Tag Archives: Union

How public sector pensions force children to pay for the prosperity of adults

From the UK Telegraph.

Excerpt:

People retiring from the private sector need to save £250,000 to buy pension income equal to the national minimum wage – currently, £12,646 a year – or a total of £518,000 for a pension equal to national average earnings of £25,900.

These are among many eye-stretching facts in a new analysis of how unfunded promises to pay index-linked pensions to public sector workers are way beyond what most private sector savers can hope to achieve – and how these debts will burden children who have not yet left school.

The Intergenerational Foundation (IF) think tank used freedom of information requests to find out that 78,000 former public sector workers enjoy pensions of more than £25,900; and more than 12,000 get more than £50,000 a year. Three quarters of the latter are doctors and this index-linked income is irrespective of any private work or savings.

While many public sector workers pay into pension schemes, benefits usually outstrip employee contributions and the difference – or deficit – must be funded by future generations. Taxpayers’ total liability for public sector pensions, according to the report: ‘Are Government Pensions Unfair on the Younger Generation?’ is equivalent to £45,000 for every household in Britain and totals £1.2 trillion or £1,200,000,000,000.

An IF spokesman said: “This demonstrates the true scale of pension apartheid in the UK with news that 88pc  of public sector workers are currently entitled to pensions related to their final salaries, which are typically the most generous type of pension, compared to just 10pc of workers in the private sector.”

Don’t be fooled – this sort of thing happens in the United States as well, where teachers and government workers live high on the hog today and pass the bill to their children, who will be forced to pay for it all tomorrow. Is that fair?

Should young people vote for Barack Obama and Obamacare?

The real inequality: young America and old America
The real inequality: young America and old America

From Donald Sensing at Sense of Events blog.

Excerpt:

Shikha Dalmia, responds to Slate’s Dahlia Lithwick, who was so, “Shell shocked by the shellacking that the Solicitor General Donald Verrilli received at the hearing Tuesday, [that] she went into a deep sulk and threw the intellectual equivalent of a hissy fit.” Shikha observes:

In our current health care system, a mix of taxpayers; (rich) hospitals/providers and (even richer) private insurers are stuck with the tab for uncompensated care. There are many problems with this. But isn’t it at least more compassionate than ObamaCare that would force asset-poor young people – trying to pay off their college debt and hang on to some beer money – to subsidize the coverage of relatively wealthier prospective geezers? If maximizing compassion is the issue, shouldn’t we stick with what we’ve got?

In other words, under Obamacare the young overpay for health insurance in order to subsidize the old, whose medical costs are magnitudes higher than those of the young. That is a key feature of the “individual mandate” that makes it mandatory to buy health insurance under Obamacare. I remember reading during the SCOTUS hearings that men and women younger than 30 (or so) average using about $1,800 of health insurance per year, but will have to pay $5,400.

It’s very important to understand that when government gets involved with spending money on handing out goodies, that it is tempting for them to buy the votes of those who are politically informed with the money taken from those who don’t know a thing about real life.

Now consider these numbers from socialist Europe – where Obama’s plan is a little further along.

Excerpt:

Youth unemployment now exceeds 50pc in both Spain and Greece as the number of people out of work in the eurozone as a whole hit a 15-year high of 17.2m.

The unemployment rate among Spain’s under-25s rose to 50.5pc in January, and to 50.4pc in Greece in December, according to the latest available data from Eurostat, the European Union’s statistics office. It compared with an average eurozone youth unemployment rate of 21.6pc. One of the lowest rates of youth unemployment is in Germany, where it remained at 8.2pc in February.

The rise in Spain and Greece reflects the deep financial woes of both countries, which are in the midst of far-reaching and highly unpopular austerity programmes, considered necessary by the broader EU to reduce huge deficits.

Spain’s unemployment rate now stands at 23.6pc, compared with a eurozone average of 10.8pc. The extent of Spain’s problems are further underlined by a housing market in crisis, with prices expected to fall the most on record this year. One-in-four homeowners in the country owes more than their property is worth.

I find it so sad that kids are brainwashed by unionized public school teachers to support nonsense like global warming, while despising free market capitalism. And then they go out and vote for more and more government, so that their “teachers” can be paid more and more. They will never fix their worldviews until they get out into the real world, and by then it they will have voted in many elections.

A feminist explains why she wants to be a single mother by choice

This post appeared on the left-leaning Slate. (H/T Dalrock)

First, take a look at this woman’s background:

I grew up with one parent. My mother raised me with help from her mother.

[…]My grandma, a college professor (herself twice divorced), lived no more than a few miles away throughout my childhood and for a while even lived on the same block as we did. My mom worked as a public-school teacher.

