Tag Archives: Depression

New study: Biden’s tax hikes hit 80% of Americans, $6,500 less median household income

These people are all voting for Joe Biden - are you?
These people are all voting for Joe Biden – are you?

This study actually appeared in the Wall Street Journal, but since they have a paywall, I am linking to The Federalist instead. This new study comes from the Hoover Institute at Stanford University. The Biden campaign is claiming that middle-class households won’t feel any effects from these tax increases. But the study is clear. Not only will 80% of Americans pay more, but many jobs will also be lost.

The Federalist reports on the study, which has some very prestigious authors:

A new study shows that Democratic Presidential Nominee Joe Biden’s proposed economic plan would significantly hurt the long-term American economy if implemented.

While many mainstream media outlets claim Biden’s plan will target the wealthy and save the middle-class money, the 50-page study released by the Hoover Institution shows different results.

“Economists have paid too little attention to the economic effects of the Biden plan,” said Casey B. Mulligan, professor of economics at the University of Chicago. “Our report, which focuses on taxation, health insurance, regulation, and energy policy, suggests that these effects are potentially very large indeed.”

The study conducted by a group of financial and economic experts including Mulligan, former Chief Economist of the White House Council of Economic Advisers, and Kevin Hassett, Chairman of the Council of Economic Advisers since 2017, demonstrates how Biden’s plan will hurt everyone.

This is the bottom line: higher unemployment, lower household income for the average household:

“We conclude that, in the long run, Vice President Biden’s full agenda reduces full-time equivalent employment per person by about 3 percent, the capital stock per person by about 15 percent, real GDP per capita by more than 8 percent, and real consumption per household by about 7 percent,” the report stated.

If Biden’s proposed changes are implemented, the economists warn that, according to the Congressional Budget Office’s projections, 2030 may yield “4.9 million fewer employed individuals, $2.6 trillion less GDP, and $1.5 trillion less consumption in that year alone.” The economists also note that the median household income in 2030 would fall by $6,500 despite Biden’s promises to prioritize the middle class.

You’re not going to be immune to this, even if you’re poor:

While Biden and his VP Nominee Kamala Harris previously promised that they will not “raise taxes on anyone who makes less than $400,000,” they have also promised to repeal the tax cuts made by President Trump, which gave 80.4 percent of all taxpayers a cut and 91 percent of the middle quintile a cut.

I don’t like numbers like this. It’s not just that I have to work the same amount for less take-home pay, which reduces my freedom. It’s also that the pressure on “the rich”, i.e. – MY EMPLOYER, causes companies to ship jobs overseas where labor costs are lower. Did you know that higher taxes causes outsourcing of jobs? The more that business owners have to pay, the more likely they are to pick up and move somewhere else – taking their jobs with them.

I don’t like this. It’s hard enough for me to make a living without the government taking more of what I earn. I’ll have to work longer in order to make up the difference – assuming I can even keep my job.

What should we do about the Wuhan coronavirus?

The economic cost of making workers stay home
The economic cost of making workers stay home

I think by now most people have realized that there is an economic cost to shutting Americans of all ages into their homes. If people can’t work, then businesses can’t make money, and they have to furlough or lay off workers. We can’t keep up this policy of making everyone stay home forever – it would lead to another Great Depression. Is there a way to get people back to work?

This article from The Federalist explains, and comes up with a different solution. The author argues that the Wuhan virus is most dangerous to the elderly, and people with pre-existing conditions. And therefore they should shelter in place securely, while the rest of us who are under age 50 keep the economy from sliding into a depression by going back to work as soon as possible.

It says:

Richard Epstein at the Hoover Institution… points out that South Korean data, which is more complete than most other countries’ data, shows huge disparities in risks between old and unhealthy and young and healthy. “Clearly, the impact on elderly and immunocompromised individuals is severe, with nearly 90% of total deaths coming from individuals 60 and over. But these data do not call for shutting down all public and private facilities given the extraordinarily low rates of death in the population under 50,” Epstein writes.

[…]The costs Americans are being forced to bear may be more than is rational to impose. Already one-fifth of working Americans are being laid off and having work hours cut due to not even one week of suspensions.

