Posted on 11/10/2005 1:22:46 PM PST by qam1
CSM- My response was based more from a Stress Factor and the impact on families, an Educated job is going to give a person the money, admiration and lessens the burdens of life than a less educated person, that's a given.
Many of the World War11 era men had low paying factory, construction, plant style jobs and with that came a wife that did not work and larger families to support, so those men had a bigger burden to hold and in essence did not make the best husbands or fathers because they were just made to feel as PROVIDERS to the home no more and no less...
So what do you think will happen to the value of privately held land if the Feds dumped their supply on the market?
That behavior is mandated by the ERISA law. The draw down will start around 2016. ERISA was crafted when companies realized that unbounded responsibility for defined benefit pensions could not be sustained with extended lifetimes that draw retirement for periods that may exceed the number of years actually worked. Workers that have participated in ERISA based defined contribution programs have been driving up the stock market for the last 25 years. There is about 10 more years before the "bill" comes due. You need to find an alternative strategy to the stock market before 2015.
I'm not. Cut it off now. Stop stealing 15% of my gross income. I'll take care of my self. I frankly never expect to get a dime from SS. I've paid the maximum amount every year for the past 15 consecutive years.
You might be talking about ONE previous generation -- perhaps TWO in some situations.
It wasn't all that long ago (late 1940s to early 1950s) that the "standard" work week was reduced to 5.5 days (Saturday was reduced to a half-day). Before that, most people worked a full six days every week.
I don't take a lunch break. An Atkins bar and a can of Diet Mountain Dew suffice for nourishment as I work away at my desk. I do break for dinner when I'm at home as it is the only time I have to spend time with my wife before she runs off to work.
Me too. I can invest the 15% that is being confiscated and have much more than the government will ever return.
Which generation was young enough to take advantage of it?! Certainly not the "Greatest Generation" or the "Silent Generation". Most people in those generations were already past menopause or suffering hot flashes by 1973.
Typical pass the buck, baby boomer behaviour.
I guess you are an example of age not giving one more knowledge or wisdom.
I suppose, based on your "logic" that if some theif comes in my house and steals my computer that I am perfectly entitled to waltz into your house and steal yours.
Exactly. The Welsh worked 6 day weeks and took Sunday off. They combined access to a bible in Welsh with church activities to conduct "Sunday School" to preserve the language. Having one day off each week was the norm until union types negotiated us into a 5 day week with 8 hours as a 'norm'. The only time I ever experience this 8 hour shift world was as a high school student working in a restaurant to earn money to go to the prom.
The French socialists have cut their work week to 37 hours in the mistaken belief that a shorter work week would generate opportunities for more employees to be hired to cover all the available work hours. All it did was trash productivity.
Very good points you've raised there.
And the intellectuals that are sitting at desks created automation, assembly fixtures, smelting equipment, welding equipment, etc. These devices made the physical labor more productive, therefore increasing its value. Compare the difference between how much steel a blacksmith could produce vs. the amount of steel that can be produced by todays smelting operations.
Yes, they carried a load. I would contend that the load is heavier today. The tax rate is one of the major reasons that 2 incomes are the norm. Now families spend their "free" time doing the domestic work that used to be done by the homemaker. Each member of the family is doing at least the work of 2.
Technology, created by desk sitters (intellectuals), has allowed this to occur. The government punishes us for the advancements.
"I'm not. Cut it off now."
We are in agreement. Maybe I should have asked it differently. Sorry about that. Let me try again.
In your opinion, since the folks getting ready to retire are so well off, why are they generally resistant to SS reform?
HR25, a very interesting proposal that would help a great deal.
"Upon retirement some of these people are getting a $100,000. or more."
That sickens me. How much do I get?
For all the good *Technology* has done, it also has done some bad... Do you think the foods we now injest Mass produced, hormone injected and all, are better than the foods of my parents that could afford to buy organic vegetables, hormone free meats, grain fed chickens?
Houses are built with sub-standard materials now a days.
Electronics, Phones, TV's, household appliances are made to last no more than 5 years if that...
What was produced by a man's hands is now produced by technology, so are we truly better off?
You completely changed the context of the issue with your comment. It wasn't boomers who made the Roe v Wade decision. It wasn't boomers who owned, operated and financed the abortion clinics either. The post 1973 boomers were the first generation that had access to birth control pills and abortions. They do deserve blame to the extent that they availed themselves of abortion instead of raising children.
I didn't "pass the buck". I raised 3 sons. My sister raised two kids as well. We both earn big incomes and pay enormous taxes. You are getting wrapped up in "group think". Castigating a whole generation is as reprehensible as racism. Chronological age is an unchangeable attribute.
Women of my mother's generation were pretty washed up by the time they hit Menopause-Average age 51 years, because Medicine NEVER was developed to address women's health issues..They pretty much gave women hysterectomies in droves, women lost all sex drives which in essense drove husbands to leaving them or indulging in extra marital affairs..
Women look and feel great now in there 40's and 50's and are productive fascinating women now...
So your employer doesn't have a sick leave policy? My employer mixes "sick leave" and vacation time under a single policy. It is earned vacation time. I can take it as paid time off or my employer can pay me a lump sum upon termination. I'm only allowed to accrue a maximum of 480 hours on the books. That would be a gross lump sum of about $28K if I terminated employment. Frankly, it is better to stay on the payroll and take the vacation until it is consumed. You get the same money and maintain your benefits. The lump sum is often taxed incorrectly leaving you with a big sum owed to the IRS.
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