You see, back in those days, rich men would ride around in Zeppelins, dropping coins on people, and one day I seen J.D. Rockefeller flying by. So I run of the house with a big washtub and... hey! Where are you going? (in the car) Anyway, about my washtub. I'd just used it that morning to wash my turkey, which in those days was known as... (cut to mall) ...a walking-bird. We'd always have walking-bird on Thanksgiving, with all the trimmings: cranberries, injun eyes, yams stuffed with gunpowder. Then we'd all watch football, which in those days was called baseball...

(later) Eh, why didn't you get something useful, like storm windows, or a nice pipe organ? I'm thirsty! Ew, what smells like mustard? There sure are a lot of ugly people in your neighborhood. Ooh, look at that one. Ow, my glaucoma just got worse. The president is a Democrat! Hello? I can't unbuckle my seat belt. Hello? (honks car horn) (entering the house) There are too many leaves in your walkway...

You could have asked 'Grampa', ""Where'd you get all the money?"

"The government. I didn't earn it, I don't need it, but if they miss one payment, I'll raise hell!"

But it will be a short revolution... we just need to zap the SIM cards in their so-called smartphones and Gen Y will be knackered.

"The government. I didn't earn it, I don't need it, but if they miss one payment, I'll raise hell!"
WmTrevor,
Yet another apt description for the average Labor Voter.

When the balloon goes up, I'll be topping my mum. She's old and weak and would be easy to do over. I mean she doesn't work any more and would only spend her money on food and pokies anyway.

But that is what Malcolm is asking us to not do isn't it?

The framework we operate from around here is simply encapsulated in the observation that there has never been global economic recovery with oil prices above $100 over barrel. That is shorthand for the idea that oil is the primary lubricant of economic growth and that it is not just the amount of oil one has to burn but also the quality, or net energy, of the oil that matters.

If we want to understand why all of the tried-and-true monetary and fiscal efforts have failed, we have to appreciate the headwinds that are offered by both a condition of too-much-debt and expensive energy. Neither alone can account for the economic malaise that stalks the world.
Unquote:

If you want to understand what is going on this article may answer
some of your questions. It is from an American perspective but so
much rings true.

http://www.resilience.org/stories/2013-02-15/the-real-reason-the-economy-is-broken-and-will-stay-that-way

Wow - as a member of the older end of Generation Y, I never realised I was so pathetic. I seem to have made do quite nicely without government handouts, bludging off my parents, excessive medication or all of the other sins of my generation. I've learnt to pay my own way, which is a good thing - my peers and I have entered the adult world on the assumption that there'll be no pension or other support when we start slipping out the other end - and that's fine. We've had plenty of notice, and we're working around that. Perhaps there are two Generations Y: Y1 and Y2. Perhaps I've grown up in one, completely unaware of the existence of the other. All the charges levelled against my generation seem so inaccurate when I consider the people I have grown up with.

One thing I will say, though, is that the assumption that people wait around for their parents to die so they can inherit money and pay their debts sickens me a bit. Do people really do that? Do people factor inheritance into their lifetime budgets? I'm a little disturbed.