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For most of American history, having children was considered part of the dream: a family, a house, and the hope of building something better for the next generation. But ask Generation Z, and you’ll hear a different story.
At the dinner table the other evening, all three of my children in their 20s talked about the possibility of not having kids and why. It broke my heart. But, more young adults are saying, "I don’t want kids." And their reasons tell us something very important about where America is headed and the real financial realities of today’s world.
It’s the Money, Plain and Simple
Raising kids has become brutally expensive in this country. The U.S. Department of Agriculture estimates it now costs over $300,000 to raise a child to age 18 – not counting college, which can easily tack on another six figures.
Who made it that way?
The generations in front of Z, of course. That is, in all probability, you and in every case those currently in political power on both sides of the aisle.
How did health care go from 4% of GDP to 20%, an acceleration of five times and thus you now have a risk of being completely destroyed financially -- including any other children you may have -- if you have a kid and something goes wrong? You did it. You let them do it or you actively participated in it if you're employed in that field. All of it is illegal, by the way, because 15 USC Chapter 1 says that differential pricing between states, payment methods (e.g. "what insurance you got?") and nations is a felony violation of the law and everyone involved in said medical system should be rotting in prison right now because each and every one of them is personally involved in and profiting from it. The Supreme Court has twice ruled these practices illegal 40+ years ago yet nobody is ever prosecuted for it and you let them keep doing it.
Were we to stop that cost would collapse and, suddenly, that factor would be removed inhibiting couples from having kids.
Why did housing get so expensive? Many reasons, all of which come down to pigheadedness and "profit" (really theft by force) schemes run by people swinging money around and in the financial industry with political sanction behind them. Who is that again? Its not those who aren't old enough to be in that industry and politics, right? Ok, its back to all of us. "I want mine now damnit and I don't care if my kids get screwed."
"Ok Pops, you got yours, but I ain't making no grands. That's the price of your decisions over the last 30+ years. BTW when you can't wipe your own butt anymore I hope you got lots of money 'cause I'm not helping after being kicked in the face by you and Mom."
A large part of the problem could be solved right here: https://market-ticker.org/akcs-www?post=231949. Note the date it was written, along with the implementation schedule in the second part linked at the bottom of the first.
But nobody will take any of that on, will they?
Not even you Ted, because you know full well that if you did, and if we forced the government to simply enforce the law including 15 USC Chapter 1 and 8 USC 1324 asset markets would collapse in price.
So do you want a next generation or a higher stock market and house prices -- or even the prices that exist today?
Yes, those really are the options and time is up on making a decision.
