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The United States Of Adult Children

synthesis March 13, 2021 at 16:59 10525 views 84 comments
Be it the percentage of adults receiving government benefits (over half), the number of young adults (under 30) dug into their parents' basements (again, over half), or the Nanny-state coming into full bloom, the proliferation of adult children in the U.S. is absolutely staggering.

Unless one can achieve financial independence and intellectual autonomy, individuals will always be controlled (from without) resulting in the loss of essential freedoms (a great American tragedy).

Does anybody see anything on the horizon that might indicate a reversal this incredibly disturbing trend?

Comments (84)

schopenhauer1 March 13, 2021 at 17:05 #509844
Quoting synthesis
Does anybody see anything on the horizon that might indicate a reversal this incredibly disturbing trend?


Antinatalism. One less kid born is one less dependent. Peace.
javi2541997 March 13, 2021 at 17:13 #509845
Quoting synthesis
(a great American tragedy).


Good novel. I remember read it in a big book called “grandes maestros americanos” (Great American Masters)

Quoting schopenhauer1
Antinatalism. One less kid born is one less dependent. Peace.


Yes. This is the principle which the future should hold. Less natality less problems. Less humans less conflicts in the world. Scientists say my country will lost 10 million citizens in the next decades because the lack of natality. What a good notice.
schopenhauer1 March 13, 2021 at 17:19 #509848
Reply to javi2541997
Hey, theres some good news! We should all walk hand-in-hand to collectively decide to end this for the next generation. Why is nothingness so reviled? Nothing did nothing to no one. But somehow the fawning over producing stuff and the mythos of the abstract cause of happiness, or some religious sentiment, keeps the dismal fray and suffering going.
javi2541997 March 13, 2021 at 17:32 #509851
Reply to schopenhauer1

Because our educational system is flawed. They do not teach us how to get happiness and self-confidence. It looks like we are forced to live with others. I guess it is just a trap. We can work hand by hand but there are a lot of people who actually wants to have kids because their lives are somehow empty.
Having kinds nowadays is quite selfish
schopenhauer1 March 13, 2021 at 17:43 #509854
Reply to javi2541997
Here is where people will give a litany of why people need to be born to experience life: virtue(wtf?), pleasure, art, music, aesthetics, cause god wants it, cause people just "need" to exist so they can pursue goals and find meaning through struggle, to fill role of X thing, to produce more stuff, technology,laughter, etcetc.
T_Clark March 13, 2021 at 17:47 #509855
Quoting synthesis
Unless one can achieve financial independence and intellectual autonomy, individuals will always be controlled (from without) resulting in the loss of essential freedoms (a great American tragedy).


It's an odd time to be asking this question. My son, who is very independent, is living at home now because he lost his job and career to the pandemic. He's gone back to school. A lot of other people are in the same situation now. The fact that they have families who can help out is a great thing. That's what families are for.

Quoting synthesis
Does anybody see anything on the horizon that might indicate a reversal this incredibly disturbing trend?


I don't see it as disturbing at all.
T_Clark March 13, 2021 at 17:50 #509856
Quoting schopenhauer1
Antinatalism. One less kid born is one less dependent. Peace.


In another post, we were discussing the aphorism "To a hammer, everything looks like a nail." I guess we could retread that as "To an anti-natalist, every problem looks like reproduction."
T_Clark March 13, 2021 at 17:52 #509858
Quoting schopenhauer1
Here is where people will gove a litany of why people need to be born to experience life: virtue(wtf?), pleasure, art, music, aesthetics, cause god wants it, cause people just "need" to exist so they can pursue goals and find meaning through struggle, to fill role of X thing, to produce more stuff, technology,laughter, etcetc.


As usual, you are shanghaiing someone else's thread to propound your.... unpopular theories.
Tobias March 13, 2021 at 17:55 #509859
Quoting T Clark
It's an odd time to be asking this question. My son, who is very independent, is living at home now because he lost his job and career to the pandemic. He's gone back to school. A lot of other people are in the same situation now. The fact that they have families who can help out is a great thing. That's what families are for.


It is a problem if one is not lucky enough to have families. It is an indication that opportunities to begin a life of your own are dwindling, that means those in a loving family might be the least of our worries. People without families lose their jobs to the pandemic too.

