Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Jamie153 who wrote (466509)	1/28/2021 2:24:01 PM
From: cosmicforce	Read Replies (2) \| Respond to of 540587

It is a good theory but is well known. My children cost us several million in lost wages - provably. Everything is more expensive if you have children. You have the obvious direct costs of toys, babysitting, school supplies, clothes, food, safety equipment, sports equipment, medical, food, etc. You have extra insurance, cars and a larger house. It all adds up and is even more if you have a special needs kid as we did. Not only are they expensive - they limit your ability to move or travel or accept promotions. I was laid off because my job moved to the East Coast - my youngest was in her senior year. I couldn't see how that would work for us. It worked out okay and I got another gig. That number is assuming 20 years $100k and doesn't include a time value of money calculation. You get some deductions. Whooooopeeeee!

To: Jamie153 who wrote (466509)	1/28/2021 4:54:11 PM
From: yard_man	2 Recommendations Recommended By abuelita Winfastorlose Read Replies (3) \| Respond to of 540587

a theory of .. poverty ... and I don't mean financial. Strangely ... among those I know who are educated ... there is some kind of converse at work. The wealthiest ... financially ... and more important: emotionally -- seem to be the richest in BOTH regards. But the theory you cite is a theory that fits well with those who advocate killing the unborn and many a theory of social justice. It's a sad theory. I used to teach physics and it was in vogue at the time to talk about western energy consumption vs. that of the developing world. Beginning my lecture starting into the topic of energy -- I chose to consider the difference in generations -- in the US regarding energy consumption. I always like to start with questions -- my lead-off question to the class was: Are you rich? [ I was going to make the obvious point about how much better our lives were than our forbears -- because we command energy resources that do a lot of work for us.] When I asked the question: "Are you rich?" Some murmured -- is he kidding me -- because many at that technical college are from the north side of town -- usually less well-off. But the first kid to raise his hand offered -- "why, yes, I am rich. I am rich ... in cousins." :-) Adults counting their riches in $$s, bonds and stocks -- ch*t!! [don't ban me -- I won't post again -- I promise]