Robbery Unveiled
I found an interesting 2001 economic study c/o Carpe Diem which is a snapshot of ongoing generational and gender robbery.
In USA, on average over their lifetime:
A 65 year old man would receive 71,000 more in benefits than he paid in taxes.
A 65 year old woman would receive 163,000 more in benefits than she paid in taxes.
female:male benefit ratio = 2.3
As bad as that is, it gets worse
A 20 year old man would pay 312,000 more in taxes than he will receive in benefits.
A 20 year old woman would pay 92,000 more in taxes than she will receive in benefits.
female:male tax ratio = 0.3
On average, women become net gainers at 45 while men do so at 60!
I would add that women outlive men by 5 years on average so the geriatric population (65+) is majority female (4 women for every 3 men), which means that the aggregate female:male benefit ratio is not 2.3 but 2.3*1.33 = 3.1.
Two things are immediately evident: women, for reasons unknown, have always been getting significantly more benefits than men AND the older generations, men and women, screwed the younger generations over. This partially explains why the young don't respect their elders any more and also why joining the US (or for that matter any nanny state) workforce for a man should rationally only be a temporary segway to explore better options abroad.
In USA, on average over their lifetime:
A 65 year old man would receive 71,000 more in benefits than he paid in taxes.
A 65 year old woman would receive 163,000 more in benefits than she paid in taxes.
female:male benefit ratio = 2.3
As bad as that is, it gets worse
A 20 year old man would pay 312,000 more in taxes than he will receive in benefits.
A 20 year old woman would pay 92,000 more in taxes than she will receive in benefits.
female:male tax ratio = 0.3
On average, women become net gainers at 45 while men do so at 60!
I would add that women outlive men by 5 years on average so the geriatric population (65+) is majority female (4 women for every 3 men), which means that the aggregate female:male benefit ratio is not 2.3 but 2.3*1.33 = 3.1.
Two things are immediately evident: women, for reasons unknown, have always been getting significantly more benefits than men AND the older generations, men and women, screwed the younger generations over. This partially explains why the young don't respect their elders any more and also why joining the US (or for that matter any nanny state) workforce for a man should rationally only be a temporary segway to explore better options abroad.
posted by Davout at 3:05 PM
6 Comments:
Mention "Rob"bery and go figure, Rob shows up!
Good to see you back, Davout!
Excellent to see you, buddy.
I took a break although I had been checking in from time to time to keep up to date. Can't let one's guard down against the feminists, yes?
I don't know how often I'll post from now on but things seem to be getting interesting what with a potential economic crash in the offing, the glenn beck 'awakening' and the imminent democratic collapse in November.
Davout,
I know that the abrupt halt 18 months ago of the www.dontgetmarried.proboards.com forum rubbed many the wrong way. At the time I left the forum open but with no new posts possible.
Two months ago I learned that there are lawyers suing forum owners, bloggers and moderators for reprinting too much of an article in a forum post. The old DGM had 120,000 posts and thousands were reposts of articles.
I simple do not have the time to go through every post, so I locked the forum and I have begun copying the most popular and exciting threads over to www.dontmarry.proboards.com
Our members write about: their avoidance of marriage in America, Marriage 2.0, dating, divorce (some scary stories!), living and working outside the USA, and other relevant topics.
If you would be so kind as to post this link to my forum in your blog roll I would appreciate it.
www.dontmarry.proboards.com
Many thanks in advance.
All The Best,
Lee Raconteur
Administrator
Done!
There is one error in your conclusions. You're under the assumption that at some point the benefits start coming and it's linked to age.
It isn't. It just happens the older people NOW benefit...and are being subsidized by the younger generations.
But those younger generations when the get older...will not have anything. They will have paid for the older people only.
This is why the economy has collapsed. The younger generations are denied opportunities and are also saddled with debt in the form of student loan debt. Student loan debt is bigger than the subprime mortgages ever were and are far greater than credit card debt. We are approaching $1T in student loan debt in the US. The average under 30 year old now usually has graduate education too, and about a 6 figure debt load.
With the way interest is calculated, they will pay back about 2 to 3 times the amounts they borrowed---if they ever can, and on top of that are expected to buy a house, have children, pay taxes and the like. Well...I can guarantee you that these generations will be unable to do those things without some mass reform.
Our nation is doomed because we decided that we will no longer provide opportunities for our youth and will instead scam them and oppress them. No nation that has gone this course has survived.
I am under no illusions that the benefits wont stop in the future. In fact you could make the argument that since the national debt is so high, that all of the current US SS money is part of a gigantic Chinese loan based on trust in the US dollar which really shouldn't even exist but does because the Chinese are so dependent on US consumerism.
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