Small sample size, but I happen to know multiple people in their thirties and forties whose parents continue to fund their 'creative' lives. I can assure you they are not as happy as you think free money might make you.
My Parents Give Me $28k a Year
311–320 of 333 posts
Re: My Parents Give Me $28k a Year
#312Earlier quoted context omitted.
Most of the arguments you refer to are actually thinly veiled racism ("black dads don't care about their kids") and that is the source of antagonism against them. There is more than a little classism behind Obama's remarks, though: he wasn't exactly raised impoverished or by family who were constantly running afoul of a racist, classist "justice" system.
That seems like the most uncharitable interpretation possible of the above person's comment.
Re: My Parents Give Me $28k a Year
#313Earlier quoted context omitted.
It's true that other people have problems, but that doesn't reduce the amount of discrimination against African-Americans and other minorities, or help the problem. An assumption behind the parent's "bet" (no evidence is given) is that discrimination against African-Americans isn't especially problematic. I think that needs to be supported against the mountains of evidence that say otherwise; IMHO, it is like claims…
You think that HN is a hostile place?
Re: My Parents Give Me $28k a Year
#314Earlier quoted context omitted.
Most of the arguments you refer to are actually thinly veiled racism ("black dads don't care about their kids") and that is the source of antagonism against them. There is more than a little classism behind Obama's remarks, though: he wasn't exactly raised impoverished or by family who were constantly running afoul of a racist, classist "justice" system.
Isn't it also racist to hear someone say "fathers need to be parents too" and jump to the conclusion that the speaker is singling out about black men? There are plenty of fathers of all racists who are skipping out on being parents.
If that were the issue, it's not racist. The response isn't based on the speaker's race but on the content. But it arguably could be 'jumping to a conclusion'.
But I don't think it's that either. The comment said that such statements are often thinly-veiled racism, which is true. Racism is infrequently expressed literally; there is a lot of 'dog whistle' communication and policies. For example, there's a semi-famous interview with a Republican strategist who said that, during the Reagan years, they realized they could no longer make outright racist statements, so they adopted school busing as an issue and expected that everyone would get the message - they couldn't outright say, 'you don't want your kids going to school with black kids, and we're the party that will stop that kind of thing', but they could talk about busing.
Today, when Republican state governments take away voting locations in minority areas, and create ID and registration requirements that disproportionately affect minorities, it's pretty thinly veiled. In fact, those are some of the same tactics were used before the Voting Rights Act (the tactics returned immediately after Republicans on the U.S. Supreme Court invalidated parts of the Act). Some Republicans openly say that it's to prevent Democrats from voting.
Re: My Parents Give Me $28k a Year
#315Earlier quoted context omitted.
> Other people seem to think that's charity or a bleeding heart or something. I see it as just [...] I firmly believe that moral virtue and wisdom are inseparable. That is, to behave more virtuously or with more charity (in the old definition) is to benefit oneself more.
How so, and more importantly, how?
Re: My Parents Give Me $28k a Year
#316Earlier quoted context omitted.
That seems like the most uncharitable interpretation possible of the above person's comment.
There's a reason https://en.m.wikipedia.org/wiki/Dog-whistle_politics was coined.
Re: My Parents Give Me $28k a Year
#317Earlier quoted context omitted.
Having absurd amounts of money certainly doesn't make bias go away, but it definitely makes such bias more bearable. I've been subject to numerous indignities due to "shopping while black", I've also gone hungry and had to resort to sleeping under overpasses, the two are incomparable. $28k a year in free money was an almost unimaginable sum to myself and many of my friends, most black but some white, when growing up.…
If/when you have kids, assuming the economy looks roughly the same when they graduate college, would you consider providing them a similar $28k/year stipend if they decided to pursue their goal in the arts/a non-lucrative career? Maybe non-monetary support such as having a place to live with you at home? Or would you want them to learn lessons the hard way?
