To: rintense
Not all 18 year olds are pampered by thier parents. I was not.
I spent well over 110K to get through grad school and undergrad.
Aslo at 18, what are you going to get, a 25K a year job tops unless you make significant investments in yourself.
No, it the relatively wealthy older people tax the poor young. I did demographics at a financial institution, and we did not even want to talk to you unless you had a six figure income and investable assets of 300K. That demographic starts at 35.
Responsible young people have FAR less disposable income and wealth than older people, althought the young tend to consume less and seem less 'needy'.
Having the elites redistributing wealth dampens productivity and abridges the liberty of the responsible.
7 posted on
10/26/2002 11:37:58 AM PDT by
fooman
To: fooman
No, I understand that not all 18 year olds are pampered. But they have a larger financial support system that most elderly. Secondly, *most* 18 year olds do have a large amount of disposable income. That's why they are a highly sought after democgraphic for advertisers. They have much pocket change and little other financial responsibility.
Kudos to you for being so financially responsible. I'd like to think that you are the rule, but these days, I think you would be the exception.
9 posted on
10/26/2002 11:42:52 AM PDT by
rintense
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