Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Families and money. The truth about why they don't go together:

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-27-05 03:46 PM
Original message
Families and money. The truth about why they don't go together:
As in fire and gasoline.

Look at what's going on around you in today's "free market, lovely capitalist" 'sociey'. The rich selling at every opportunity and even other countries ditching the dollar. And the US debt continues to skyrocket. But nevermind that, we know collapse is certain. Let's look at the big dichotomy that the fundies managed to present in one easy-to-buy package despite the incongruous nature of both entities and how they simply CANNOT work together.

Money is evil. Even the Bible says so. Now look at the stress it causes for individuals AND FAMILIES because, thanks to reaganomics (and even before then) one had to go to ridiculous lengths to be employable; and when a field was made obsolete the individual had to find something else or basically DIE.

Now add in reaganomics. Both parents had to start taking jobs in order to pay for everything. Less time together hurts the couple and harms the child as well. You'd think the repukes would have clocked this fact by now. That or they choose to ignore it, which is a far worse thing to do.

Never mind how money stress or the lack OF money leads to DIVORCE.

Repukes talk of hating divorce and demanding we all be in nuclear heterosexual breeding families and also being with the children so they don't grow up to be axe murderers or neocons. So why do they also then allow the corporate rich to screw their employees at the same time while buying/destroying small businesses, which means that anybody WANTING to be independent usually isn't in the end.

</rambling rant on the impossible dichotomy repukes want us all to believe, and how many in the public blindly swallow it all>
Printer Friendly | Permalink |  | Top
NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-27-05 04:18 PM
Response to Original message
1. Middle Class and Maxed Out
Why Middle-Class Mothers & Fathers Are Going Broke

{snip}

Not even a college degree offers insurance anymore. Indeed, college-educated women are 60% more likely to end up bankrupt than less-educated females. That's because educated women often find themselves in financially ruinous divorces from which they can never recover economically. In the 1970s, the average newly divorced woman found 19% of her income to be discretionary. Today, that figure has fallen to 4%.

The book offers a long list of prescriptions, the boldest of which are tax-exemption for all savings and a school-choice voucher system that would pay the entire cost of educating a child, allowing kids to apply to any public school regardless of their Zip Code. The authors also argue for expanded financial assistance for pre-K and college education, as well as more policies that would discourage debt.

The role of personal responsibility isn't shortchanged, either. More and more, you're on your own -- and yet 32% of employees still don't contribute a dime to their 401(k)s. Here, the authors' solutions are the old standbys: Stash away enough cash to support yourself for six months. Max out on retirement savings. Scrape together that old-fashioned 20% downpayment.

But even for families that do everything right, the line between solvency and bankruptcy has never been thinner. One catastrophic medical incident, one job loss, one divorce -- and they may never recover. Despite being courted hard by politicians, there's no such thing as a safety net for the middle class.

http://www.businessweek.com/magazine/content/03_37/b3849034_mz005.htm
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun May 05th 2024, 03:42 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC