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About this Episode
Too many young people have no idea what the realities are entering the workforce.
Hosts & Guests
Transcript
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Welcome to the Eric Erickson Show podcast, our three.
Hello America, welcome.
It is Eric Erickson here across the United States of America, delighted to have you with me.
The full number is 8779737425.
Should you wish to be on the program?
We're going to go off the beaten path now, away from the news overseas, away from the markets, although oil is back below $100.
I've got CNBC pulled up on my TV and everybody's very happy.
Oil prices are going back down.
I'm also seeing this continued campaign online from individuals who are sending out fake AI-generated footage or old footage
to claim that Iran is, for example, destroyed a U.S. oil taker among other things.
Also, it is beginning to dawn on the press that what's happening in the Straits of Hormuz is that oil tankers are turning off their transponders, navigating the Straits of Hormuz and then turning the transponders back on.
The idea that there's nothing flowing through the Straits of Hormuz is actually false.
What's actually happening is they're turning off their transponders so it looks like there are no ships in the Straits of Hormuz.
Then when they get on the other side, they're turning their transponders back on.
It makes it harder to find them in the Straits and they do visual sight navigation.
They steer clear of Iran on the horizon and because of where they're placed, it's harder for Iran's radar to detect them and away they go.
Now, I want to shift away from all of that.
I want to talk about Gen-Alpha and Gen-Z.
So my kids are, I guess, technically Gen-Gen-Alpha and Gen-Z and there's a report out that they are becoming very nihilistic.
Nealism, nihilism, some people say, nealism.
It is a philosophical belief that life lacks inherent meeting purpose or intrinsic value.
You got that? It's Frederick Nietzsche.
Came up with the idea, not really, but he's the one who popularized it.
He was a philosopher in the 19th century.
And essentially argues that all values are baseless.
Objective morality is not existence and knowledge is impossible.
It rejects traditional authority and meaning viewing human existence as an accident and an indifferent universe reading from Wikipedia.
Essentially life has no purpose or value.
It's very dark philosophy.
And in their behaviors, Gen-Alpha and Gen-Z are embracing some very self-destructive behaviors.
Drugs, sports betting, crypto, predictions, markets, gambling.
Now, those of you who are libertarian nerds are upset with me for saying crypto, but let's be honest here.
Most people don't understand crypto and most of the people who claim to understand crypto don't really understand it and don't at me.
Crypto is nerds giving value to other nerds holding nothing on a blockchain.
Sports betting is kids throwing their money thinking that they're smarter than the sports betting apps, which if you actually are, we now know they degrade your ability to bet.
Did you all know this? There was a big expose. I think it was from Bloomberg a couple weeks ago that some of the major sports betting apps that if you get really good at making sports bets, they degrade your ability to make sports bets.
They limit your options. They slow you down in real time so you can't make bets. They limit how much you can bet because there's no there's no winning against the house.
Thankfully here in Georgia, our state legislature killed an attempt to do expanded sports betting in the legislature the other day.
There's an effort here in Georgia to build a casino.
The former mayor of Atlanta, Cassimri, did a great line that Las Vegas was built in a desert for a reason.
We have a growing number of Republican and Democratic state legislatures that are trying to convince you that the way for their states to make money is to bring in casinos.
And you never bet against the house and these legislators are 30 feet above a runway convinced that they as a state policy makers can win against the house.
You can't win against the house. I say this is a native of Louisiana that years ago decided to bring gambling into the state.
Literally, this is the way it worked in Louisiana. Edwin Edwards was the governor of the said Louisiana. He was a major gambler.
In the 1800s, the legislature was in New Orleans and they regularly failed to make quorum because the legislatures were either in the brothels or the casinos.
When they changed the constitution of the state, they banned gambling and prostitution so that the legislature would actually have to show up for work.
They also moved the state capital to Baton Rouge away from New Orleans.
What Edwin Edwards did is he got a bunch of his friends on the state Supreme Court.
And once he had packed his friends on the state Supreme Court, he introduced gaming legislation in Louisiana.
And you see the constitution of Louisiana that used the Napoleonic code where words mean specific things and gambling meant something gaming meant nothing.
