Paradise in Puerto rico

Paradise in Puerto rico

Friday, September 17, 2010

Today, I wake up at 3:30 in the morning (thanks to my cell phone’s alarm) and jumped out of my Holiday Inn room to catch a Philly cab to the airport. To my surprise, right behind the driver’s seat there was a credit card swapping device that allowed me to include a tip and print a receipt like in any self served store cashier!
Technology and convenience working together at their best!  And as I got to the boarding check point In the airport, I saw this couple with their baby been pull out from the line because they had big bags of baby stuff, including baby food, baby drinks and medications. I thought, “inspectors are going to throw everything away for fear of chemicals and explosives” but to my surprise, they pull out this strange looking metal gun with an air filter that was pointed around each bottle like a drug sniffing dog. And in a blink of a second the couple got their whole bag inspected and released for their baby enjoyment.
I got to my plane without any delays and as I reflected on our class discussions about the current generation of techno-boomers, I smiled. Just in a couple of hours, I discovered myself in the realization of my generation gap and still feeling proud of my capacity to understand what I have seen without the fear of not having control of the speed in which technology changes this days.
As Michael Kinsley published in the Atlantic of October, 2010(http://www.theatlantic.com/); we, the baby boomers have three presidents representing our “generational time” Clinton, Bush and now Obama. And in the opinion of most Americans, we came after the “Great Generation” that won the World War II and took our country to its highest level of greatness after defeating communism, the great depression and giving us prosperity and wealth. Now, after less than 20 years of switching party’s presidencies Kinsley adds; “The CBO projects that the national debt – nearly 62 percent of GDP – will rise to 87 % by 2020 and to 185 % by 2035.”
He, propose a generational legacy to the Baby Boomers and embarks on the idea that we should clean the bill for our children. As insane as it may sound, he insist that we should try on behalf of our national interest because our debt is unsustainable and we need to change our image of self absorbed and selfish.
The problem on his idea is that in order to accomplish this, “we must tax” estates and family wealthy inheritances that go beyond the necessary means because contrary to popular thinking; that won’t be double taxation because “people who leave estates of more than $1 million didn’t earn this amount through wages… fortunes consist of unrealized capital gains”.
As I looked out my window at more than 37 thousand feet from the ground and see some of our beautiful landscapes, farms, rivers and mountains; I know we must do something to change our economy course. These ideas may sound too drastic or even more philosophical than practical, but as a parent and conscious citizen; we are responsible for the fiscal mess and still have time to turn our spending habits to a much fiscally responsible level. We are considered the generation of the Civil Rights and the enforcers of social equity; our children deserve a better economic future!

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