Contra synthesis I would say that a welfare state is necessary to reduce independence on the family. I also do not see the reference to 'a great american tragedy', isn't the loss of freedom a tragedy everywhere? Aristotle already knew you need some financial independence in order to be free.
T_Clark March 13, 2021 at 17:59 #509860
Quoting Tobias
It is a problem if one is not lucky enough to have families. It is an indication that opportunities to begin a life of your own are dwindling,


I don't disagree with this, but the phenomenon @synthesis is describing is not relevant to many people living at home right now. They're home, not because they have any problem being independent, but because their lives have fallen apart because of the pandemic. As I've said, that's what families are for.
schopenhauer1 March 13, 2021 at 18:00 #509861
Reply to T Clark
If its actually the root of the problem then yeah.
schopenhauer1 March 13, 2021 at 18:02 #509862
Reply to T Clark
Still an answer.
Dharmi March 13, 2021 at 18:05 #509863
That's the fruit of nominalism. That's what happens when you reject natural law, natural hierarchy and natural authority. Let the dupes, dopes and rubes run the country instead of philosopher-kings.
Tobias March 13, 2021 at 18:20 #509870
Quoting T Clark
I don't disagree with this, but the phenomenon synthesis is describing is not relevant to many people living at home right now. They're home, not because they have any problem being independent, but because their lives have fallen apart because of the pandemic. As I've said, that's what families are for.


Sure and I understand that. There is something inherently problematic about the situation though. It means the familial structure is getting more important as a necessary safeguard, which will also keep people from straying from the family too much, lest they become estranged. So even before they will venture out, they know that they should 'behave'. To that extent I agree with synthesis. It fosters dependence, which was actually exactly the agenda of the rather conservative governments that have ruled the US and Europe since the 1980s. The ideals of discovery prevalent in the seventies have given away to traditionalism. That is not your fault T Clark, I am not targeting you, you indeed do what a loving father does and your children are the better for it, but a social trend that I am discerning.
Tobias March 13, 2021 at 18:20 #509871
Dharmi March 13, 2021 at 18:22 #509872
Reply to Tobias

The United States of Nominalism. The United States was founded by people like Thomas Jefferson, who was a British Empiricist. This is not a secret. And Benjamin Franklin who was an open Satanist. This is just obvious to anyone who reads.
T_Clark March 13, 2021 at 18:26 #509873
Quoting Tobias
That is not your fault T Clark, I am not targeting you, you indeed do what a loving father does and your children are the better for it, but a social trend that I am discerning.


I think I understand what @synthesis was trying to say. As I wrote, I don't see it as a problem, even if we discount any problems caused by the pandemic.
Tobias March 13, 2021 at 18:29 #509874
Quoting Dharmi
The United States of Nominalism. The United States was founded by people like Thomas Jefferson, who was a British Empiricist. This is not a secret. And Benjamin Franklin who was an open Satanist. This is just obvious to anyone who reads.


Interesting how you toss British empiricism and satanism into the same boat.... lol. But even if it is true, so what and what does it say about the problem of freedom and family?
Dharmi March 13, 2021 at 20:47 #509908
Reply to Tobias

It just happens to be true, but that wasn't to associate British Empiricism with Satanism.

Quoting Tobias
so what and what does it say about the problem of freedom and family?


You cannot have freedom and nominalism. If nominalism is the predominant worldview, the only ones who have "freedom" is the money power. If nominalism is the predominant worldview, then family is impossible. There are only atomistic individuals, no community, no tribe, no family, no society.
Tobias March 13, 2021 at 22:33 #509947
The opposite can also be true, if you have only universals you cannot have freedom. By the way freedom is a universal. I do not think metaphysical theories have so much influence. No one is a pure nominalist. And what Benjamin Franklin believes... I have no idea why that is relevant.
Pfhorrest March 13, 2021 at 23:00 #509955
Quoting synthesis
Unless one can achieve financial independence and intellectual autonomy, individuals will always be controlled (from without) resulting in the loss of essential freedoms (a great American tragedy).


Yep, which is why capitalism needs to be abolished, as that is what keeps so many from attaining financial independence.
Banno March 13, 2021 at 23:08 #509957
The demise of the extended family removed the capacity for caring from adults, necessitating that it be invested in social institutions such as schools and nursing homes. But it did not remove the responsibility. When those social institutions go underfunded, that responsibility leads to an overloading of the family, and hence for families to be effective.

