Also randomly wasn’t this how we lived before pensions?
I suspect you’re making a point here, but I’m not sure what it is.
Remember that the silents were born in an age where unions were far more prevalent. I’m not sure whether that addresses the point you were trying to make, but maybe.
Yep so it sounds like computers and society may be to blame for this? As we’ve moved towards a more individualistic society over the last 100 years we’ve gained a lot of things but being able to take care of our elders appears to have been lost in the fray :\
This will hurt a lot coming up with the low fertility rate and significant amount of older people
and they would certainly not have been left in the streets if they stopped being able to.
as worked out above in my other post they are not living on the street, they’re living an extremely nice first world life that they need to pay for, they could easily cut their expenses down by 1/3rd and still have a better life than most of the planet and in history without the need for any of their children or others having to live with them
In an industrial capitalistic society though, automation just means that the owner class can extract more value without bettering the material conditions of the workforce.
this sounds like you read a wikipedia article on communism and are just pasting it here
they live, clearly, materially better conditions not just in nearly every aspect of the workplace, from safety to tools, to a clearly materially better life in a nice happy retirement village with a nice new car and all the first world modern medicine they need, not the least after they have recently had multiple modern surgeries which have kept them alive to begin with
they blame their situation on a lack of access to personal finance advice:
They grew up against the economic backdrop of the Great Depression and World War II, and learned to be financially cautious after seeing what their parents endured. However, they didn’t have access to the same kind of personal finance advice and tools that are prevalent today.
and i’m pretty sure they’re not planning on moving to cuba anytime soon
I know plenty of people in Canada and Mexico that still work much later than they should have to to support family members. Might not be a problem in more socialist countries but definitely not uniquely an American problem.
Right now, the Hindses take in $4,600 a month from their Social Security, Bill’s pension from a TV station in Connecticut, and Lydia’s monthly wages. Monthly rent for their one-bedroom apartment in a 55-plus development is $1,400, their car payment is $625 a month, their car insurance is $236 a month, and their Medicare combined is $426 a month. On top of that, they have emergency medical expenses, medications, grocery and gas bills, and utilities. They’re left with close to nothing at the end of the month.
The hell is this? 2.1k a month on rent??
Why do they have to pay nearly $1000 a month for a car?? What is a car payment? are they renting a car at extortion rates?
According to this article, average payment is $745 new / $521 used on a 6 year note. So they either have a nicer used car or slightly below average new car.
$1,400 for rent in a managed apartment complex in a US suburban area also doesn’t raise an eyebrow, especially in a northeast state like Connecticut.
Looks like it was just for those who served in the military, what did other people do?
In 1881,[3][4] the conservative German chancellor, Otto Von Bismarck, in a maneuver against Marxists who were burgeoning in power and popularity, announced that anyone over 70 years old would be forced to retire and that he would pay a pension to them
Isn’t that an America problem?
Also randomly wasn’t this how we lived before pensions?
I suspect you’re making a point here, but I’m not sure what it is.
Remember that the silents were born in an age where unions were far more prevalent. I’m not sure whether that addresses the point you were trying to make, but maybe.
yeah like before modern capitalism, how did we live? we just worked until we couldn’t yeah?
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I don’t think they’re arguing for the old ways but rather just wondering out loud
Yep so it sounds like computers and society may be to blame for this? As we’ve moved towards a more individualistic society over the last 100 years we’ve gained a lot of things but being able to take care of our elders appears to have been lost in the fray :\
This will hurt a lot coming up with the low fertility rate and significant amount of older people
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why do you talk in a weird wikipedia style :/
edit: are you using a translator app/website?
from your earlier post
as worked out above in my other post they are not living on the street, they’re living an extremely nice first world life that they need to pay for, they could easily cut their expenses down by 1/3rd and still have a better life than most of the planet and in history without the need for any of their children or others having to live with them
this sounds like you read a wikipedia article on communism and are just pasting it here
they live, clearly, materially better conditions not just in nearly every aspect of the workplace, from safety to tools, to a clearly materially better life in a nice happy retirement village with a nice new car and all the first world modern medicine they need, not the least after they have recently had multiple modern surgeries which have kept them alive to begin with
they blame their situation on a lack of access to personal finance advice:
and i’m pretty sure they’re not planning on moving to cuba anytime soon
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I know plenty of people in Canada and Mexico that still work much later than they should have to to support family members. Might not be a problem in more socialist countries but definitely not uniquely an American problem.
yeah wondering about the special pleading going on here, as i realised above, I’m really not sure about their finances
Most of the world has and to a large degree still relies on relatives to support them when they can’t work anymore
100% this is what i was thinking of, what do people in those countries do if they don’t have children to take care of them?
Some sort of charity. From religious institutions, some sort of alms house etc. Or just beg and die.
The hell is this? 2.1k a month on rent??
Why do they have to pay nearly $1000 a month for a car?? What is a car payment? are they renting a car at extortion rates?
Is this normal in America?
According to this article, average payment is $745 new / $521 used on a 6 year note. So they either have a nicer used car or slightly below average new car.
$1,400 for rent in a managed apartment complex in a US suburban area also doesn’t raise an eyebrow, especially in a northeast state like Connecticut.
So yeah, this is “normal” in America.
That rent is damn good in ct
no its not normal to pay that much per month for a car. these people are being taken advantage of.
I’m guessing (more likely) the car is on payment plan or (less likely imo) it’s leased.
Pensions are a roman invention
https://en.wikipedia.org/wiki/History_of_retirement
Looks like it was just for those who served in the military, what did other people do?
What did they do before 1881? Just keep working?
Usually, they died well before, or lived in wealth from the remaining wealth.