Duh! Of course not!
That's what food stamps and welfare are for.
It's free money!
Posted on 05/14/2008 6:53:48 AM PDT by rightwingintelligentsia
NEW YORK - The economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses and to seek help from family, friends or charities, according to a survey released Tuesday by the AARP.
In the telephone survey of 1,002 adults 45 and older, nearly four in 10 said they had helped a child pay bills or expenses. Among retirees, one-third said they’d helped their children pay bills. Eight percent said they’d helped a parent pay bills or expenses. The survey’s margin of sampling error was plus or minus 3 percentage points.
One-third of survey participants said they stopped putting money into their 401(k) or retirement account and 14 percent said they had cut back on their medications.
(Excerpt) Read more at msnbc.msn.com ...
A thousand and two Americans with spoiled, slacker children and poor financial planning skills of their own means we’re all doomed?
*Rolleyes*
That doesn’t make for a good Headline, though. ;)
>>In the telephone survey of 1,002 adults 45 and older, nearly four in 10 said they had helped a child pay bills or expenses. Among retirees, one-third said they’d helped their children pay bills.<<
Isn’t that what parents do? Give the kid a little hand up? My parents did it, I’ve even helped my nieces and nephews.
Geez oh Pete, as Judge Judy says, you’re her mother, you’re supposed to do that!!!!
AARP is a blantantly socialist, victim-oriented group of malcontents and misfits that, among other things, demands the end to private gun ownership in the U.S. One of the great con jobs of the past 30 years.
Count me among them. And I have my sh*t together, thank you. I support someone else who is unable to do so, and I have to borrow from a credit card for daily expenses, because I have no other recourse.
Without specifics on what they mean by “help”, these statistics don’t mean a whole lot of anything. Seriously, you could probably ask 1000 people these questions at any time (economic “downturn” or not) and get the same answers. Most people have “helped” their children, parents or other family members at some point, with something. It doesn’t have to mean things are dire.
Wait until they get their carbon cap tax bill.
my generation (ages in 70’s & 80’s) refers to the “boomers” as the “cuddled” class.
my generation (ages in 70’s & 80’s) refers to the “boomers” as the “cuddled” class.
Yes and no. I was brought up to be self-sufficient. When we were younger six weeks after buying a new house, my company went out of business. We had the choice of paying the mortgage or buying food. We paid the mortgage.
A long time later, when my parents learned of it, the situation had resolved and we were doing fine.
My parents were insulted that we did not go to them for help.
The were also very proud of us.
I help nieces and nephews, gladly, if they are hardworking and not feeding their noses.
uhhhhh, isn’t this what families are supposed to do? Ya know, like, helping each other out in times of need?
Intergenerational assistance is nothing new.
When I was young (40 years ago), my parents often contributed to the support of my mother’s father. By the same token, I had one ne’er-do-well uncle who often needed the assistance of his mother and other older relatives.
In my own generation, my mother assisted me in buying my first home when I was in my 20s. My parents assisted both my brothers and my sister with their first home purchases, as well. As the years have flown by, two of us have never needed to ask for help again, but the other two have needed our parents’ help from time to time.
There’s a bit of comfort in knowing that should I falter, my father would be willing and able to provide at least a little assistance in the short term to me and my family.
I expect that when my children are young adults, I will likely lend them a hand. I hope that I’ll manage my affairs as well as my parents did theirs, and thus will be there for my adult children should they ever fall on hard times.
This is how families have always worked, and wasn’t considered so shocking in the times before the era of government-as-ultimate-daddy.
What did you say? Eh? :) My generation is accused of not listening to yours.
“Interesting little snippet - perhaps the adult children in our nation should learn how to live within their means and cut back on the crap they don’t need.”
Now, now, you wouldn’t want to go against Bush’s brilliant economic stimulus plan, would you?
We well know!!
If thats so, youre the ones who “cuddled” us...
But that’s the thing, we help too and this makes it sound like something bad.