The result is apparent in Australia, in an aged care system that was set up to be inadequately funded by the Howard government and is now utterly dysfunctional; in schools that cannot effectively teach students, because they are obliged to solve an ever-growing list of social issues; and will be repeated as the present conservative government looks for ways to defund the NDIS.

It's not capitalism that is at fault. It's simply lack of equity in the distribution of wealth.
Pfhorrest March 13, 2021 at 23:17 #509962
Quoting Banno
It's not capitalism that is at fault. It's simply lack of equity in the distribution of wealth.


That's precisely what capitalism is. Wealth is capital, and capitalism is when capital is held entirely by a small class of people, making the rest subservient to them. If wealth was equitably distributed -- and somehow stably so, so it doesn't just collapse back into few hands immediately -- that would be socialism, the ownership of capital by the people generally rather than a small elite class.
Banno March 13, 2021 at 23:25 #509965
Reply to Pfhorrest Just as there is a separation of church and state, there might be a separation of wealth and state. A few billionaires who had no more say in government than you and I would not be a problem.

But that isn't going to happen.
Pfhorrest March 13, 2021 at 23:38 #509972
Quoting Banno
A few billionaires who had no more say in government than you and I would not be a problem.


Unless the billions of dollars of capital they owned were our homes and businesses, making us all de facto subservient to them if we want access to the things we need to survive, even if they don't have any de jure authority over us.
Banno March 13, 2021 at 23:46 #509979
Reply to Pfhorrest ...so do as the Good Book says, and criminalise usury.
BitconnectCarlos March 13, 2021 at 23:47 #509980
Reply to synthesis

I'd reckon COVID plays a role, and I'd be interested to see how the statistics compare before/after. In any case, nothing wrong with being out of work and receiving bennies today due to the pandemic. If the economy is basically shut down and everyone's been afraid to leave their homes for the past year I don't see the harm in young people moving back with their parents for the time being as long as this trend reverses when COVID rates drop off.
Tom Storm March 14, 2021 at 00:11 #509990
Quoting T Clark
In another post, we were discussing the aphorism "To a hammer, everything looks like a nail." I guess we could retread that as "To an anti-natalist, every problem looks like reproduction."


Nice. And this could be used for any number of beliefs...
Tom Storm March 14, 2021 at 00:11 #509991
Quoting Banno
It's not capitalism that is at fault. It's simply lack of equity in the distribution of wealth.


It's the version of corporate capitalism.
Banno March 14, 2021 at 00:12 #509992
Reply to Tom Storm That's what I said.
Tom Storm March 14, 2021 at 00:18 #509994
Reply to Banno Can I not say it too? In my view in Australia the Hawke/Keating government embraced what was called economic rationalism (now neo-liberalism) which the Howard Government simply took on and ran with. More and more power to corporate interest groups and less power and resources to communities.
Tom Storm March 14, 2021 at 00:23 #510000
Reply to Banno Sure. We need a new everything.
frank March 14, 2021 at 00:24 #510001
Quoting synthesis
Does anybody see anything on the horizon that might indicate a reversal this incredibly disturbing trend?


Climate change.
Pfhorrest March 14, 2021 at 01:56 #510046
Quoting Banno
so do as the Good Book says, and criminalise usury


That is more or less my position, though not criminalize per se but invalidate contracts thereof, without which it has no force. (Also, religious prohibitions of usury usually fail to recognize property rent as essentially the exact same thing, which gives an obviously loophole, which is how medieval Catholic and current Muslim banking operates).

Thing is though that once there’s no way to make money just by owning other people’s stuff and charging them to use it, there’s pretty much no motive to own more than you use yourself anymore, and so no reason to be a supermultibillionaire at all.

Thus through the invalidation of usury we create socialism, by having the state do less rather than more.
baker March 14, 2021 at 05:51 #510123
Quoting synthesis
Does anybody see anything on the horizon that might indicate a reversal this incredibly disturbing trend?