And so in Louisiana, gambling is to this day illegal, but gaming is legal in the half casinos where instead of gambling, you game.
You get maps and slot machines and everything else. You get the lottery all that in Louisiana, but it's a game. It's not gambling.
And guess what happened? All of the money the state said it would raise for education never came.
You can't bet against the casino. Illinois, Missouri, Massachusetts and others. They've allowed casinos or they've allowed boats on the Mississippi River.
It's a sale of the Mississippi and gamble. And as long as you're not actually as long as you're on navigable waters, you're not really in the state.
So week, week, not, not go gamble and we'll get the revenue. And none of the states are actually seeing the revenue show up from the casinos and the boats. None of them are seeing it.
The way that the Georgia legislature tried to work a casino legislation here is that 55% of the revenue had to come from non gambling, non gaming, music and restaurant venues.
The local businesses in Atlanta were like, wait a second, that's going to kill us. We've got music venues. We've got restaurants. We're going to get killed by a casino.
They're going to destroy the infrastructure of the city. Never mind the growth of crime. Never mind the growth of bankruptcies. Never mind the growth of spousal abuse.
Never mind the growth of divorces that happened. Any time a state brings gambling into the state, you see an increase in crime and increase in prostitution and increase in human trafficking and increase in divorce and increase in spousal abuse.
And also a collapse of entertainment and restaurant infrastructure. The only studies that show this does not happen are studies funded by the casinos.
In every nonpartisan unbiased study academic study, you see these things.
But young kids now are embracing the sports betting lifestyle, the crypto lifestyle and the throwing their money away lifestyle. Why?
Because they're embracing realism and they've decided that their lives are not going to be better than their parents.
We are living with the first generation of Americans who believe their lives will be less than their parents' lives.
One of the reasons we're dealing with kids who don't think they're going to have a life better than their parents is because their parents have set pretty crummy expectations for them.
The level of entitlement of ginsiers today and gen alpha, they really do believe that when they get out of high school and they get their college degree that they should be making six figures out of the gate.
I see this all the time. You know, some of the young guys who have embraced Nick Quintez and others. Literally, I saw one the other day. He's a college Republican white nationalist white supremacist racist who was saying,
you people screwed us out of our future and we're embracing the cause of Nick Quintez and white pride and white nationalism because you've allowed the immigrants to take our jobs and we should be getting six figures out of college.
And now we're going to settle for a minimum wage. Who the hell told you you were going to get six figures out of college? I sure didn't.
Well, you know, just because you sacrificed it mean we should have to because the world gets better. The world gets better and the world gets worse at the same time. It's a wild paradox. You entitled little brats.
We have a bunch of high school and college kids getting out of college at high school who decided to throw their money away because life's not fair and it sucks and you know what you're going to do.
You're going to wind up destitute because you didn't take Dave Ramsey's philosophy that the number of people I hear today saw Dave Ramsey says you shouldn't take on debt. You know, you have to take on debt to live today. No, you don't. You just have to live on beans and rice and save some money. You idiots.
The amount of entitled 20 somethings out there the how dare you lecture me look at you in your lavish life because I'm 50 years old and worked for it.
My wife and I had to spend a time where we decided we couldn't pay the power bill because we had to buy baby formula because she couldn't breastfeed. Don't lecture me.
Oh, you don't have to sacrifice. You don't understand how much I sacrificed.
You know, I buy a new car and Dave Ramsey has gotten on to me in person about this before I buy a new car every three years because I drive my car so much I get to 100,000 miles every three years.
I bought my present vehicle in the middle of July last year from Jim Hardman up in Gainesville, Georgia and I've already got 30,000 miles on my vehicle.
I'm not even to joy. It's not even a full year and I've got 30,000 miles on my vehicle. That's how much I drive. I'm headed down to Jacksonville, Florida WKV in a couple days to go to the players.
Never been to anything other than the masters going to go watch the players tournament in person hang out with WKV see some listeners down in Jacksonville, Florida this coming weekend.
I'm going to drive my car. It's four hour drive from my house set a fly and rent the car. I'm just going to drive. I put a lot of miles on my vehicle.
