Reply to Growing share of childless adults in U.S. don’t expect to ever have children

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you think about, purely from a financial perspective, I am doing way, way worse than my friends who did not have kids (chosen not to or just couldn't because of biology, relationships, circumstances, etc).

It is an interesting thing to see right now since I'm in the thick of it, but US society doesn't encourage having children. If anything, there are economic disincentives built into the economy. No paid leave after having a child, an expensive childcare framework that is regulated to high hell by the government (for safety reasons, is unquestionably a good thing) with no financial support of the government (which people endless dispute as to whether it is shitty or not). Tax benefits are minimal. College savings programs aren't deductible federally and student loan interest is subject to income limits that drive people out of being able to take the deductions. Factor in the caps on SALT deductions (local property taxes pay for schools and surprise, the federal government DOESN'T want to encourage this I guess) and well...here we are. [/quote]

+1. Couldn't agree more. [/quote]

Can we talk about this? Because this time a million.[/quote]

I think this is fine because it's a bad idea to financially incentivize having children. The world is overpopulated, and we can solve labor problems through immigration. [/quote]

Actually, that's not happening because immigration is politically unpopular. Part of the labor market issue (beyond the deaths associated with covid) is that immigration slowed to a trickle during Trump. No workers and here we are...[/quote]

I disagree with you that immigration is politically unpopular; Trump was just a xenophobic asshole who inflicted his hateful beliefs on the US. But in any case it doesn’t matter. The US owes much of its success to being a place where global talent flocks. If we close the borders we will go significantly downhill, plus we need a lot of cheap labor to do the tasks no US-born people will deign to do. Unless you’re fine with your child scrubbing toilets for a living, and will have additional children towards that end? No, didn’t think so. The US was founded on immigration and will always remain reliant on it. [/quote]

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