If you decide to have kids today, you should factor in the cost that they may significant require financial support into their 30s. I know a couple of guys over 40, including a laid-off SWE, living with their parents again.
From my general understanding, those are already the numbers for elite colleges.
I hear complaints about kids that have published research, have started local charities, and have completed most of an undergrad degree already, that they are still getting rejected from top colleges.
But if you make under $200k a year they wave tuition, and over that you start paying a prorated rate until assistance phases out.
Insurance and overhead (eg. safety harass) exist for a reason other than to drain your wallet. Roofing is also a physically difficult job. You won't find many 50+ year old to couch on a rooftop all day, regardless of pays.
This is in general a really bad idea. Not only can you be on the hook if they make a mistake with the install, or mess something up like venting that ends up damaging appliances or plumbing, but if one of them falls off your roof, depending on the circumstances you could be personally liable for their possibly life long medical treatment (or end up in an extended lawsuit as they try to claim that you personally directed their work). Make sure your contractors have insurance.
There was one piece of absolute shithole land I looked at because I was in the process of building a house.
Some dead guy decided to encumber it by requiring me to build a gigantic house if I wanted live there. Reversing it would require something as onerous roughly as getting all people in a 10 mile radius to stand on one foot while reciting the entire bible from memory. Technically possible so it holds up in court as not being a perpetual covenant, but for all intent in purposes was.
You would not believe how much land boomers basically ruined forever when they mindlessly engaged in some wack covenants back around the 80s.
Cut back/tax on legal immigration, tax remittances harder, and penalize those employing illegal immigrants. None of this ICE kabuki theatre is needed.
Obviously this won’t happen because both left & right want immigration.
I have young kids. I don't worry too much about how they're going to afford college education or get a job or afford to retire, because I don't believe college or jobs or retirement will exist in the form it does today. They'll be replaced by systems that actually work in the world that they'll grow up in. My job is to help them survive, and ideally to keep them fed and clothed and housed in the meantime. I'm training them to be adaptable, to think and act for themselves, and to have a good grounding in fundamental skills like reading/writing/rithmetic that I don't think will go anywhere. But the specifics of today's world will definitely be going away, because today's world doesn't work.
Sure there is a lot that can be done online, but that hasn't really impacted the fundamental experience of "going to college" for most young adults who decide to do that.
The college experience hasn't changed much (indeed, if anything it's improved) because colleges are sinking large amounts of money into providing a good experience. That, after all, is what a lot of students base their purchase decisions on. But the point of college isn't to be a 4-year party & vacation, it's to get an education that will help you the rest of your life. Increasingly a college education doesn't help you lead a better life.
[1] https://www.bestcolleges.com/research/college-costs-over-tim...
youre also right that todays world doesnt work
i think weve already moved too slowly in the US to prepare the societal changes were facing and culture is not adapting, but clinging harder to old expectations. i hope US culture shifts, even if its long overdue, but i dont think it will before many more dramatic economic events
[citation needed]
Every. single. "startup" we tried screwed up at least one payroll. Gusto ruined three.
ADP don't miss.
We really should do more tax credit for solar panels and EV credits, I know a doctor that has really struggled to buy his 3rd AirBnB rental.
> That is down from a revised loss of 3,000 in August. Economists polled by The Wall Street Journal had expected an increase of 45,000.
Yikes
sampton•49m ago
mlinhares•40m ago
I'm very smart!
silisili•20m ago
alostpuppy•14m ago
nielsbot•7m ago
> The chair's main responsibility is to carry out the mandate of the Fed, which is to promote the goals of maximum employment, stable prices, and moderate long-term interest rates.
(per Investopedia https://www.investopedia.com/articles/investing/082415/what-...)
chb•7m ago
Hammershaft•13m ago
ipaddr•10m ago