alt Hacker News I don't know if it's sheer stubbornness or they're just wired differently.
There is no long-term strategic thinking anymore, only feel-good policies and short-term cash burning for their respective clientele.
As a young person it infuriates me but there is nothing we can do.
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That's my impression as well. The future is being sold for the present.
Yeah, I would call it: managing the crash.
They try to hold on to everything until retirement and don't care about anything else. In ten years Germany is like, what? 60 percent over 60?
Everyone knows it won't work, but try to hold on to it as long as possible.
>As a German I believe it's more about demographics nowadays. The country and all large companies are run by older people who only saw rising prosperity their entire life. They all have settled in a comfortable place and do not seriously care about the future anymore
However bad Germany is in this regard, I suspect the US is far worse. There is no cohort in the US who remembers living in "East US" to temper the excesses of the people who've only known ease and comfort (though of course those people will tell you they worked hard to <insert career/prosperity path that no longer exists).
You are right about the issue, but wrong about the action. There are things you can do. Vote for candidates and parties that genuinely want a different future. Become politically active yourself. Run for office. Work with your local community. Every bit of action helps.
>who only saw rising prosperity their entire life.
Their prosperity has been artificially inflated and not earned for the last years, as the government adjusted their pensions according to inflation, not according to actual economic growth/fall of the nation. It's a cheat code that shouldn't be used if you wish for economic reality but it's used to buy votes.
>They just want to keep the system running until retirement.
To be fair, this is a similar issue with Boomers versus Gen-X in the US and most of the west.
> As a young person it infuriates me but there is nothing we can do.
Spend your money elsewhere, perhaps?
> there is nothing we can do
The is always something you can do. Sometimes it's hard or uncomfortable but you can still have an impact on the things you care about if you're willing to do enough.