Blondie's third term.
baker March 14, 2021 at 05:56 #510127
Quoting Pfhorrest
Thing is though that once there’s no way to make money just by owning other people’s stuff and charging them to use it, there’s pretty much no motive to own more than you use yourself anymore, and so no reason to be a supermultibillionaire at all.

Of course there is such a reason: safety. Since time immemorial, people have strived to amass wealth in an effort to guarantee as much safety for themselves as possible.
Pfhorrest March 14, 2021 at 06:06 #510130
Quoting baker
Of course there is such a reason: safety. Since time immemorial, people have strived to amass wealth in an effort to guarantee as much safety for themselves as possible.


That’s reason to accumulate savings enough to last you a lifetime, sure. But that is still far less that what billionaires accumulate.
baker March 14, 2021 at 06:22 #510139
Quoting Pfhorrest
That’s reason to accumulate savings enough to last you a lifetime, sure. But that is still far less that what billionaires accumulate.

If you want to be prudent, you need to prepare for everything, including natural catastrophes and the collapse of economy. For this, billions are needed.
Isaac March 14, 2021 at 07:58 #510161
Quoting baker
If you want to be prudent, you need to prepare for everything, including natural catastrophes and the collapse of economy. For this, billions are needed.


Billions would be of no use to you in the case of the collapse of the economy, would they? A gun and the skill to use it would reverse the acquisition of even a trillion dollars in heartbeat in the case of a collapsed system.
Wayfarer March 14, 2021 at 08:05 #510164
Quoting synthesis
Unless one can achieve financial independence and intellectual autonomy, individuals will always be controlled (from without) resulting in the loss of essential freedoms (a great American tragedy).


I recall reading that when Obama stepped in to save the American automotive industry in the aftermath of the 2008 financial crisis, a faction within the Republican Party argued it would be better to let it collapse rather than save it through Government intervention.

Do you think the Republicans were right in saying that?
baker March 14, 2021 at 11:25 #510213
Quoting Isaac
Billions would be of no use to you in the case of the collapse of the economy, would they? A gun and the skill to use it would reverse the acquisition of even a trillion dollars in heartbeat in the case of a collapsed system.

Hence having your own army is part of the billionaire's plan for ultimate safety.
Rich people don't just amass money while living in sheds. They strategically invest in buildings, physical infrastructure, social infrastructure, means of defense etc. etc. that help keep them safe.
synthesis March 14, 2021 at 16:13 #510275
Quoting Wayfarer
I recall reading that when Obama stepped in to save the American automotive industry in the aftermath of the 2008 financial crisis, a faction within the Republican Party argued it would be better to let it collapse rather than save it through Government intervention.

Do you think the Republicans were right in saying that?


Regardless of external conditions, any company that can not remain solvent should be forced into bankruptcy.

Had the government saved no businesses during the pandemic, people would have seen (early-in) just how insane the lockdowns were and policy would have changed.

You MUST allow the system to work.
synthesis March 14, 2021 at 16:22 #510282
Getting back to the point of the thread, you can only have one situation on the ground, either individuals are free agents or groups (corporate-state) have nearly total control. Morphing adults into children (or never creating the conditions for children to mature into adults) is plan A, as fear and dependency are way all systems impose their will.

Is there anything going on in this country now besides fear and dependency?
baker March 14, 2021 at 16:26 #510284
Quoting synthesis
Is there anything going on in this country now besides fear and dependency?

Blondie's third term! He's your savior! Hallelujah!
synthesis March 14, 2021 at 16:30 #510289
Reply to baker Who is Blondie?
baker March 14, 2021 at 16:41 #510295
Reply to synthesis The Donald.
synthesis March 14, 2021 at 16:48 #510297
Reply to baker You need to move on.
baker March 14, 2021 at 16:53 #510299
If at the next elections, Americans will vote for Trump or his children (and chances are, they will), you will be one major step closer to the America you want: a dog-eat-dog country in which every man is on his own.
synthesis March 14, 2021 at 17:02 #510303
Reply to baker How much socialism do you want? Who doesn't want to live in a country where you are free to live up to your potential?

Socialism is about lowering the bar far enough so everybody is miserable.
baker March 14, 2021 at 17:08 #510305
Quoting synthesis
How much socialism do you want? Who doesn't want to live in a country where you are free to live up to your potential?

Socialism is about lowering the bar far enough so everybody is miserable.