You know why I buy a new vehicle every three years in addition to the fact that I put 100,000 miles on it because for years I drove a car where literally I had to hold the windows up with duct tape.
These kids getting out of college and thinking that they should be pampered and privileged and make six figures have unrealistic expectations either they've gotten from their family or they've gotten online.
And when they're realizing now that it's not going to happen instead of saying hey how can I live a better future instead they're throwing their money away and they're throwing their future away with them.
My people I love you but you got to raise your kids you know my kids school in twelfth grade they make them all go through the Dave Ramsey program.
They do because they wanted to be prepared with realistic expectations instead of the expectations are getting online.
We have allowed these privileged often white kids to have these massively unreasonable expectations and when they get out of college and realize they're never going to meet their expectations they turn bitter,
realistic, malcontented and many times racist and blame immigrants and blame the other blame the other political or blame whatever it is.
It's absolutely wild to me to see this level of destructive thinking creeping up in Gen Z and Gen Alpha and there's time for you parents to correct your kids expectations and you better correct your kids expectations.
Or they're going to get into the world and we're all going to inherit the whirlwind of their rage because they came out of school thinking they should be billionaires after college and instead they're barely making a minimum wage and having to have a roommate like all the rest of us had to when we got out of college.
The idea that somehow I walked out of college into luxury and they should be able to as well is absolutely nonsensical.
You know, we tell our kids our story because we want our kids to know what it was like for us my wife and I when we got out of college and we're burdened with student loans and rents and everything else we had to do so that they understand that it's going to be like that for them as well.
They're not going to walk into luxury when they get out of college we didn't they're not going to I don't understand the kids who think that somehow they're going to like win the jackpot by having a college degree.
No, life is unfair cruel and expensive for us when we got out of college and it will be for you as well.
Ground yourselves and stop wasting your money on sports betting and crypto.
Those of you on the phones be patient I will be taking your phone calls here coming up short segment here want to take all your phone calls just be patient.
But before I get to anything else how bad is crime in the Los Angeles area I saw the story yesterday and I had to read the story of my wife and we were both kind of floored by it in the Los Angeles County area a man went to the local library to charge his electric vehicle.
His family is now suing the town where the car was plugged in at the local library because a homeless man attacked the man and stabbed him.
They called 911 and when the ambulance showed up and the paramedics got out to render assistance to the dying man a second homeless man got in the ambulance and drove it off.
And the man who the paramedics say probably would have lived had he gotten in the ambulance and headed to the hospital blood out and died.
That's how bad the crime and homeless problem isn't in this part of Southern California where Democrats try to dance around it and pretend it's not a problem or will it all away or claim there's there's not a violence problem or anything like that.
And yet these stories keep happening and they're not happening in red states that take crime seriously they're happening in blue cities and blue states that are the most crime written in the country.
By the way, did you know that crime is down in Memphis, Tennessee and in Washington DC where the National Guard continues to maintain a presence the people of Memphis and Washington DC for the first time in about 10 years both the majority of residents of those cities say they feel safe.
For the first time in a decade thanks to Donald Trump who's not getting any credit for it.
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Hello there welcome Eric Erickson here across the United States. I would like to spend some time finally on your phone calls.
Thanks for being patient with me. The phone number is 877 9737425. Let's begin in Jacksonville, Florida. I'll be there later this week. David, welcome to the show. How are you?
How are you doing today? Enjoy the show. You know I've been here in Chris Murphy and women thought both from Connecticut the Senators and I saw Mark Warner say and I quote well we already had an agreement with Iran to decrease the nuclear proliferation wherever you want to call it.
And then he threw it throughout while I'm with and lifted the agreement and here's the thing that I think really got under Trump skin.
It was called a 24 day inspection gap in other words if the IAA the international organization for that to watch that so to speak saw something that they wanted to look at they had to give the Iranians a 24 day notice before they could go and expect something.
And the other deal is that the only thing they couldn't expect was nuclear nuclear material and nuclear manufacturing site. They couldn't expect if they were doing anything with ballistic missiles.
