My granddaugter is in her 3rd year at Brown (Full Scholarship +) going for her PHD in Bio/Pharm/etc.
My grandson will start at Electric Boat (General Dynamics) which makes submarines.
My daughter and her hubby are a team...and that's what it takes whether both are working or not.
It’s good to have one parent at home. Two parents working is part of the communists goal of destroying the sovereign family and replace it with State authority. Plus there’s more tax revenue for entitlements. They get a twofer.
My wife and I were discussing this last week. If you are working a lower pay job, commuting, paying for child care and still “broke” then you could come to the conclusion that a job isn’t worth it. I can see many coming to that conclusion over this lock down.
I also think there are some that got a real shock about what is really going on in school.
My wife and I were discussing this last week. If you are working a lower pay job, commuting, paying for child care and still “broke” then you could come to the conclusion that a job isn’t worth it. I can see many coming to that conclusion over this lock down.
I also think there are some that got a real shock about what is really going on in school.
A couple of thoughts....my mother never worked outside of the home & 2 of us boys were raised up & are still living at an advanced age. My wife worked occasionally outside of the home & we somehow managed OK, tho not luxuriously. Then I see both parents working full-time & have a nice home, new car, etc., but if one loses a job, it can get rough... It seems better to get used to a single income & maybe occasionally supplement it with the other spouse working only part-time, but not depending on that income.
Teachers and cops are actually somewhere between overpaid and massively overpaid at this point, depending on the part of the country they live in. So they build wealth by the pensions their unions secured for them sucking the poor suckers in the Dreaded Private Sector, as Howie Carr refers to it, dry.
I don’t think an artificially created Depression makes it clear that families can survive on one income so much as reminds how many mothers, especially, that they would prefer that family structure.
Any wistful dream of a return to a traditional nuclear family as the norm will only last as long as $600 unemployment compensation covid windfall lasts.
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I gave up a very lucrative six-figure attorney job in the early 2000s to stay home and raise (and eventually homeschool) my children. It can be done. The trade off I see now (compared to my friends who stayed in the field) is that all of them have second (beach) homes and live in $1 million dollar plus primary homes. Their children probably have private college funded, where as mine have 2-4 years of state college paid for.
I feel that I made the better investment.
Heck, SURE it’s easy to support a family with only one parent working
- as long as the OTHER one is collecting $800 a week from a government hand-our! Not to mention that any kid over 16 can sign up for the same..
What happens when we run out of OTHER PEOPLE’S MONEY though?
My sister decided to stay home and home school her children when her son was having trouble adapting to the USA public schools in 6th grade. He was being pick on for his overseas ascent constantly to the point where his grades and education suffer. The result of his home schooling enabled him to receive many scholarships.
He just completed a 4-year degree with no debt and was accepted at a major college in genetic research. His master’s degree will cost him nothing and he is receiving over $25K a year while doing research. He plans on doing a PHD while his fiancé pursues medical school. Both were homeschooled and only one parent work. My sister’s family combine income was $45K a year in Ga during the homeschooling.
You do not need both parents working. If both parents are working you are depending on the government to educate (brainwash) the children.
When one of my best friends had her second child she and her husband did some interesting calculations. If she stayed home and they gave up child, the cleaning service and a few other expenses, and they invested in grad school for her husband, his career trajectory would be such that long term they would have more money. They did the same scenario if he were to quit working and she stayed working.
By him not being expected to take time off for a sick child or meet the teacher time, he could focus more on his job. By the looks of what they just did to their house, I think he’s beating their estimates.
Most people don’t think about the trade offs this way. No, he isn’t an absent father, but a person free to focus on earning money at the appropriate times.
First of all, this condition is still new, and many people still have some resources left to help supplement their current income.
Second, it smacks of typical liberalism.
“If you would just live crappier lives, only one person would need to work in your household.”
Yeah, we know.
I think it signals hope for our country. That and the article stating that many are considering homeschooling may be the silver lining in the whole covid mess. I think the only way to have a civilized, reasonably educated generation is for “most” moms to be home nurturing their families. I know it isn’t possible for all, but I believe the past 40 years of majority working moms has created the stressed out families and marriages, distance between parents and kids and general unhappiness of millennial generation.
In a lot of cases, it makes more sense for one parent to stay at home especially with small children. Daycare is crazy expensive, often taking up half or more of one paycheck. The children are cared for by someone who genuinely loves them. There is less pressure on the parent who does the cooking and cleaning and shopping. The other parent can work overtime if available. And plus, the stay at home parent can take in another child or two for extra income.
The banking system is who loves two incomes. Prices have been raised, interest too, to accommodate taking that extra income.
People had savings and vacations and two cars long before two incomes. I think people have less today than before with two incomes.
Taxes are way too high. You cannot afford what you want with one average income.