False dilemma.

Who doesn't want to live in a country where you are free to live up to your potential?

All one needs to do to in order to live in a country where you are free to live up to your potential, is to reconceptualize "free" and "live up to your potential", so that the new concepts match one's reality, whatever that may be.
synthesis March 14, 2021 at 17:22 #510307
Quoting baker
All one needs to do to in order to live in a country where you are free to live up to your potential, is to reconceptualize "free" and "live up to your potential", so that the new concepts match one's reality, whatever that may be.


Just like the people in the USSR, Communist China, and Nazi Germany had to "reconceptualize" what freedom and living up to your potential was.

No thank you. My wagon will always remained hitched to the traditional conception of American freedom.

baker March 14, 2021 at 18:17 #510332
Quoting synthesis
My wagon will always remained hitched to the traditional conception of American freedom.

By golly, what are you complaining about then??!
synthesis March 14, 2021 at 19:24 #510356
Quoting baker
By golly, what are you complaining about then??!


I am afraid that people like you who desire salvation (from the challenges of life) feel that everybody else must change the way they think in order to feel as desperate as you do.

It's leftist religion. "Save me, save me, save me" (and save everybody else because they're going to have to pay for it).
Tzeentch March 14, 2021 at 20:21 #510372
It's a well-known phenomenon in psychology that people who are treated like children, start acting like children.

And in the case of citizens and governments, I'd say it's an abusive parental relationship.
Wayfarer March 14, 2021 at 21:39 #510389
Quoting synthesis
You MUST allow the system to work.


What 'system'? Laissez-faire capitalism? The 'invisible hand' of the market? Those who can't get by without assistance - leave them to die so 'the system' can return to 'normality'?
Tom Storm March 14, 2021 at 21:48 #510391
Quoting Wayfarer
What 'system'? Laissez-faire capitalism? The 'invisible hand' of the market? Those who can't get by without assistance - leave them to die so 'the system' can return to 'normality'?


:up:
synthesis March 14, 2021 at 23:00 #510417
Quoting Wayfarer
What 'system'? Laissez-faire capitalism? The 'invisible hand' of the market? Those who can't get by without assistance - leave them to die so 'the system' can return to 'normality'?


Capitalism is the only economic system there is. "Communism" is state-capitalism and socialism is capitalism with the profits redistributed.

The bottom-line is that the market (society) does a MUCH better job of making choices that a bunch of bureaucrats that inevitably have their heads up their asses (best case scenario)..
Wayfarer March 14, 2021 at 23:14 #510424
Reply to synthesis There's never been such a place. It's a purely intellectual construct, a castle in the air, a fairyland in the mind of libertarians.
Tom Storm March 14, 2021 at 23:31 #510429
Reply to Wayfarer I agree. Much capitalism appears to be dictatorship by corporations and socialism for the rich.
synthesis March 14, 2021 at 23:32 #510430
Reply to Wayfarer It is what it is and you make the best of it. There is no other economic system (unless you have come up with another one).

In all human (social) endeavor, you do what you can to keep the corruption to a minimum. This will allow for the best outcomes.
synthesis March 14, 2021 at 23:35 #510431
Reply to Tom Storm Yes, it's called political corruption and it is non-discriminatory.

What system would you rather live under, corrupted capitalism, corrupted Communism (ala the USSR) or corrupted Socialism (ala Venezuela)?
Wayfarer March 14, 2021 at 23:36 #510432
Quoting synthesis
It is what it is and you make the best of it. There is no other economic system (unless you have come up with another one).


The system you are scorning IS that system. If, as you suggest, all government intervention and support was withdrawn, the ultra-wealthy, the 1%, would withdraw to their gated estates and private islands, the 'preppers' to their bunkers. The remainder of economy would collapse into anarchy, there would be hundreds of millions of deaths. Just like Venezuala, but on a massive scale.

The worst part is, the so-called 'conservatives' and libertarians, like Rand Paul, are the very people who were prepared to let a narcissist meglomaniac overturn democracy for his own selfish ends. They rail about the 'evils of socialism' but meanwhile turn a blind eye to the obvious corruption of their own elected leader.
Tom Storm March 14, 2021 at 23:39 #510433
Reply to synthesis That's not really the question is it? A false trichotomy.