“[T]he massive curtailments of the U.S. economy can have as many health consequences as the virus itself—if millions lose income and jobs, become depressed in self-isolation, increase smoking, and drug and alcohol use, and postpone out of fear necessary buying and visits to doctors and hospitals for chronic and serious medical conditions unrelated to the virus,” writes Victor Davis Hanson.

What if the real scenario is one of these: 1) We plunge the nation into a depression that kills many businesses and addicts millions to welfare, in a nation that has already pledged more welfare than it can afford for at least the next three generations. Because of this depression, many people die due to poverty, lack of medical care, and despair. Millions more transform from workers to takers, causing a faster implosion of our already mathematically impossible welfare state.

2) The nation quarantines only at-risk populations and those with symptoms, like South Korea has, and ensures targeted and temporary taxpayer support to those groups, goes nuts cranking out ventilators and other crisis equipment such as temporary hospitals using emergency response crews, while the rest of us keep calm, wash our hands, take extreme care with the at-risk groups, and carry on.

Why would the entire nation grind to a halt when the entire nation is not at a severe risk? I would rather have a flu I am 99.8 percent likely to survive than the nation plunged into chaos indefinitely because we pulled the plug on our economy during a stampede.

At the very least, Congress should wait a week or two, while half the nation or more is home, to see how the infection rates look as millions of test kits go out. The worst-case scenario they are predicating their actions on may not be the one we’re facing. Prudence suggests a measured, wait and see approach to policy until we have better information, not chucking trillions of my kids’ dollars out the window “just in case.”

Right now, I think we should expand testing so we understand the problem better, fast-track whatever drugs are known to work, expand hospital capacity, build more N95 masks, build more ventilators, and get people under 50 back to work. This is in addition to proper hand-washing, social distancing and working from home where possible.

The cost of a depression seems to me to be much higher than what is happening to South Korea right now. They have massive testing effort and they are only quarantining people who are at high risk or who show symptoms. That makes more sense to me than shutting the economy down, or pass massive spending bills with bailouts for businesses that should not be shut down more than a month.

New study: switching male and female marriage roles makes both sexes unhappy

Child grabs for his mom, who is leaving for work
Child grabs for his mom, who is leaving for work

Here’s a report on a new study from the UK Daily Mail.

Excerpt:

When females were the main breadwinner in the family, they were discovered to report more symptoms of depression.

However, the opposite effect was found in men: Their psychological well-being was highest when they were the primary wage-earners.

Researchers at the University of Illinois examined data on nearly 1,500 men and 1,800 women, aged between 52 and 60. Their well-being was evaluated through surveys.

The researchers first found that men’s well-being decreased once they had exited the workforce to become home-makers.

Meanwhile, the inverse was not so for women: Women’s psychological well-being was not affected by leaving their jobs to become stay-at-home mothers.

‘We observed a statistically significant and substantial difference in depressive symptoms between men and women in our study,’ says lead researcher Karen Kramer.

‘The results supported the overarching hypothesis: well-being was lower for mothers and fathers who violated gendered expectations about the division of paid labor, and higher for parents who conformed to these expectations.’

If you don’t like the UK Daily Mail, CNN reported on a similar study back in 2014.

Indeed. The trouble is this: who can afford to provide for a stay-at-home wife on one salary, in a country where 30% of your income is taxed, and many things (e.g. – health care, college tuition, etc.) are way more expensive because of socialist welfare state policies? We have a $20 trillion dollar debt, and taxes are only going to go higher, making it that much harder for a working man to provide for a family – no matter how diligent he is about getting STEM degree(s) and working full time, non-stop. Marriages where the woman stays home with the children are happiest for everyone, but thanks to the voting patterns of radical feminists, husbands have been replaced by government programs, and those cost taxpayer money. You can either have a big government welfare state or you can have a stay-at-home wife. You can’t have both.

I got a snarky comment on a post I wrote last week about how marriages where the husband does not work full-time are more likely to fail.

Here is the comment:

Well done.
I’ll now await your follow-up article on the divorce rate for couples where the wife works full-time outside of the home and how men should choose a woman who has demonstrated an ability to do marriage tasks – like taking care of the household full time, raising and nuturing children, being loving and supportive of a husband when times are tough (especially if, God forbid, he should ever find himself unemployed and thus no longer a provider, in which case most wives’ base and visceral impulse is to abandon him), not wanting “a career,” and not insisting that her husband waste all his earnings on fun and thrills for her.

