Millennials needn’t worry about retirement, Alicia Munnell, 75, writes, as long as they “are willing and able to work longer than their parents and grandparents did.”
It may not be surprising that younger Americans, who will largely be responsible for cleaning up the financial wreckage the boomers are leaving behind, are not particularly enthusiastic at the prospectof working longer and harder for the same quality of life enjoyed by previous generations.
.. the proximate causes of millennials’ financial difficulties, such as the Great Recession and the dot-com bubble: “Millennials entered the labor market during tough times.
.. The “good news,” as she calls it, is that retirement is a long way off and that simply by working into their 70s, millennials will be able to make up a lot of lost ground.
.. Between 1989 and 2016, the real median income of houses headed by people younger than 35 increased by just 4 percent. That’s just about enough to keep pace with overall inflation.
.. The problem is, however, that many prices have been rising much more rapidly than the pace of inflation. Prices are rising fastest for the things that are absolute necessities: Health care. Food. Housing. Education. Things you literally need to survive. As a result, households have to take on more debt to make ends meet.
.. Overall compensation has been largely stagnant since the 1970s, even as productivity has increased. Median household debt has roughly doubled since 1989.
.. By asking millennials to work to age 70 you’re treating the symptom, not the underlying disease.
.. Selling American elites, who tend to be older and wealthier, on the notion that the young just need to work harder is easy. But the idea that workers urgently deserve an across-the-board pay raise — a raise that would come, often, from higher payments from those same older and wealthier people — is a much tougher sell.
Harvey Weinstein’s Arrest May Define Manhattan D.A.’s Legacy
He made a name as the scourge of men who traffic in underage prostitutes and reduced the national backlog of untested rape-evidence kits. But he also faced withering criticism for dropping the prosecution of a French politician on sexual assault charges in 2011 and steadily mounting outrage over his decision in 2015 that there was a lack of sufficient evidence to make a case against Mr. Weinstein, the movie producer.
.. Sexual assault cases are notoriously challenging to prove in court
.. Mr. Vance’s office will face a long legal battle against a wealthy defendant and one of the city’s best defense lawyers, who will spare no effort to portray Mr. Weinstein as someone who behaved badly but did not break the law
.. The prosecution will have to prove Mr. Weinstein used physical force or threats of harm to get what he wanted, a high bar in cases with little or no physical evidence.
.. prosecutors have said the attack occurred in Manhattan more than five years ago — a gap in time that creates an additional hurdle for prosecutors.
.. there was grumbling among advocates for rape victims about his office’s grueling questioning of women raped by acquaintances before an arrest was made.
.. Several critics, speaking on the condition of anonymity to avoid antagonizing prosecutors, said the questioning of rape victims in Manhattan was unnecessarily harsh.
.. Former members of the sex crimes unit said it is standard procedure to rigorously vet a victim’s credibility to avoid surprises at trial. “You better know everything that might come out,” one said. “It’s not personal.”.. the police closed proportionately fewer rape cases in Manhattan than other boroughs, but prosecutors had a high conviction rate... Mr. Weinstein had hired Elkan Abramowitz, a friend and campaign donor to Mr. Vance, to represent him and had paid for private investigators to dig up information about her statements in the Italian case... Some critics in the Police Department said Mr. Vance had become gun–shy of taking on powerful men after being forced to drop a sexual-assault charge in 2011 against Dominique Strauss-Kahn, the former head of the International Monetary Fund.. the Weinstein case fed an impression that Mr. Vance’s office gave the wealthy preferential treatment... Public defenders pointed out poor defendants are often arrested and charged with forcible touching on nothing more than a woman’s complaint. “They are prosecuting our black and brown clients on sex crimes with far less,” said Justine M. Luongo.. Advocates for rape victims have met repeatedly with Mr. Vance and his top lieutenants, demanding that Ms. Bashford and her assistants adopt more modern, less confrontational interview techniques for sexual assault victims, which take into account that trauma often scrambles memories.They also urged prosecutors to employ more expert witnesses to explain why women sometimes do not fight with their attackers or report rapes right away... Mr. Vance and his team hope more women will come forward now that Mr. Weinstein has been arrested. Some of the older cases in which he cannot be charged may yet come into play too, as evidence of a pattern of behavior.“Sexual predators are now on notice: No one is too rich or too powerful to fall,” said Susan Ossorio, the president of National Organization for Women-New York City. “What’s happening now is bigger than this case. Harvey Weinstein’s arrest really represents an era of new accountability.”