I would rather a country like Sweden, for all its failings. Or Australia. Mind you I totally recognize there are no utopias.
synthesis March 14, 2021 at 23:43 #510436
Quoting Wayfarer
The system you are scorning IS that system. If, as you suggest, all government intervention and support was withdrawn, the ultra-wealthy, the 1%, woud withdraw to their gated estates and private islands, the 'preppers' to their bunkers. The remainded of economy would collapse into anarchy, there would be hundreds of millions of deaths. Just like Venezuala, but on a massive scale.


My friend, you need to read up on how this economic system actually works. If you do not understand the monetary system, international trade and finance, you cannot understand what has been taking place over the past 50 years. The economic system has been horrible corrupted by political hacks and their overlords.

This happens every 75 years or thereabout so you have to route out the corruption. Capitalism has its flaws, don't get me wrong, but it there's a great deal about the way it works really well with freedom.

Wayfarer March 14, 2021 at 23:46 #510437
Reply to synthesis What you're talking about, what you're criticizing, IS capitalism. The fact that it has become so debt-riddled, so regulated, so corrupted, is 'realpolitik'. You have an idealised picture where everyone is free, nobody has debts, everyone is employed in their rightful occupation. But there's no way the current regime can simply be deconstructed in favour of some idealised, imaginary 'true capitalism'.

BC March 15, 2021 at 00:00 #510438
Quoting synthesis
the percentage of adults receiving government benefits (over half)


Working people pay taxes; they should get benefits. Rich people pay few if any taxes. They should not receive benefits (like tax give-aways). Better yet, just expropriate the to .001%. That's right: Take it all away from the billionaires.

Quoting synthesis
the number of young adults (under 30) dug into their parents' basements


The prime reason for this is the 50-year decline in income (and/or purchasing power) of working class people, and the maldistribution of wealth in the United States. Young adults can not earn enough to set up a home, even in dilapidated efficiencies. Comparison:

1971 - my take-home income: about $100 a week (worked for the RC church--last of the big spenders)
- my rent on a nice efficiency near work: $90 -- that's slightly less than 25% of income.
2020 85% of rental units in the same city are more than the cheapest $700 - 1000 range. To spend only 25% of one's income on rent one now has to bring home $48,000. Young adults might not be able to find a $1000 a month rent

Quoting synthesis
Nanny-state


The United States is the stingiest, least proactive nanny state among G20 countries. It's the most incompetent, negligent nanny that ever was (maybe after the Soviet Union).
synthesis March 15, 2021 at 01:12 #510454
Quoting Wayfarer
What you're talking about, what you're criticizing, IS capitalism. The fact that it has become so debt-riddled, so regulated, so corrupted, is 'realpolitik'. You have an idealised picture where everyone is free, nobody has debts, everyone is employed in their rightful occupation. But there's no way the current regime can simply be deconstructed in favour of some idealised, imaginary 'true capitalism'.


Human social interaction breeds corruption. It is present everywhere, not just in capitalism. So the best you can do it try to control the corruption.

Where did I suggest I have this idealized picture of anything? Look at what happened over the past 200 years and see if humanity is not 100x's better-off.

What is your alternative?
Wayfarer March 15, 2021 at 01:24 #510459
Quoting synthesis
Where did I suggest I have this idealized picture of anything?


When you say:

Quoting synthesis
You MUST allow the system to work.


Quoting synthesis
Capitalism has its flaws, don't get me wrong, but it there's a great deal about the way it works really well with freedom.


Quoting synthesis
In all human (social) endeavor, you do what you can to keep the corruption to a minimum. This will allow for the best outcomes.


You're presenting an idealised picture where the 'real' capitalism or the 'real' free market provides the best outcome for all, lifing everyone out of subservience and into what you present as 'independence'.

Quoting synthesis
Unless one can achieve financial independence and intellectual autonomy, individuals will always be controlled (from without) resulting in the loss of essential freedoms (a great American tragedy).


