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by djtango
1162 days ago
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Lack a source but for many this will be the first generation in a long time where today's new parents will be unable to provide an equal or better quality of life to their children - especially in big urban centers which have seen the full effects of stratification. Space and resources are big weights in a "QoL" function. |
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I make more than my dad did when he retired, yet, if I were to have kids today I could not provide the lifestyle to them that I had as a kid. And he certainly didn't make what he did at retirement when I was a child. If I had a dual income household, there would be the money to do it, but the kids would lose out on something that I considered a crucial part of my upbringing - a full time parent.
But, the perspective here is that I (and many of the people on this site) work in one of the few remaining well paying professions, whereas my dad was in a "well paying" but not "top paying" field.
It just can't be sustainable...