California Is the Model for National Divorce, Not Democratic Domination
When you break down the migration numbers even further, the results are fascinating. While California loses residents to most states, it enjoys net positive migration mainly from other blue states, most notably New York, Illinois, and New Jersey. This means that California’s population churn — immigration combined with domestic migration — pushes it farther down the progressive path.
Third, while Teixeira and Leyden point to California as a model for combatting inequality, it’s one of the most unequal states in the nation. The most prosperous parts of the state are not only undeniably beautiful, they’re also populated by a creative and entrepreneurial class that gives each place a distinctive intellectual energy. If you’re rich enough, parts of California are very, very nice places to live. If you’re not, housing prices will keep you out more effectively than the guards at any gated community.
.. The end result is inequality so great that the nation’s tech titans happen to live in the poverty capital of America. According to the Census Bureau’s Supplemental Poverty Measure, nearly one out of five state residents is poor.
Finally, California’s progressive supermajority has led to a spate of petty authoritarianism that most Americans reject. I’ve written extensively about how California is seceding from the Constitution. The state has taken direct aim at the First Amendment rights of its pro-life citizens, implemented confiscatory gun-control policies, regulated pronoun usage, and repeatedly attempted to restrict religious liberty. All too often California progressives have demonstrated that “California values” are incompatible with the Bill of Rights.
.. the so-called “Cal 3” initiative announced that it had collected more than 600,000 signatures to put the break-up of the state on California’s November ballot. The longshot proposal would create three new states — North California, South California, and California — and its proponents promise that it would solve persistent problems created by “failing school systems, high taxes, deteriorating infrastructure and strained government.”
Trump’s short-term achievements will cost conservatives
Amos went to Israel at a time of great prosperity to tell the nation God would destroy it for failing to care for its widows, its poor, its orphans and its refugees.
Everyone looked around at the success, riches, and plenty and mocked the prophet.
.. ch, and it has become far easier for conservatives to turn a blind eye to injustices than speak up.
.. More and more conservatives are modeling Trump’s bad behaviors. His vulgarity, his thin skin, his willingness to insult and demean, and his willingness to degrade his office are now reflected in conservative political leaders who increasingly see their goal as beating the other side instead of advancing ideas and sound public policy.
.. The party of small government is perfectly happy to grow government as long as Trump is spending the money. The party of limited government is perfectly happy to have a powerful chief executive as long as Trump is wielding the power. Trump and his supporters have also doubled-down on unwise precedents set by the Obama administration. President Barack Obama investigated leaks to reporters such as James Rosen; Trump now seems to revel in the idea of shutting down whole networks whose coverage he hates. Republicans who decried the left’s hostility to free speech in the Obama years now champion censorship of their opponents... It is safe to say many of the president’s supporters have concluded that arguments and debates no longer work, so they will take what they can get as quickly as they can before the tide rolls in and washes this administration away.
.. The short-term gains of this administration, like those of the last, are being achieved by executive order and appointment. So too then can the gains of this administration be wiped out as easily as those of the last.
.. There will always be partisans on the left who hate anything those on the right do. But they are not who conservatives have to worry about. Conservatives have to worry about those in the middle who are persuadable. They have to worry about minority voters increasingly skeptical of the secular drift of the Democratic Party. They have to worry about younger voters.
.. It has become harder to make the case for family and morality as prominent evangelicals applaud and justify the bad behaviors of a thrice-married adulterer who believes immigrants should be judged based on their nation of origin, not the content of their own character.
.. not only has Anthony M. Kennedy not retired from the Supreme Court, but also he has drifted left.
.. the precedent is now there for Democrats to just ignore a replacement who Trump nominates. The conservatives who rallied to Trump to save the high court may very well lose it because of him.
.. Though many conservatives, myself included, have cheered the successes of this administration, most of them are easily reversible and, along the way, it will be harder and harder to separate the successes from the low character and behavior of the man whose name is connected to them. Conservatives may no longer care, but for most Americans, character still matters. At some point, those on the right will pay the price.
But if California progressives try to remake, say, Tennessee in their own image, they’ll find that resistance is fierce. American federalism can encompass progressive and conservative enclaves. American polarization reinforces and hardens those bubbles. Teixera and Leyden believe that one side is destined to dominate. Perhaps. But there’s a different option: We could be destined to go our separate ways.