My son Antonio
just turned 21 years old, and I’m worried. Not only is his generation of young
Italians grappling with the longest economic slump in modern times, but they
also have to deal with us, their fathers and mothers.
I’ve taken to
calling us the Generazione Pitone, the Python Generation. We refuse to give
ground, and instead slither forward and ingest everything in our path. We have
stamina. We are selfish. We have a soundtrack (that’s why Bruce Springsteen is
still touring). And now that we’re getting old and retiring, we cost plenty.
America’s baby
boomers are not alone in the world. Every Western country produced a
substantial postwar generation that has no intention of stepping aside. But
Italy is special. Old-age pensions swallow 14 percent of the country’s gross
domestic product and 57 percent of all social spending. No other country in
Europe spends so much on making its past comfortable……To Read More….
My Take – Another
reason why the EU is doomed.
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