You're repeating the slogans of economic libertarians, who say that 'the free market' is the panacea to all social ills and that 'government intervention' and 'socialism' are the cause of corruption. It's a thoroughly idealised picture as there's no society in the modern world which actualises the kind of economic model you're striving for. I completely agree that corruption is something that has to be fought at all levels, but, as I pointed out, I think the current political right in the US are far more corrupt than the political left, mainly due to the influence of big money and the complete abandonment of traditional conservative principles under the de facto leadership of Trump.
synthesis March 15, 2021 at 01:26 #510460
Quoting Bitter Crank
Working people pay taxes; they should get benefits. Rich people pay few if any taxes. They should not receive benefits (like tax give-aways). Better yet, just expropriate the to .001%. That's right: Take it all away from the billionaires.


The working wealthy pay almost all the taxes in the U.S. The top .01% might not pay much because of their exotic shelters, but the rest pay it and pay it and pay it....

Quoting Bitter Crank
the number of young adults (under 30) dug into their parents' basements
— synthesis

The prime reason for this is the 50-year decline in income (and/or purchasing power) of working class people, and the maldistribution of wealth in the United States. Young adults can not earn enough to set up a home, even in dilapidated efficiencies. Comparison:

1971 - my take-home income: about $100 a week (worked for the RC church--last of the big spenders)
- my rent on a nice efficiency near work: $90 -- that's slightly less than 25% of income.
2020 85% of rental units in the same city are more than the cheapest $700 - 1000 range. To spend only 25% of one's income on rent one now has to bring home $48,000. Young adults might not be able to find a $1000 a month rent


The financialization of the U.S. economy speaks to a lot to it but look at the spending habits of the young people. They save zip. Spend it on new cars, vacations, $1000.+ cellphones that last a year, on and on and on. Most of these people deserve exactly what they are getting...nothing.

Quoting Bitter Crank

Nanny-state
— synthesis

The United States is the stingiest, least proactive nanny state among G20 countries. It's the most incompetent, negligent nanny that ever was (maybe after the Soviet Union).


Would you be happy if your taxes were 75% if your income instead of 50%? How about 90%? Wouldn't that be wonderful!

The government is NOT your friend.

synthesis March 15, 2021 at 01:30 #510461
Quoting Wayfarer
I think the current political right in the US are far more corrupt than the political left, mainly due to the influence of big money.


Is that why BIG tech, mass media, social media, corporate America, Wall Street, Education, and entrenched government are all on the left?

Who is the political right?
BC March 15, 2021 at 02:07 #510471
Quoting synthesis
look at the spending habits of the young people


I agree: The spending habits of young and middle aged people are very poorly informed. One doesn't need the top of the line cell phone, and -- by the way -- a decent phone lasts a lot longer than a year. A 5 year old phone will usually perform its primary functions just fine,

One of the reasons I could save money on my low-paying Catholic Church job was that I didn't consume much. I covered larger expenses with cash--no credit cards.

Granted: the economy now is not the same as 50 years ago. The value of $1000 in today (or to be precise 2019) would be worth $158.31 in 1972. MEANING $1000 has lost over 6 times its value since 1972.*** Declining or stagnant wages compound the problem.

True: some people are leaving colleges and getting high paying jobs that enable them to live on their own, travel, marry, have children, buy 4 cars (for 2 drivers), and have a mortgaged house full of @crap


*** Inflation Calculator

@crap Crap: A History of Cheap Stuff in America by Wendy A. Woloson. Buy this book and have yet 1 more piece of crap.
Olivier5 March 15, 2021 at 06:34 #510502
Quoting synthesis
Who is the political right?


The neonazis and their leader who almost toppled the US democracy are extreme right. FAUX News too.
synthesis March 15, 2021 at 15:39 #510601
Reply to Bitter Crank People want (the illusion of getting) something for nothing and seem to do just about anything to those ends (including selling-out their kids, parents, you name it).

We have arrived at a place (like in the game of Monopoly) where one player essentially has all the assets and has won the game. It's time to pour all the money, houses, and hotels back into the box-lid and start a new game.
synthesis March 15, 2021 at 15:47 #510603
Reply to Olivier5 You mean the same people who led the great January 6th insurrection that completely changed the course of American history!?

I think they should not only keep all the fences and national guard in Washington, DC. (around the Capitol), but even better, fence off the entire city and then build prison walls around the metro area because this is where all the politicians, the lobbyists, and anybody else who has been destroying our democracy needs to be kept for the next 50 years!
baker March 15, 2021 at 20:20 #510680
Quoting synthesis
I am afraid that people like you who desire salvation (from the challenges of life) feel that everybody else must change the way they think in order to feel as desperate as you do.

