To: fooman
All good points. I think I should explain the disposable income part...
Teens have very little financial responsibility. No credit cards, mortgage, kids, loans, etc. Therefore, any money they do have, is considered disposable. The elderly, on the other hand, have less of a disposable income due to many factors- rent, medical expenses, etc. So, even though the elderly may have more gross income, they have less net than a teen would.
I do think that each generation tends to become more and more dependent on the government to help them. That is one of the problems with this country. Rather than take responsibility for their lives, they would rather the government do it. Sure, there are exceptions. But there are so many other influences that foster a society of dependency. And there are many people to blame for this, but it ultimately belongs to the individual.
Back to the healthcare, just found out that my medical coverage- and all that is offered by my employer- now covers brith control! Amazing. :)
14 posted on
10/26/2002 12:40:13 PM PDT by
rintense
To: rintense
Teens have very little financial responsibility. No credit cards, mortgage, kids, loans, etc. Therefore, any money they do have, is considered disposable. The elderly, on the other hand, have less of a disposable income due to many factors- rent, medical expenses, etc. So, even though the elderly may have more gross income, they have less net than a teen would.
I had a credit card at 18 and financial institutions are on campus blast marketing cards.
This so called disposable income should be saved for college/home and then one would have plenty of assets and no rent by the time they were 65.
My parents MADE us save from our jobs and taught us compound interest. There are calculators on the web that can show the hockey stick, such that a five year old can understand compound interest.
If this so called disposable income ( a misnomer) were saved, people would have plenty of money in perpetuity to buy all of thier healthcare.
Having insurance pay for murder is obviously wrong. 40 million abortions in the us and counting
15 posted on
10/26/2002 12:48:04 PM PDT by
fooman
To: rintense
ping, socialized medicine alert!
21 posted on
10/26/2002 3:13:24 PM PDT by
fooman
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