So basically they the agreement that Trump threw out was nothing but carte blanche do whatever they wanted to do.
The entire idea is that Barack Obama created some sort of lasting peace in the Middle East by cutting a deal with Iran to send them pallets of cash is always nonsensical progressive spin.
The reality and the truth that Democrats don't want to admit is that the Democrats wanted to realign the Middle East around Iran because they didn't like Muhammad Salman the crown prince of Saudi Arabia.
They were tired of dealing with these Middle Eastern countries and they thought that having Iran be more emboldened and empowered would actually be good for the Middle East because progressives firmly believe it is within every fiber of their being that a diminished United States is good for the world.
And that is why Barack Obama sent Iran pallets of cash. This is a man who got elected president and went around the world apologizing for the United States.
And this is a man who in the Arab Spring turned his back on the Iranian people.
It's nonsensical.
It is sad to see.
And it is premised on the idea that the United States is actually a bad force in the world instead of a force for good.
To Bridgeport, Connecticut, is it boss? Welcome to the show.
Eric, thank you for taking my call. We spoke once before I was it's beautiful 63 degrees in the southwest corner of Connecticut.
And I'm clean of windows and I'm listening to you talking about the generation.
Oh, just to let you know Bridgeport is a city. It has its issues, but Fairfield County is the richest county in the United States.
Yeah, I've heard I got a buddy of mine who lives up there. It has these wild stories about the kids at his kids school who come with like fancy Mercedes and stuff and his kids and a hundred.
Well, he's talking about when you go south of Bridgeport, Fairfield, affluent, then you get into Southport, Westport, Wilton, Darien, Greenwich, blah, blah, blah, New Roate, New Canaan, money, money, money, all the way to the New York border where I'm originally from from Long Island.
But what I wanted to say to your point, I love it. You were saying, and Dave Ramsey, I love that quote when his son said, I need money said, you don't need money. You need a job.
I have, I went to grad students that go to the local college here, say for how university I've been doing it for 23 years. I have two houses next so to each other.
The ones that go to school and I've met 23 years of the most amazing young people, but if you take something like the foot doctor, I go to says, if you're going to go to college, take something that's going to pay.
For instance, I have a family member went to school at University of Rhode Island when writing to get into masters and then went for speech therapy, working in a school system here in Connecticut, starting salary like $97,000, 26 years old.
So, but a lot of problems with some of these gender, what you were talking about, a lot of times it's the kids, the young people, whatever word you want to use.
But a lot of times the parents have become nothing more than the older brother and sister, like my mother used to say, just because you have the means, sometimes you've got to fold your arms.
And a lot of times, that's facing, I'm old in you, I'm 19 years old in here, but our grandmothers, yours are even like, didn't have quite the money that some of the grand, oh, make it easy.
Oh, you know, we'll give, but sometimes you're just making the person weaker, there's an old saying in business, you make a living from nine to five, you get wealthy work and five to midnight.
And sometimes sweat equity, sweat equity, like for instance, all those affluent towns, would any of those young people buy a two family house in Bridgeport or strafford, or maybe a part of there.
Oh God forbid, sweat equity, when I bought my house, my brother and I, I'm a twin back in 1984 was $86,000, the interest rate was 18%.
And it needed a lot of work, but now, you know, we'd be up to four o'clock in the morning with our wives, strip and wallpaper, sweat equity.
But a lot of the young people today, they don't know that not so much, like Rush Limber used to say, leadership stems from the top.
If the parents don't teach from the beginning, take the garbage can out, then you get a nickel, then they don't hear his money, his money.
In other words, if you want that car to move from point A to point B, I'm going to buy the car, let's say, and maybe start you off with the insurance.
But if you want that car to go from here to the football game, you got to put guess in it, which means working at the mall or working here to work in a second job.
Yeah, that happens, Charlie.
You know, and I don't think it's a coincidence, boss, and I'm going to let you go there with the alarms background.
And when I get up to Bridgeport, I'll let you know, I really do need to get up there beautiful.
And I've never been a Connecticut. Well, no, I take that back. I did go to University, Connecticut, you give a speech while back.