University professors and public school teachers? I sense feminism dominated this woman’s upbringing. And no positive male role models anywhere to be found.

Anyway here’s her thesis:

I’ve realized recently that when I picture myself with my own child, there’s no father in the frame. I imagine it being just the two of us—a team, like my mom and me. Perhaps because of how I was raised and how happy my childhood was, I often wonder whether I wouldn’t rather just have a kid alone.

[…]I feel apprehensive at the idea of sharing parenthood with another person. Having never experienced the traditional family unit, raising a kid in tandem with someone is as difficult for me to imagine as having another set of limbs. I can’t help but think that having a partner there with an equal stake in the matter would complicate the process.

[…]It isn’t conventional wisdom, but in many ways it seems easier to raise a kid alone. Being a single parent by choice would mean not having to deal with another person’s sets of demands or expectations of what child-rearing means. I wouldn’t burden a child with the emotional baggage of divorce or the highs and lows of an unhappy relationship. It would just be the two of us and a supporting cast of extended family.

Note how clearly she rejects men who might want to fulfill their traditional roles:

  • provider
  • protector
  • moral leader
  • spiritual leader

It actually bothers her that a man might disagree with her with respect to parenting.

Now think with me. What kind of man do you think a woman like that chooses in relationships? Does she choose men who have very firm views on morality? Of course not. How about a man who has very firm views on religion? No way. How about a man who tells her that the children would need to be pushed towards careers that will make them independent? Not in a million years. How about a man who thinks that guns are good for self-defense, and that the armed forces do excellent work to protect us? No way.

And I think there is where the problem lies. Far from being helpless victims of selfish men, women today are actually undermining their own mines by preferring men who are not qualified to be fathers and husbands. After a few disappointing and embarrassing mistakes, many of them look at the free money, free health care, free public schools, free food stamps, free this and free that, being offered by the government, and they do exactly what this woman is planning to do. They just can’t be bothered to choose men who can perform the traditional male roles. I have actually seen fatherless Christian women complain to Christian men for being chaste, for not drinking alcohol, for working in well-paid boring jobs, and for having too many strong opinions on morality and religion. The root of these comments is that they don’t want men to lead them. They didn’t have fathers so they disrespect the roles played by fathers.

Now let’s take a look at some data on fatherlessness:

  • Even after controlling for low incomes, children growing up with never-married lone mothers are especially disadvantaged according to standard scales of deprivation.40
  • According to the National Survey of Sexual Attitudes and Lifestyles, children from lone-parent households were more likely to have had intercourse before the age of 16 when compared with children from two-natural-parent households. Boys were 1.8 times as likely (42.3% versus 23%) and girls were 1.5 times as likely (36.5% versus 23.6%). After controlling for socio-economic status, level of communication with parents, educational levels and age at menarche for girls, the comparative odds of underage sex actually increased to 2.29 for boys and 1.65 for girls.
  • Girls from lone-parent households were 1.6 times as likely to become mothers before the age of 18 (11% versus 6.8%). Controlling for other factors did not reduce the comparative odds.59
  • In a sample of teenagers living in the West of Scotland, 15-year-olds from lone-parent households were twice as likely to be smokers as those from two-birth-parent homes (29% compared to 15%). After controlling for poverty, they were still 50% more likely to smoke.65
  • In a sample of British 16-year-olds, those living in lone-parent households were 1.5 times as likely to smoke. Controlling for sex, household income, time spent with family, and relationship with parents actually increased the odds that a teenager from a lone-parent family would smoke (to 1.8 times as likely).66
  • In the West of Scotland, 18-year-old girls from lone-parent households were twice as likely to drink heavily as those from intact two-birthparent homes (17.6% compared to 9.2%). This finding holds even after controlling for poverty.67
  • British 16-year-olds from lone-parent households are no more likely to drink than those from intact households. This is mainly because higher levels of teenage drinking actually are associated with higher family incomes. After controlling for household income and sex, teenagers from lone-parent families were 40% more likely to drink.68
  • At age 15, boys from lone-parent households were twice as likely as those from intact two-birthparent households to have taken any drugs (22.4% compared with 10.8%). Girls from lone-parent homes were 25% more likely to have taken drugs by the age of 15 (8.2% compared with 6.5%) and 70% more likely to have taken drugs by age 18 (33.3% compared with 19.6%). After controlling for poverty, teenagers from lone-parent homes were still 50% more likely to take drugs.69

I consider single motherhood by choice to be child abuse. Not only does it impoverish children, but is puts children into dangerous situations. I think that we need to be clear and persuasive about arguing against women who are so self-centered that they are willing to deliberately expose a child to fatherlessness. We must not enable their poor choices by telling them that what they are doing is OK. It’s not OK.