Well, I’m blogging about it again today, but if the commenter were very clever, then he would have found this post from June of 2013 entitled “STUDY SHOWS THAT FEMALE-BREADWINNER MARRIAGES ARE LESS HAPPY AND LESS STABLE”.

Excerpt:

Given these findings, it isn’t surprising that when a wife earns more than her husband, the risk of divorce rises, too. To study this, the authors used a survey conducted in two waves, 1987-88 and 1992-93. (There were no more recent data available for this particular test.) Then they investigated the likelihood of a divorce in the five-year interval. For this sample, some 12 percent of all couples were divorced during this period — a sobering fact about the stability of marriages in general. But the divorce rate rose by half, to about 18 percent, for couples in which the wife earned more than the husband.

When I was a high school student, I can remember trying to decide between being an English teacher, being a prosecuting attorney, or being a software engineer. It was my Dad who pointed me towards software engineering. As an avid stock picker, my Dad was seeing tech stocks exploding in value, and he knew that I would be able to find work even if I was laid off during tough times. I am glad that I listened to his advice, although my career still has not been easy, which is why I saved money for the two times where I was laid off (both times my subsidiary was folded by the parent company!). My reason for going into a field where I could earn more money was because I wanted to get married, have 4 children, and “heal” the experience of being neglected by my mother (who stuck me in day care after 6 weeks and worked full-time until she retired) by watching her parent my kids as a stay-at-home mom. I knew enough to know that marriage works better when the man provides and the woman focuses on the children – at least until they are 6 years old. Since then, I’ve discovered homeschooling, and I would definitely have done that. It’s not that I am opposed to women working, it’s that I am opposed to children not being raised by their mother.

As I explained in my lengthy reply to the snarky commenter, it’s gotten much harder for men to be the sole provider, and have a stay at home wife and homeschooling mom:

Regarding tough times, I think that the situation for men right now is horrible with respect to marriage and children. $20 trillion debt and a generation of unskilled snowflake millenials voting for socialism in droves. I also think that co-ed schools where teachers and administrators are 80% females produce lousy outcomes for boys (read Christina Hoff Sommers’ “The War on Boys”, 2nd edition). Affirmative action in higher education and in the workplace for women doesn’t help men become providers, either. Men also pay the same premiums for health care as women, and yet they use far less health care: more tilting the field against men. And so on, don’t even get me started on divorce courts and child custody.

If you want to do things the old-fashioned way, you definitely need to plan for it. You probably won’t be able to get the outcome you want just by following your heart.

This isn’t the first time that I’ve blogged on studies about male and female roles in marriage. If you want to get good results from your marriage, you definitely want to follow the studies below.

Related posts

New study: switching male and female marriage roles makes both sexes unhappy

Child grabs for his mom, who is leaving for work
Child grabs for his mom, who is leaving for work

Here’s a report on a new study from the UK Daily Mail.

Excerpt:

When females were the main breadwinner in the family, they were discovered to report more symptoms of depression.

However, the opposite effect was found in men: Their psychological well-being was highest when they were the primary wage-earners.

Researchers at the University of Illinois examined data on nearly 1,500 men and 1,800 women, aged between 52 and 60. Their well-being was evaluated through surveys.

The researchers first found that men’s well-being decreased once they had exited the workforce to become home-makers.

Meanwhile, the inverse was not so for women: Women’s psychological well-being was not affected by leaving their jobs to become stay-at-home mothers.

‘We observed a statistically significant and substantial difference in depressive symptoms between men and women in our study,’ says lead researcher Karen Kramer.

‘The results supported the overarching hypothesis: well-being was lower for mothers and fathers who violated gendered expectations about the division of paid labor, and higher for parents who conformed to these expectations.’

If you don’t like the UK Daily Mail, CNN reported on a similar study back in 2014.