I have a nephew who works two jobs to support his wife and four kids. I would gladly send them money to make their bills. The ONE and I say ONE time they asked, sheepishly I may add, I was glad to give.
What’s wrong with it? Nothing.
I think that before you start pointing fingers, you need to walk a mile...
True, some are just garden variety slackers. However, others have been caught offguard by a sudden shift in the local economy.
In my neck of SoCal, the three major corporations are/were Countrywide Mortgage, Amgen, and Blue Cross. If you stay abreast of business news, you’re aware that they all took tremendous hits over the past 18 months. Thousands of employed adults suddenly found themselves unemployed in a geographic region where there are few comparable jobs that pay a living wage. With the high cost of living here, it doesn’t take long to deplete one’s savings account, and have to rely on credit.
I happen to have been caught in that company downsizing crunch, not once - but 3 times in 3 unique industries - during those 18 months. I now earn half of what I was able to command only two years ago - and am fortunate to get it. But, good FReeper that I am, I’m applying for employment in states where the jobs are.
Not complaining. I’ll leave that to the Obama Nation. However, there are reasons people find themselves in adverse financial situations during these precarious times, that have nothing to do with sloth.
Actually I think they want us to turn to the government instead. That’s what this is about.
....this stuff puts a lot of strain on family relationships....I’m almost to the point of not speaking to my sister-in-law over the way she and her spoiled kids have been bleeding my mother-in-law....and my dear old MIL is still working at 72 because they’ve taken advantage of her for so long she doesn’t have enough set aside.
I’m from the government, and I am here to help.....
Excellent post.
It’s a shame how many people here immediately assume that anyone who needs some sort of family assistance or who may have to use credit to pay for necessities is automatically a lazy slacker.
Of course I wouldn’t expect anything else from the holier-than-thou crowd.
What’s wrong with it? Nothing.
Nothing at all! They key is "Hard working". Things go wrong despite someone's efforts...and they surely deserve all the help they can get.
The key words in my value system is "Efforts".
For example, I have a neighbor who is widowed. She tries plumbing repars, wiring, etc..etc, and when she hits a problem, there is nothing I will not do to help her, at a moment's notice. People who try deserve all the help they can get.
If they sit there because they feel entitled, then......Well, we can hope that when their ribs start showing, they will find some motivation.
There are a couple of things that disgust me:
1) "I have kids. they are YOUR problem." Sounds "Hillarian" to me. I am not a village.
2) "I wanna buy drugs that you cannot afford. Party Saturday, and the dealer is gonna break my legs."
(These are real-life personal cases.)
>>There are a couple of things that disgust me:
1) “I have kids. they are YOUR problem.” Sounds “Hillarian” to me. I am not a village.
2) “I wanna buy drugs that you cannot afford. Party Saturday, and the dealer is gonna break my legs.”
(These are real-life personal cases.) <<
I’m sure with you on those!!!!
That why I call it BAARPF.
Duh! Of course not!
That's what food stamps and welfare are for.
It's free money!
“(These are real-life personal cases.) <<
I’m sure with you on those!!!!”
here’s a few personally known to me:
“well, we just felt little Madison really deserved a big vacation” spoken by a couple with $30k credit card debt planning their Costa Rican vacation.
“we wanted to have a really nice Hawaian vacation for the kids”....spoken by parents with $130K in credit card/student loan debt.
“we’re excited about going to the Olympics this summer”....spoken by a couple who had to borrow from family for their daughter’s wedding.
“I just didn’t want my grand daughter to suffer”....spoken by a working grandmother who paid for sorority bills, a Land Rover, a semester abroad, Spring Break to Cabo, cell phone, condo ect.
i love that guy!!! now all i gotta do is go pick up my free money...........
If I ever, ever, asked my parents for money, it would be because I was one step away from living in a cardboard box. There are always other options...I'd go to the government (unemployment, welfare, etc) before I'd go to Mom and Dad.
When I read about the entitlement mentality of my generation, sometimes I get depressed.
