Half of parents still financially support their adult children, study shows
submitted 1 year ago by [deleted] from (cnbc.com)
[–]Zapped 5 insightful - 4 fun5 insightful - 3 fun6 insightful - 3 fun6 insightful - 4 fun - 1 year ago (8 children)
When I pay my taxes, I feel like I'm supporting other's offspring, both adult and not.
[–][deleted] 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 1 fun6 insightful - 2 fun - 1 year ago (6 children)
Doesn't that worry you? Half the nation doesn't work and that's not necessarily the exact same half as this article mentions. We're propping things up on former wealth. Most people today can't afford homes or even most goods and services. I don't see how it's sustainable.
It seems like we're in a huge bubble that's going to pop.
[–]jet199 2 insightful - 3 fun2 insightful - 2 fun3 insightful - 2 fun3 insightful - 3 fun - 1 year ago (4 children)
I think if you count old people, children and stay at home mums as people not working then half sounds about right.
Although maybe we should bring back forcing grannies to knit blankets to earn their keep.
At least it will keep them off of facebook.
[–][deleted] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 1 fun5 insightful - 2 fun - 1 year ago (2 children)
In the 90s if you went outside during the day people would ask you why you weren't at work. When you met people the first thing they asked is what you do. Now there's people out and about not working and it's common place. Nobody asks what you do anymore.
I don't know many people with jobs. A significant amount of people are not covered in the unemployment figures. And who wants to toil away at a job to hand their money over to these "elites" for their bullshit scams like health care and insurance that rip off people who can't even afford homes anymore. That's slavery.
We never stopped being serfs.
[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - 1 year ago (1 child)
I don't know many people with jobs.
What? Lol are you serious?
[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
Yeah. There's a big service industry here but the pay can be so low and the cost of living so high, you lose money going to work after you factor in rent, gas, insurance, electricity, food. And the work is hard. Besides that people are mainly in oil or healthcare that regular people can't afford.
It makes sense why it's happening, but it can't be economically healthy. Because what does this sound like to you (I mean besides maybe bullshit lol), because it sounds to me like a Great Big Bubble.
[–]jostiniane 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 2 fun4 insightful - 3 fun - 1 year ago (0 children)
Although maybe we should bring back forcing grannies to knit blankets to earn their keep. At least it will keep them off of facebook.
You are a fucking genius
[–]Zapped 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
We are definitely going through a cycle right now. I'm going to ask some older people if current trends remind them of the late 1970's when oil prices and interest rates climbed so high.
[–]AntiSemit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
This is why the Dictatorship of the Volk is important.
[–]jet199 5 insightful - 4 fun5 insightful - 3 fun6 insightful - 3 fun6 insightful - 4 fun - 1 year ago (0 children)
It just shows what nonsense the whole "boomers had it easy" narrative is.
When my parents and aunts were coming into adulthood they were still expected to support the family above themselves. There was no way my Grandparents could have had enough money to support their kids into adulthood. Many families would even pull their bright kids out of school and stick them in menial jobs so they could survive. My aunt used to get £20 a week working in a city bank and would hand her pay packet straight over to my Nan who gave her only £5 back. This was the early 1980s.
Now people moan about not being able to buy property but they still earn enough to support 3 NEETs and pay for all their hormone treatment and fetish wear.
[–]grayonenjoyer 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 2 fun4 insightful - 3 fun - 1 year ago (0 children)
Neckbeard generation
[–]SMCAB 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - 1 year ago (0 children)
I'll just say that if they are using 18 as the barometer, it's a bit skewed. Now 22? That's a different story. I can honestly say I'll throw my kid cash at points if he goes to college. Not trying to be contrarion, and I don't disagree with the article and points made at all.
It's more difficult now, housing, jobs, and society in general is more fucked up lol. I am not surprised by this, I didn't leave home until I was 29.
It is extremely expensive to move home.
[–]yabbit 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
based parents
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