Recently, three 30-something Frenchmen—an entrepreneur, a TV journalist and a rap singer—began a campaign called “Barrez-Vous,” which means “beat it.” Emigration is the only answer, they said, because France is in the grip of a “sclerotic gerontocracy that is collapsing a little more every day.” (Website: http://barrez-vo2.us/site/)
“Sclerotic gerontocracy”? Who might that be? If you’re 30, it’s the brain-dead class in possession of your politics. The French “Beat It” movement is onto something. Whether in Europe or the U.S., the air is filled with cries to solve various debt calamities. Look closely, though, and you’ll notice that virtually any political “solution” on offer to the euro crisis or U.S. debt will essentially force people age zero to 35—jobs or no jobs—to spend their lifetimes paying off the rolled-over debt that bails out the politicians and guarantees benefit flows to the older half of the population, which will escape to worry-free graves before the crisis returns.
It may be true that what’s left of the 2012 youth vote is largely left-leaning remnants that will fall in behind Barack Obama. Still, they should ask the French “barrez-vous” people about Mr. Obama’s campaign offer of cut-rate interest on tuition loans.
With virtually free higher education, Europe’s low-growth utopias have the world’s largest, best-educated population of jobless young people. With four more years of below-average growth under Barack Obama almost a certainty, cheaper tuition will mainly send more graduates into a desert of unemployment or underemployment. Hi, I’m Marty and I’ll be your waiter for the next 40 years.