That was when I had those clots and spent time in the hospital forgot about it.
I need to get up there though.
I don't think it's a coincidence that some of the loudest issues or loudest voices on these issues come from very pampered white kids.
And I don't mean it to be a racial thing, but I think that most non-white kids are from family backgrounds where they understand that if they're going to get out and get ahead, they're going to have to bust their butt.
And there are a growing number of white kids who live pampered lives who just expect it to all come on a silver platter.
Well, I am not from one of those families. My parents had means, but also my dad worked his butt off on an oil platform.
And when I got to college, I had to take out student loans. I got a really good scholarship, but still had to take out some loans.
And when I got to law school, it was all on me to pay for law school.
And I got out of law school. I got married right out of law school. And we lived in a house that was terribly insulated.
We had a heating bill one time. There was over $600.
And we eventually, my wife was fortunate enough to get a little bit of an inheritance that would help us make a down payment on a house.
And when we did, and we got that house, it was an old house, the 1950s, and we had to do all the fixing up ourselves.
We had to do all the painting. I had to teach myself basic electrical stuff to do some upgrades.
We had to buy new appliances. Fort still had the original refrigerator and washer and stove and dishwasher.
And when we had our first kid, five years after we got married, my wife had had a double mastectomy.
And we had to use formula. And there were months where we were starving so that our kid was fed.
There was no buying you clothes. There was no going on dates. There was no taking trips.
My in-laws were very generous with us. And they would take trips to the beach and take us with them.
But it was extremely expensive for us at times. And we had student loans to pay and a mortgage to pay.
And we weren't making a lot of our jobs. And there are a lot of kids who come out of colleges now.
They get a women and gender studies degree. And then they get better because they can't find a job.
Well, of course, you're not going to find a job with a women and gender studies degree unless you're working in HR.
And then you're going to be miserable and bitter. I don't understand the kids.
It's like, you know, I tell this old story that when Obamacare was happening, there was a big story.
I want to say it was in New York Times, maybe the Wall Street Journal, where they interviewed a guy protesting in Atlanta, Georgia,
who wanted Obamacare to pass because he was talking about how his student loans were so expensive.
And he couldn't find a job and he couldn't afford health care.
Do you know what his degree was in? He got out of college and got a master's degree in puppetry arts.
That's right. He got a college degree, a postgraduate degree in shoving your hand up the rectum of a puppet and couldn't find a job.
Color me surprise. You couldn't find a job doing that. I mean, you should go back and get a medical degree and become a proctologist.
And instead of puppets, do people and you might be surprised at how much money you can make shoving your fingers up back sides if it's not puppets, but people.
But instead, he's not smart enough to do that.
So he got puppetry arts degree and he couldn't find a job. And so the rest of us needed socialized health care for this idiot who never thought,
maybe I should get a job that or get a degree that can make some money.
Good Lord, these people. All right. Ray, you're going to be the next color. Welcome to the show. Ray, how are you?
I'm wonderful. How do you like this pound down here?
Oh my gosh. My car this morning. It's already started. My car was yellow this morning. And it's, uh, yeah.
Downside of a black car. My wife picked on me because I had a white and silver cars forever. She's like, we usually have a black car every car in our houses is black.
Because that's what my wife likes. Except you see the pollen very well on a black car.
Oh, great. The pie is already all over you. I had made it up to my area yet, but listen, something I wanted to bring to your attention.
You were talking about the, um, the answers to get out of college, expecting high wages, something I'm a gen X or I'm a little bit older, new, not by bunch, but these fly by night schools.
I went to one I brought out of money and couldn't complete engineering school up there. Southern tech and cop in Marietta.
So I ended up going to one of these fly by night electronic schools and, um, they did not tell me the truth about what I was going to be thinking when I got out of there.
And I signed up for some student loans, luckily it wasn't about $5,000, but even then back in the late 80s, that was still a lot of money. It took me for a long time to pay that off.
And so my mother didn't know any difference. Followers out of the picture and people need to wise up and educate their kids and do a little bit more investigation.
And yeah, you're right because a lot of those those for profit schools.
