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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)NO
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2 yr. ago

  • That's a stunning reversal for millions of households during a 12-year period that included economic growth and huge stock gains following the end of the Great Recession.

    Wow, it's almost as if most people don't get any gains from the stock market booming... /s

    For most people a strong stock market only mean, in best case, that they don't lose their jobs. It doesn't have any real positive effect on their wages. When it goes well for companies we're told to not ask for too high salary due to inflation. In hard times were told not to ask for too much to save our jobs.

    The only time we get an increase in salaries is when there's either a lack of skilled workers or when we create an artificial lack of skilled workers through unions and strikes.

  • Say that to the person living in a state without a functional sex-ed in school and/or abortion is banned.

    Or as someone else commented, situations change. Believing that someone can make a plan that is guaranteed to not go awry at any point during the, at least, 18 years they have responsibility for a child is borderline delusional.

    But you still didn't answer the question: Would you save for your pension or feed your kids?

  • Okey, so now we're back in the hypothetical. So you're saying that even if you were living paycheck to paycheck and and had to choose between saving and giving your kids food at the end of the month you would still choose to save?

  • I think that he ment studying photography at college/university and trying to make a living of it. I still feel that any should die from poverty no matter their life choices.

    Good choices only goes so far. How many planed for a war in Ukraine on the back of years of pandemic for instance? People in a good situation right now tend to not realise how large part luck had to do with it.

  • Interesting, didn't know of that possibility. Is it also possible to withdraw just a part and save some "for free"?

    I'm not from the US so the exact workings of your pension system is a bit beyond my expertise 😊

  • Have you ever heard of the just world fallacy?

    You seem to have made some good choices but you don't seem to understand how much luck has to do with the outcome.

    It doesn't take very much to wipe out savings or destroy a plan, especially before you got any funds to handle the unexpected and even more so in the US and it's low de-comodification.

    Get hit by a car by no fault of your own, rack up a high medical bill and be fired due to not being able to work. It's not that an outlandish scenario and one that most can't plan for or have money in reserve for.

    And that's of course even harder for someone growing up in a poor household and working minimal wage jobs.

  • Do you know if they have the economy to actually "loose" 6% of their salary?

    It might be "free money" in their retirement fund but they still have to afford to actually add anything to it.

  • I'm deeply curious what "effort" they are talking about. The article was quite clear that the US just have continued, and improved upon, its long standing tradition of "fuck you I got mine".

    • Moving over the responsibility for pensions on the individual.
    • Increasing the wage gap, and I bet when they say high earners that value is skewed but and low number of very high earners.
    • Tax rules that only help the ones who already are rich.
  • My kids school in Sweden, at least age 6 to 12 have a school day from 8 till 13, or 14 for the older kids, and still no homework.

    But long days would be counterproductive. Learning is hard work, that's part of the reason a new job is so exhausting. Doing that long hours for years would only burn kids out even more.

  • As much as I dislike Facebook I really don't agree with the idea that they should pay for linking to news articles.

    One could flip the argument in article and ask if having a post on Facebook is worthless for the newspapers, then why are companies paying Meta for ads on Facebook?

    I also feel that this goes against the concept of the internet. If Facebook has to pay then why shouldn't I when I'm linking to a page from my blog? Why shouldn't Lemmy?

    The problem for the rest of us is that big companies can handle the payment, and they can handle the admin for getting paid. The rest of us won't get paid but we'll all have to pay. The barriers for entry will only become bigger and only the big boys will be allowed to play.