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Unsteady income in young adulthood linked to thinking problems in middle age

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Re: Unsteady income in young adulthood linked to thinking problems in middle age

#21
post #3

The article acknowledges that the study does not show causation and it seems a little strange to think a causal arrow in this direction is more plausible than the other direction. It seems like people who do better at thinking and memory tasks should also do better at their jobs and interviews and therefore be less likely to experience an income drop. To speculate on income drop's effect on mental acumen one would wa…

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Re: Unsteady income in young adulthood linked to thinking problems in middle age

#22

Earlier quoted context omitted.

Sure, eating flour mixed with water is cheaper than vegetables. But I don't think people do that. Instead people wrongly think fast food is cheaper than home cooked food. Not sure your point of "no money for good food" Source- calories and protein and vitamins per dollar Edit- fast food is not necessarily faster. Carrots and protein shakes are faster than waiting in line for example.

>Instead people wrongly think fast food is cheaper than home cooked food. Fast food is cheaper than home cooked food when you factor in time & mental effort. Cooking at home requires skills that many people do not have.

This this this. It's all well and good cooking and prepping etc when you're in a comfortable house and have stocked kitchen space to yourself at home, but when you realise that a lot of people eating out every day don't have access to space in a kitchen that isn't busy with the four other people they live with, that don't get home until 7pm at night and have to leave at 7am in the morning to get to work etc, and you realise that unless cooking is your hobby in those situations you wouldn't have time to decompress after work and make a nutritious meal and also prep lunch for the following day etc.

Yes weekend meal prep is a thing too - but freezer space is at a premium in shared households and there's always the threat of a roommate or family member taking the food for themselves.

Re: Unsteady income in young adulthood linked to thinking problems in middle age

#23
post #8

Poverty harms children. It's possible it harms young adults as well. The sooner we dismiss the notion that we need the poverty to motivate us to work and adopt some form of basic income, the better. It might be cheaper too than current system when you consider all the harm that poverty does to economy and workers.

Malnourishment harms anyone, and severe malnourishment at childhood harms a lot https://www.project-syndicate.org/commentary/child-nutrition... but mostly in poor countries.

A nice variant of basic income is minimal tax return when everyone gets tax return proportional to a small percentage of the total tax collected past year. This would allow to gradually reduce other forms of social payments, without introducing arbitrary fixed values for the amount of basic income.

Re: Unsteady income in young adulthood linked to thinking problems in middle age

#24
post #18

Cue the "I was from a poor family and I got into Stanford, everybody should be able to it" from people who don't understand how life, statistics, outliers, and relative effort required (for a middle/class rich kid playing in "easy mode" to succeed, versus a poor kid playing the "extra hard mode"). People who confuse what's possible but 10x more difficult for some income groups/backgrounds, to be the same as being equ…

Absolutely. But it is great for the extremely rich to be able to point to the few new e.g billionaires each generation as examples that anything is possible and if you are not then you must be lazy.

Re: Unsteady income in young adulthood linked to thinking problems in middle age

#25
post #18

Cue the "I was from a poor family and I got into Stanford, everybody should be able to it" from people who don't understand how life, statistics, outliers, and relative effort required (for a middle/class rich kid playing in "easy mode" to succeed, versus a poor kid playing the "extra hard mode"). People who confuse what's possible but 10x more difficult for some income groups/backgrounds, to be the same as being equ…

I’m not sure what that has to do with the article.

If you read it, the study starts at age 23 and only measures relative income drops.

Re: Unsteady income in young adulthood linked to thinking problems in middle age

#26
post #18

Cue the "I was from a poor family and I got into Stanford, everybody should be able to it" from people who don't understand how life, statistics, outliers, and relative effort required (for a middle/class rich kid playing in "easy mode" to succeed, versus a poor kid playing the "extra hard mode"). People who confuse what's possible but 10x more difficult for some income groups/backgrounds, to be the same as being equ…

As anecdotal evidence from my high school class the people who had it easier did not become as successful as people who had it harder by their 40s. This might be pretty unrepresentative but the level of motivation was very different.

Re: Unsteady income in young adulthood linked to thinking problems in middle age

#28

Earlier quoted context omitted.

>Instead people wrongly think fast food is cheaper than home cooked food. Fast food is cheaper than home cooked food when you factor in time & mental effort. Cooking at home requires skills that many people do not have.

This this this. It's all well and good cooking and prepping etc when you're in a comfortable house and have stocked kitchen space to yourself at home, but when you realise that a lot of people eating out every day don't have access to space in a kitchen that isn't busy with the four other people they live with, that don't get home until 7pm at night and have to leave at 7am in the morning to get to work etc, and you…

seems like people need to enter a 'team' mindset, where you share cooking duties with roommates etc.. trying to help each other pull themselves out of poverty. ofc this is 0.1% likely to happen, but when it does, i think it would work.

Re: Unsteady income in young adulthood linked to thinking problems in middle age

#29
post #18

Cue the "I was from a poor family and I got into Stanford, everybody should be able to it" from people who don't understand how life, statistics, outliers, and relative effort required (for a middle/class rich kid playing in "easy mode" to succeed, versus a poor kid playing the "extra hard mode"). People who confuse what's possible but 10x more difficult for some income groups/backgrounds, to be the same as being equ…

This is an important point. I came from a less well off family in Scotland and when younger considered many of my peers to be lacking intelligence or ambition in life. Then a while ago I dated a girl also from that town and got an insight into just how lucky I was. It never occurred to her that she could possibly go to uni until the last month of school (despite being one of the most intelligent people I've ever met) whereas my dad and godmother explained it and encouraged me when I was 10. We might have had similar-ish circumstances in many ways, but just a few early role models made us vastly different in our views of what was possible.

You may think people have lots of opportunities but that's not useful if they're not aware they have those opportunities.

Re: Unsteady income in young adulthood linked to thinking problems in middle age

#30
Note that peer groups have a lot to do with thinking problems in general. If you are poor or broke and hang out with poor or broke people, your thinking will be different.

Also, people tend to hang out with other people making roughly the same as them, which compounds the problem.

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