Like for example, my daughter is very artistic and she wanted to go to a very prominent school that I'm not going to say on radio that turned out to be for profit.
She had no idea. And nothing, nothing, there's nothing wrong with for profit, but when she started realizing the amount of money, she would have to take out to go to this art school that a standard four year classical school, she wouldn't have to take out.
And then she's like, and then dad, they're going to find out I'm your daughter. And I'm going to be the least popular person on campus because it's all a bunch of weirdos and liberals.
And she wound up not going and subsequently to making the decision, this is the place she had wanted to go her whole life.
Subsequently, she's encountered kids who went there who have struggled to find jobs and had massive student debt to go to this place and couldn't get a job.
And it's a legit school. It is. It's got campuses in the southeast, but then you got a lot of the other overnight schools that promise you all sorts of jobs and expectations that you got to do your research.
You really do have to do your research on these places, but also the idea of going to school and getting a degree from an associate degree or professional degree in in plumbing electrical, you're going to find a job as a plumber in electrician.
My son wants to be an architect. The odds are he's going to find a job with an architecture for my daughter is getting a degree in finance and accounting. She's probably going to find a job.
If my kids went to college and wanted a degree in African American art studies or women and gender studies or queer theory, I would tell them you're on your own.
I'm not wasting my money on you to get a degree like that. And yet there are parents who send their kids to college who get these degrees.
You know, there's a growing movement among some states in public schools to get rid of those interdisciplinary study degrees because you're not going to make any money on it.
You want a degree in math? Okay, you're probably going to be able to find a job if you get a degree in math or computer science.
You can even go to get a political science in history degree, go to law school. That's basically the law school track or an English degree.
But even those, I do question a little bit. Now my degree, my undergrad, I've got a major in history political science. I got a minor in English.
And that was law school track. I'm still paying on my law school loans. I got another few years in law school as I hadn't practiced law since 2006.
But then you get the people who go and they get the most bizarre degrees. It's like, so my daughter goes to my alma mater.
And I can foresee trouble on the horizon from my alma mater, which I dearly love.
But my son wants to go to Sanford University in Birmingham, Alabama. The difference between the two is my alma mater, Mercy University, used to be Baptist in name only.
And is Sanford in Birmingham, Alabama is very explicitly a Christian school.
And I have a number of friends who went to Mercer University with me who are sending their kids to Sanford because it's explicitly Christian and my alma mater abandoned it.
And I don't know how my alma mater, Mercer, distinguishes itself from the other private schools in the southeast now. It doesn't have a Christian component.
They say they're not woke and they're not, but they're getting there. I mean, my kid was in an art class and the professor frog marched a kid to the front of room and lectured around the use of pronouns.
Don't tell me they don't have woke elements. So you don't find that in Sanford. You find that a Mercer. How does it distinguish itself from a berry, from a shorter, from a porter, from an emery, from a UGA, from a Georgia college?
I don't know how it survives long term with population decline fewer people have in kids when it lacks a unique element like faith that brings people in as opposed to a Sanford.
And then instead of having a unique art degree, we like my son wants to architecture. It's in the art program at Sanford.
And we went into the presentation like all of the art program is designed around you having a career. So it's computer programming for art.
It is art as designed for marketing and stuff like that. Things that AI isn't going to be able to do. In fact, they're already thinking about how do we get a kid a job when AI is going to replace jobs by coming in a wrong ahead of it. Very thoughtful program is very impressed.
And I know that my, I'm hoping my alma mater is going to head in that direction and get there with some of this, but also some of it. The woman is like, I was kind of appalled to find out my kid goes to my alma mater.
She's a brilliant artist and rejected the art program because this professor was so progressive that she lectured a kid on the use of pronouns and it was just absolutely my numby to me.
Well, my apologies to those of you on hold I ran out the clock talking to collars in the last segment, but appreciated all the insights.
Listen, I didn't have time to get into the David French piece on James Tallerico. I'm kind of tired of talking about Tallerico, but I'm sure I'll get into it tomorrow.
And I know I'll probably write about it in the morning. If you text Eric, ER ICK to 33777, click on the very first link you can subscribe to the show notes.
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