4 ms·

My stupid country just went back to pre-2008 levels, and now this. My entire adult life is basically one long period of stagnation.

deleted 7y ago
[deleted]
ipnon 7y ago
The US spends $7 for seniors for every $1 they spend on minors.[0] [0] https://www.brookings.edu/wp-content/uploads/2016/07/1_how_much_isaacs.pdf https://www.brookings.edu/wp-content/uploads/2016/07/1_how_m...
- zaroth 7y ago
  To be fair, they’ve paid a bit more into the system at that point in order to gain those benefits.
  - muricula 7y ago
    Seeing as that minors can't work that's trivially true. The question is, if we underinvest into the next generation will they be able to invest into themselves to the same degree in the future?
    - zaroth 7y ago
      Your link claims we spend ~$8,000 per child. There’s a $2,000 per child federal tax credit. That’s 25% of that number just off the bat. Here’s a link which claims we spend $12,000 per child in 2005 just on education. [1] Based on what we spend on education, which apparently is the second highest in the world... I have a hard time concluding we are under-investing. Keep in mind the majority of spending on elderly is social security, which is a mandatory retirement program that every worker paid into. [1] - https://nces.ed.gov/programs/coe/indicator_cmd.asp https://nces.ed.gov/programs/coe/indicator_cmd.asp
      - muricula 7y ago
        Not my link, different poster. I just chimed in because your comment was kind of silly. Even if that's the case, I'm not sure most Americans are getting the education they need. Maybe that takes even more money, maybe that takes more effective investment of that money, maybe it takes something else. The economic outlook of my generation, the millenials, nearly all hard at work already, isn't looking so hot, and I fear that the next generation's chances look more grim.
- danbolt 7y ago
  I’m not an expert, but I’d imagine that’s related to seniors voting much more reliably than the youth.
  - Ancalagon 7y ago
    Darn those millenials, they shouldn't have had a smaller voting-block, shouldn't have spent so much time in low paying hourly positions with no time off, and should have voted before they were 18! /s
  - CydeWeys 7y ago
    Well, minors can't even vote ...
tathougies 7y ago
This is all temporary though. I don't understand why people fail to understand this. If you are young, there is little to worry about.
procinct 7y ago
What country is that?

deleted 7y ago

[deleted]

ipnon 7y ago

The US spends $7 for seniors for every $1 they spend on minors.[0] [0] https://www.brookings.edu/wp-content/uploads/2016/07/1_how_much_isaacs.pdf https://www.brookings.edu/wp-content/uploads/2016/07/1_how_m...

zaroth 7y ago
To be fair, they’ve paid a bit more into the system at that point in order to gain those benefits.
- muricula 7y ago
  Seeing as that minors can't work that's trivially true. The question is, if we underinvest into the next generation will they be able to invest into themselves to the same degree in the future?
  - zaroth 7y ago
    Your link claims we spend ~$8,000 per child. There’s a $2,000 per child federal tax credit. That’s 25% of that number just off the bat. Here’s a link which claims we spend $12,000 per child in 2005 just on education. [1] Based on what we spend on education, which apparently is the second highest in the world... I have a hard time concluding we are under-investing. Keep in mind the majority of spending on elderly is social security, which is a mandatory retirement program that every worker paid into. [1] - https://nces.ed.gov/programs/coe/indicator_cmd.asp https://nces.ed.gov/programs/coe/indicator_cmd.asp
    - muricula 7y ago
      Not my link, different poster. I just chimed in because your comment was kind of silly. Even if that's the case, I'm not sure most Americans are getting the education they need. Maybe that takes even more money, maybe that takes more effective investment of that money, maybe it takes something else. The economic outlook of my generation, the millenials, nearly all hard at work already, isn't looking so hot, and I fear that the next generation's chances look more grim.
danbolt 7y ago
I’m not an expert, but I’d imagine that’s related to seniors voting much more reliably than the youth.
- Ancalagon 7y ago
  Darn those millenials, they shouldn't have had a smaller voting-block, shouldn't have spent so much time in low paying hourly positions with no time off, and should have voted before they were 18! /s
- CydeWeys 7y ago
  Well, minors can't even vote ...

tathougies 7y ago

This is all temporary though. I don't understand why people fail to understand this. If you are young, there is little to worry about.

procinct 7y ago

What country is that?