The average age of first marriage is about 27 last year, and during the 80s it was 25. If they had their first children around the time they married, many of those kids are only 20 now. If they actually got the younger kid in their 30s, which many American women do, the kids are still in their teens. With more and more young people go to college, they're not stable enough financially even though they work. It shouldn't be surprising then, that many of them still need help to pay bills or expenses.
“Isn’t that what parents do?”
Not responsible ones!
>>Not responsible ones!<<
You mean the self-centered ones, right?
Like my in-laws, worth millions who wanted to charge us 8% interest on a loan when the bank was charging 6%.
I can see looking at the laziness or oft priorities of a loanee, but to call those of us who DO help the younger generation irresponsible shows what kind or person is posting.
Seriously.
>>I’d go to the government (unemployment, welfare, etc) before I’d go to Mom and Dad. <<
So I can pay for it? Thanks.
At least with your parents you would consider paying them back.
My taxes just go up.
You are the kind of person that raises dead beat kids.
As I was taught as was my wife, never hire or loan a relative money!!!!
>>You are the kind of person that raises dead beat kids.<<
Of the children that I HAVE raised, they turned out pretty good. One even works two jobs to support his wife and four kids and has owned his own house since he was twenty.
My biological two are 8 & 10. They have chores to do, keep their own animals and give money to the church from their allowance.
Keep your insults. You have no clue who you are speaking to. However, any person who equates helping the next generation out with being irresponsible is either, heartless, selfish or a boomer. Which are you?
I pay taxes too. Lots of them. Actually, I just finshed a W-4 to adjust my withholding. :-(
Yeah, why not?
Free Money, wooohoooo!
All of us would pay less taxes if we didn’t run to the government.
“...nearly four in 10 said they had helped a child pay bills or expenses.”
Well - count me in on this and PROUD OF IT!!. Although sometimes when I see where my money goes I shake my head. Especially clothes - they just outgrow it so quickly. And the way they drink milk..... (Oh, they mean adult children?)
Lets see, is that the generation that said, gimmie a bucks worth of regular at the pump while driving 4 ton gas hogs?
Your generation where the family could afford a brand new home ON ONE INCOME and pay about $3,500 total cost for the home, the same home where boomers are now paying that much MONTHLY?
The generation where most men worked 25 years at the SAME job, and then retire, while today there is no such thing as a secure job, and both the Dad and Mom must work in order to afford simply things like health insurance?
Ya mean that generation?
A tough mean old bastard of 70!!!!
yes, but my kids were spared and will testify a strict but loving home, but no cuddling, with the exception of their mother. Now they are cuddling their parents, in the giving of TLC.
“while” driving 4 ton gas hogs?
57 Chevies, ramblers, shortbed pickups, etc
Lets see, is that the generation that said, gimmie a bucks worth of regular at the pump while driving 4 ton gas hogs?
Your generation where the family could afford a brand new home ON ONE INCOME and pay about $3,500 total cost for the home, the same home where boomers are now paying that much MONTHLY?
The generation where most men worked 25 years at the SAME job, and then retire, while today there is no such thing as a secure job, and both the Dad and Mom must work in order to afford simply things like health insurance?
Ya mean that generation?
57 Chevies, ramblers, shortbed pickups, etc
Yeah that generation...Terrific response.
Ya see, your generation reaped the best years of America, and didn't even realize it.
Then ya brought us leftist Presidents like LBJ, (born 1908) and his Federal aid to education, war on poverty insanity, Medicare and Medicaid which the political whores eventually looted like Social Security, which many of those you call boomers that paid tens of thousands of dollars into will be lucky to even collect back.
And you got the nerve to call boomers the cuddled class?
Amazing...
p.s. Ive voted every election since I was 21 except for 1952 and voted R for every president. Some other candidates with an R were such sleaze balls I would let the office go without a vote.
Well stated.
You might have the nerve slick, but your facts are f up.
Bad things happen to all of us.
The key is, be proactive - recognize when what you where doing, will no longer work.
Ask for help when you need it, and work to be ready to help in return.
Sounds like you are doing all that. ;)
(The hardest part is the “This ain’t going to work anymore.”)
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