Indeed. The trouble is this: who can afford to provide for a stay-at-home wife on one salary, in a country where 30% of your income is taxed, and many things (e.g. – health care, college tuition, etc.) are way more expensive because of socialist welfare state policies? We have a $20 trillion dollar debt, and taxes are only going to go higher, making it that much harder for a working man to provide for a family – no matter how diligent he is about getting STEM degree(s) and working full time, non-stop. Marriages where the woman stays home with the children are happiest for everyone, but thanks to the voting patterns of radical feminists, husbands have been replaced by government programs, and those cost taxpayer money. You can either have a big government welfare state or you can have a stay-at-home wife. You can’t have both.

I got a snarky comment on a post I wrote last week about how marriages where the husband does not work full-time are more likely to fail.

Here is the comment:

Well done.
I’ll now await your follow-up article on the divorce rate for couples where the wife works full-time outside of the home and how men should choose a woman who has demonstrated an ability to do marriage tasks – like taking care of the household full time, raising and nuturing children, being loving and supportive of a husband when times are tough (especially if, God forbid, he should ever find himself unemployed and thus no longer a provider, in which case most wives’ base and visceral impulse is to abandon him), not wanting “a career,” and not insisting that her husband waste all his earnings on fun and thrills for her.

Well, I’m blogging about it again today, but if the commenter were very clever, then he would have found this post from June of 2013 entitled “STUDY SHOWS THAT FEMALE-BREADWINNER MARRIAGES ARE LESS HAPPY AND LESS STABLE”.

Excerpt:

Given these findings, it isn’t surprising that when a wife earns more than her husband, the risk of divorce rises, too. To study this, the authors used a survey conducted in two waves, 1987-88 and 1992-93. (There were no more recent data available for this particular test.) Then they investigated the likelihood of a divorce in the five-year interval. For this sample, some 12 percent of all couples were divorced during this period — a sobering fact about the stability of marriages in general. But the divorce rate rose by half, to about 18 percent, for couples in which the wife earned more than the husband.

When I was a high school student, I can remember trying to decide between being an English teacher, being a prosecuting attorney, or being a software engineer. It was my Dad who pointed me towards software engineering. As an avid stock picker, my Dad was seeing tech stocks exploding in value, and he knew that I would be able to find work even if I was laid off during tough times. I am glad that I listened to his advice, although my career still has not been easy, which is why I saved money for the two times where I was laid off (both times my subsidiary was folded by the parent company!). My reason for going into a field where I could earn more money was because I wanted to get married, have 4 children, and “heal” the experience of being neglected by my mother (who stuck me in day care after 6 weeks and worked full-time until she retired) by watching her parent my kids as a stay-at-home mom. I knew enough to know that marriage works better when the man provides and the woman focuses on the children – at least until they are 6 years old. Since then, I’ve discovered homeschooling, and I would definitely have done that. It’s not that I am opposed to women working, it’s that I am opposed to children not being raised by their mother.

As I explained in my lengthy reply to the snarky commenter, it’s gotten much harder for men to be the sole provider, and have a stay at home wife and homeschooling mom:

Regarding tough times, I think that the situation for men right now is horrible with respect to marriage and children. $20 trillion debt and a generation of unskilled snowflake millenials voting for socialism in droves. I also think that co-ed schools where teachers and administrators are 80% females produce lousy outcomes for boys (read Christina Hoff Sommers’ “The War on Boys”, 2nd edition). Affirmative action in higher education and in the workplace for women doesn’t help men become providers, either. Men also pay the same premiums for health care as women, and yet they use far less health care: more tilting the field against men. And so on, don’t even get me started on divorce courts and child custody.

This isn’t the first time that I’ve blogged on studies about male and female roles in marriage. If you want to get good results from your marriage, you definitely want to follow the studies below.

Related posts

Debunked: study claiming shorter lifespans for gays caused by discrimination

Gay activist vandalizes pro-marriage sign
Gay activist vandalizes pro-marriage sign

In the New York Post, Naomi Schaefer Riley writes about a study used by gay activists to bully those who disagree with their agenda.

She writes:

The headlines were unsparing and unambiguous. “Anti-gay Stigma Shortens Lives,” wrote US News & World Report.

“Anti-Gay Communities Linked to Shorter Lives,” said Reuters. “LGB Individuals Living in Anti-Gay Communities Die Early,” according to Science Daily.

