I avoid talking about personal responsibility, although as recently as my previous post I explained very specifically how young people could go about solving some of their employment problems, if they have the initiative to do so.

You say we are turning into a "nanny state" and thus seeing more crime. Yet, as reported only yesterday, crime rates are down, to the point where some people were suggesting reducing police forces and budgets.

I suggest people stop "rebelling", if that is their issue, and learn to cooperate for the common good. We ignore this necessity at our peril. We are plagued with people having a strong and even combative sense of entitlement at this time in our cultural evolution, and I'm sorry to say that many of them are young. It is the failure to work together cooperatively as a society that is much more likely to destroy us than pension plans!

For the record, I have never suggested that we "give all our money to the government". That would be disastrous, and is not warranted. This thread, as I understood it, was supposed to be about income disparity.

September 23, 2014
9:17 pm
Jack Manning
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Loonie, the ways things are going once you pay all your property taxes, income taxes, C.P.P, E.I, ORPP, H.S.T, gas taxes, liquor and beer taxes, airline taxes, etc. etc. etc. what are people left with. You want them to give them more money based on a false promise by the same people that are taking all our money.

Crime and inflation statistics are so bogus. There will be more crime as the population increases and that will just happen. Loonie, why stop at pensions from government and other ways of picking our pocket.

Let them pay some or all of our electricity, gas, property taxes, car insurance, home insurance, rent, food etc. Get the point. It will crush us as a society financially and just make everyone more entitled.

Your living in a dream world, Loonie. We already have so many social programs that will bankrupt us and you want to add more. The common good phrase has no reality and backing as your comments already suggested above.

September 23, 2014
9:53 pm
Loonie
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I believe my points are clear and valid and I stand by them. I think we need to stick to the topic.
It does not seem possible to have a reasoned conversation right now, as the direction is purely speculative, so my comments end here.

September 23, 2014
10:00 pm
Jack Manning
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Loonie, so you think that government taking more and more of our money is not a related topic. You really don't like the real hard facts of life and work. The problems are not going away, Loonie.

They are getting worse and government will not fix them but just make them worse. This is true especially for people working and working more and more and having less in their pocket. Who is the first to take money away from people before we can even see it. Mr. government. It is their job, Loonie.

September 23, 2014
10:51 pm
Jack Manning
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Loonie, higher taxes, pension costs, fees and whatever they want to call it, no matter what they call it, it is sucking all our money like a vacuum, more regulation on all our lives, the expanding government and nanny state with the help of new technology, keeping interest rates low and Canadians getting more and more into debt with not just mortgage debt but consumer debt as well are all not speculation. They are happening today.

Also, excessive price increases in water, electricity, heat, gas, insurance, property taxes etc. is not going to change because we complain. It will be there no matter what.

They all contribute to the problems you stated above in your first 2 posts above.

September 24, 2014
8:59 pm
Jon
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Loonie, Sure, we earn less than people that have more experience, that's undeniable. But the article suggested that the wage gap have increasing hugely compare with the time when you are at my age.

The average disposable income of Canadians between the ages of 50 and 54 is now 64 per cent higher than that of 25- to 29-year-olds, the report found. That's up from 47 per cent in the mid-1980s.

I also get that most jobs are being outsourced now and they are not coming back, but you also have to understand, if your generation know this was the case from the start, why do we sent so many kids to university and make us carry huge debt for it? Clearly, university education is not teaching skills that are needed by bosses.

I also want to question why does your generation does not attempt to keep any industry in Canada (or in most developed country) and do what the German did, but instead, becoming reliance on cheap goods from Asia. If your generation plan this right, the huge amount of skilled workers the society created can be utilize by high end manufacturing, like aerospace, semiconductor, medicinal etc, but instead, you generation decide to move to service sector which inherently hire less people and creating an environment that induced the financial crisis (deregulation here).

I get what you meant by getting a job that is in great demandsf-cool, that's the reason why I am currently studying geographic information system which are need by cooperates and government alike in terms of planning their operation and future expansion.

September 26, 2014
12:43 am
Loonie
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Jon, I would not attribute the problems to the decisions of a generation. "Generations" do not make these kinds of decisions. Individuals and corporations make them in boardrooms and parliaments. They are made by people in powerful elite positions, not by me, and presumably not by you. Sadly, the decisions made by government or corporations do not necessarily reflect the wishes of even the majority, let alone all, of the population.
I am not being picky about grammar. This is an important distinction. If we are to come together as a society and solve problems, we can't just blame a generation. When I was young, we tended to blame the generation before us for our problems too, so it is a normal instinct, but it doesn't help.

September 26, 2014
1:14 am
Loonie
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Further, the problems we face today have their origins further back in history. Our dependence on fossil fuels, for example, was not seen as a problem until relatively recently. It was some individuals in my generation, actually, who flagged this as a problem in the 1970s, and formed organizations such as Pollution Probe on university campuses. The word "environment" was obscure and rarely used outside of scientific conversation when I was growing up. It did not come into common usage until the 1970s.

When I was reaching adulthood in the 1960s, on the leading edge of the "baby boom", I already had a life history of being told that there were too many of us. We went to school in overcrowded classrooms and temporary buildings from kindergarten onwards. My high school, which was over 30 years old at the time, had 10 portables, and they were there throughout my high school career. As we thought about entering the work force, we were told there might not be jobs for all of us. Those who'd graduated 5 years ahead of us did not seem to have problems getting jobs, but many of us did. Many of us took a number of years to get settled in jobs, and some never did. The problem of the unemployed PhD is not new; it happened to many in my generation as well. I knew many people with PhDs who could not find suitable work at all.

The statistical comparison offered by the Conference Board is to the mid-1980s. I have no idea why they chose that particular point of comparison. I can only say that there have always been problems with youth unemployment, and they have sometimes been worse. The transition to adulthood and self-support can be quite difficult. This is not new. Research into 19th Century Canada shows that it was quite common for men to delay marriage until they were about 40 years old because they could not afford to support a family, at which point they would want to marry a fertile younger woman, resulting in marriages between people of widely differing ages. Many men never married, and it was often because they could not afford it. My great-great-grandmother, for example, was 17 when she married a man more than twice her age in 1839. Her son was 38 when he married his 26 year old wife. One can find exceptions, of course, but this did happen quite often. Most people lived on farms, and only one son could inherit the farm. Land was expensive after it had been worked for a few decades, so the other children had to move further afield and often had to clear land all over again before they could think about marrying.
This was not just a 19th century problem. Young men returning from the trenches of World War 1 also had trouble finding sufficient employment. Many in Britain who could not find work there emigrated to Canada. Most of them said on their application that they would farm in Alberta because that's where there was a need for settlers, but then tried to find work in the cities, which was a challenge. There were similar problems after WW2. My father, who had been in the Canadian Armed Forces during WW2, took a few years to finally find a reliable job, and he was over 30 by then. I haven't even mentioned the Great Depression of the 1930s which brought unprecedented rates of unemployment for all ages. The only group that I know that seemed to have had it easy for getting jobs were people who came to maturity in the 1950s, and they are now well into their 70s and even 80s.

I will have a bit more to say later, when I can get around to it.
Adapting to technological change.

September 26, 2014
8:56 am
Loonie
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By "come to maturity", I basically meant "ready to enter the work force". Age varies.
I'm not saying boomers did not get jobs. Many did.
The post-war years WERE boom years, especially the 1950s, as I said above, but there was an adjustment period when the soldiers returned from the war which lasted several years.

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