It's leftist religion. "Save me, save me, save me" (and save everybody else because they're going to have to pay for it).

*sigh*
*facepalm*

I'm not going to defend things you merely imagine I said or stances you merely imagine I hold.

The fact that you need to resort to such lowly tactics just goes to show that your position has no merit.

You keep whining about big corporations and big government, but you also want people to be free to live up to their full potential.

Guess what? Big corporations and big government are exactly what some people being free to live up to their full potential looks like. It's you who wants the nanny state to protect you from others living up to their full potential.
baker March 15, 2021 at 20:21 #510681
Quoting synthesis
think they should not only keep all the fences and national guard in Washington, DC. (around the Capitol), but even better, fence off the entire city and then build prison walls around the metro area because this is where all the politicians, the lobbyists, and anybody else who has been destroying our democracy needs to be kept for the next 50 years!

See, you don't want people to live up to their full potential! You want to put them into prison for that!
synthesis March 15, 2021 at 21:09 #510703
Quoting baker
Big corporations and big government are exactly what some people being free to live up to their full potential looks like. It's you who wants the nanny state to protect you from others living up to their full potential.


You can do better than this.

Quoting baker
See, you don't want people to live up to their full potential! You want to put them into prison for that!


Ditto.

baker March 15, 2021 at 21:10 #510704
Reply to synthesis You whiner.
ssu March 15, 2021 at 23:58 #510799
Quoting synthesis
Does anybody see anything on the horizon that might indicate a reversal this incredibly disturbing trend?


Economy is the thing that has an effect on Americans.

Just look at the rapid pace how the time shortens for the US to double it's debt. This 1,9 trillion debt package (the ARP) distributed all along will get the Biden administration to... late summer or fall? Again then? (And do note that this is a global phenomenon...at least in the West)

So this year the US is going from 100% debt to GDP to 110% to GDP and then onward:

Federal debt, which recently surpassed 100% of GDP, will approach 109% of GDP in FY 2021, assuming the US Treasury finances part of the upcoming spending from its unusually large cash balance, while general government debt will reach 127% of GDP in 2021, before surpassing 130% by 2023.
See US Stimulus Will Boost Growth at a Cost of Higher Deficits, Debt

You think this will go on perpetually?
Pfhorrest March 16, 2021 at 05:09 #510875
Quoting synthesis
Capitalism is the only economic system there is.


You don’t even understanding what the word “capitalism” means.


There are four things to discuss here, two different distinctions:

- 1. Goods and services being exchanged voluntarily.
vs
- 2. Goods and services being exchanged under the coercion of an authority.

and

- 3. The stuff everyone uses to do stuff generally belonging to everyone.
vs
- 4. The stuff everyone uses to do stuff generally belonging to a small class of people.


1 is called "a free market".
2 is called "a command economy".
3 is called "socialism".
4 is called "capitalism".


People like Adam Smith argued for 1 over 2, and never said anything about "capitalism", but said some things suggestive of preferring 3 over 4 too.

People like Karl Marx argued for 3 over 4, and never said anything about "a command economy", but said some things suggestive of preferring 1 over 2 too.

Libertarian socialists are explicitly in favor of 1 and 3 over 2 and 4, and say that you can't have 1 without 3 or vice versa, because 2 will create 4 and vice versa.

People like you don't distinguish between 1 and 4, and just use the word "capitalism" as though it meant 1 only, when what everyone else is actually arguing against is 4.
Wayfarer March 16, 2021 at 05:48 #510879
*
synthesis March 16, 2021 at 16:22 #511041
Quoting ssu
You think this will go on perpetually?


Eventually, the music stops.
synthesis March 16, 2021 at 16:26 #511044
Quoting Pfhorrest
People like you don't distinguish between 1 and 4, and just use the word "capitalism" as though it meant 1 only, when what everyone else is actually arguing against is 4.


People like me? :)

There an infinite versions of everything, but when it comes down to it, there is one economic system. How different societies choose to manipulate it is what it is, but when you look at the most successful countries (on balance), they had the freest economies and populations that enjoyed the highest standards of living.