Two years ago, these stories were hard to ignore when Columbia professor Mark Hatzenbuehler found that gays and lesbians who faced prejudice in their communities had a life expectancy 12 years shorter than those who lived in more accepting areas. Just so we’re clear, that’s bigger than the lifespan gap between regular smokers and nonsmokers.

We always knew prejudice was bad, but an Ivy League researcher had found that there were significant effects on the physical health of those experiencing it.

But where, one might wonder, were the headlines when another researcher tried to replicate Hatzenbuehler’s effects and came up empty?

Last month, Mark Regnerus, a professor at UT Austin, published an article in the journal Social Science and Medicine that concluded that “ten different approaches to multiple imputation of missing data yielded none in which the effect of structural stigma on the mortality of sexual minorities was statistically significant.”

In other words, Regnerus tried seven — er, 10 — ways from Sunday to try to get the same results as Hatzenbuehler using the exact same data, but failed. Which means, he concluded, that “the original study’s . . . variable (and hence its key result) is so sensitive to subjective measurement decisions as to be rendered unreliable.”

This isn’t the first time that a study authored by a gay activist has run into evidential problems.

That story was reported in the far-left Politico.

They say:

One of the authors of a recent study that claimed that short conversations with gay people could change minds on same-sex marriage has retracted it.

Columbia University political science professor Donald Green’s retraction this week of a popular article published in the December issue of the academic journal Science follows revelations that his co-author allegedly faked data for the study, “When contact changes minds: An experiment on transmission of support of gay marriage.”

[…]The study received widespread coverage from The New York Times, Vox, The Huffington Post, The Washington Post, The Wall Street Journal and others when it was released in December.

The equally leftist Washington Post is even more forceful – calling the data a complete fake.

Excerpt:

[…]…[W]hat really happened was that the data were faked by first author LaCour. Co-author Green (my colleague at Columbia) had taken his collaborator’s data on faith; once he found out, he firmly retracted the article.

Ironically, LaCour benefited (in the short term) by his strategy of completely faking it. If he’d done the usual strategy of taking real data and stretching out the interpretation, I and others would’ve been all over him for overinterpreting his results, garden of forking paths, etc. But, by doing the Big Lie, he bypassed all those statistical concerns.

But the real issue is whether the negative health (and mental health) outcomes of homosexuality can be attributed to the lifestyle itself. The gay activists want you to believe that disagreement with their choices causes the negative effects. But the science shows the opposite: even in countries where there is no “stigma” against homosexuality, the unhealthy physical and mental outcomes persist.

Life Site News reports.

Excerpt: (links removed)

While many assume that family rejection is the leading cause of depression among LBGTI individuals, a new study has found that in fact the problem appears to stem predominantly from the higher incidence of relationship problems among homosexuals.

Dr. Delaney Skerrett led a team of researchers from the Australian Institute for Suicide Research and Prevention (AISRAP) in studying suicides in Queensland. He found that a leading cause of suicide among “lesbian, gay, bisexual, transgender, and intersex” (LGBTI) people is stress from their romantic partners.

“We tend to assume that the psychological distress LGBTI people are often going through is due to family rejection. But it seems that’s not so much the case. The conflict seems to be largely related to relationship problems, with partners,” Dr. Skerrett said.

[…][T]he study, which was published on April 2 in Asia Pacific Psychiatry, found that “LGBT individuals experienced relationship problems more often” than heterosexuals, “with relationship conflict also being more frequent than in non‐LGBT cases.”

That confirms previous studies finding that homosexuals also face higher rates of intimate partner violence than heterosexuals. A 2007 study in the Journal of Urban Health, which is published by the New York Academy of Medicine, found that 32 percent of homosexuals have been abused by at least one partner during their lifetime.

The researchers with AISRAP also found that a higher percentage of homosexuals took their lives [out] of despondency, rather than other psychological illnesses. While one-eighth of all Queensland suicide victims had been diagnosed with a psychosis that impaired their judgment, Skerrett reports “there were no such diagnoses among LGBT individuals.” The conclusion adds to the consensus that depression disproportionately besets active homosexuals.

Maybe the problem is with the person who is making the bad decisions, and not with the people who disagree with the bad decisions?