Largest Wealth Gap EVER Recorded

Want to have a discussion about class warfare?  What do the history books say about what happens when societies get to a point where they have lots of young men with no hope of supporting a wife and family because they can't make a living?

I'll tell you what they say....it leads to unrest and war.  Either civil war where the Wall Street Protests turn to violence and millions of disaffected young people start burning things and throwing things....or the government of the society will choose to channel the energy of all these young men towards a war with foreign nations to deflect the attention away from their own governments mismanagement.

Today's article about the largest wealth gap ever between the older generation and the younger generation should set off some alarm bells about what may be coming unless something changes....and I don't see a lot of change on the horizon.

NEW YORK (CNNMoney) -- One of the most basic tenets of the American Dream is being called into question by recent economic data. Can each new generation do better than the one before it?
So far, today's young people aren't off to an encouraging start.

According to analysis by the Pew Research Center released Monday, younger Americans have been left behind as the oldest generation has seen wealth surge since the mid-1980s.

While it's typical for older generations to hold more wealth than younger ones who've had less time to save, the gap between the two age groups has widened rapidly.

In 1984, households headed by people age 65 and older were worth just 10 times the median net worth of households headed by people 35 and older. But older Americans are now 47 times richer than the younger generation, marking the largest wealth gap ever recorded between the two age groups.

"We don't know how the story ends, but we know how the story is beginning," said Paul Taylor, executive vice president of the Pew Research Center. "At the beginning, today's young people are not doing better than yesterday's young adults."

See it here; http://money.cnn.com/2011/11/07/news/economy/wealth_gap_age/

So let's say you just graduated from college and you have $60,000 in student loans with $800 month payments, you are living with your mom while you work part time at Menard's for $8.50 and hour and have some other part time job.  You have a communications major from a liberal arts school and are standing in line with thousands of other more qualified applicants who have actual work experience.  You get your paycheck and discover that they keep taking out 15% for Social Security benefits and you are pretty sure you are never going to see a penny of that.  How long are you going to be happy in this situation?

How long until millions of these recent grads start joining the Wall Street protesters?  How long until this group says, "No!" to funneling what little wealth they have into supporting their grandparents social programs?

Unrest is coming.