I have two daughters, who are five and ten years old. I do not intend to pay for their higher education, and I don't intend to give them anything resembling a "stipend" when they go off on their own. Instead, I expect them to build financial independence from my wife and I as quickly as they can, and am very active in making sure they have the skills and character to do so.
Now, that said, we are on track to being able to offer the kind of support in the article. If one (or both) of my children come to me with a plan to pursue college, reasonable projections of how much it will cost, and a timeline that shows a good ROI on that investment, then we'll reconsider. It will be a serious financial decision, though, and one that I expect them to put a lot of thought and planning into. It's entirely possible that my wife and I will simply pay for our children's tuition, living expenses, down payment on a home, or even just buy them a home outright - but any and all financial assistance we provide them will be predicated on one of two things: actual need, or net benefit.
I want my children to understand the weight of the financial decisions they make in early adulthood. I want them to understand and to feel the consequences of those decisions - but they are my children, and I won't let them place themselves in serious danger because of their early mistakes.
I've gone through this myself. I hope my children have an easier time than I did transitioning from childhood to adulthood, but if not, I plan to handle it in a way similar to that of my own parents. In 2004, I had lost a full academic scholarship to a state school and was suffering from clinical depression. I lived in a one-bedroom apartment with my girlfriend (now wife), and my bank account was almost always negative. I worked overnights stocking shelves at a grocery store and my girlfriend was a retail clerk. My parents were there for me - they made sure I had reliable (not "nice", but reliable) transportation, made sure I had a basic cellphone that wasn't always getting disconnected, and were always willing to help make ends meet if there wasn't enough money for food at the end of the month.
From 2002, when I started college, to about 2005, I was barely able to function as an adult. In August of 2005 I married, and started putting my life together. I moved back to my home town in 2006 with a plan to get a career-oriented job at the only decent employer in the area, based mostly on my reputation as a nerd and the fact that I knew many people who worked there, since it was a small town. In 2007 I landed an hourly job there, and worked my way up. We had a daughter in 2008, moved to Virginia for a better job in 2013, had another daughter there, and moved back once more in 2018 to work remotely.
Even today, if I were to experience real financial stress, my parents are there for me. I haven't had to rely on them for many years now, but they're there. I'm 34, and only now am I to the point where I feel like I have an adequate safety net built for myself to withstand a significant event - I see no way I could have built that without my parents' being there for me.
It isn't only about the money. No matter what happens to me or my finances, we will not be homeless as long as my extended family is alive. The opposite is also true; my wife is an only child and her parents are beginning to get to the point in their lives where they're going to need more assistance. I'm taking on that responsibility as I can, and within the next ten years I fully expect that I will be responsible for making sure they're comfortable in their retirement.
To me, this is how families are supposed to work. It's how they've worked for generations. Parents sacrifice to enrich their children's lives, and children do what they can to honor that sacrifice. Extended family is always there to help with immediate issues, whether it raising a barn, helping someone move, or driving someone to a doctor's appointment three hours away. It works, I embrace it, and have made it a central tenet of my life.
Re: My Parents Give Me $28k a Year
#318Earlier quoted context omitted.
No, but other people having $10bn of disposable income increases prices for you. Or if you look over the long term, skews the economy towards producing luxury goods rather than meeting the basic needs of ordinary people.
Pretty sure a guy/gal who has $10Bn of disposable income isn’t buying underwear at Target like me, driving up the price.
Re: My Parents Give Me $28k a Year
#319Earlier quoted context omitted.
If/when you have kids, assuming the economy looks roughly the same when they graduate college, would you consider providing them a similar $28k/year stipend if they decided to pursue their goal in the arts/a non-lucrative career? Maybe non-monetary support such as having a place to live with you at home? Or would you want them to learn lessons the hard way?
I'm not the person to which you've replied, but I've had a similarly privileged young adulthood. I wasn't given $28k/year, but my parents have always been there for me, and have had the financial resources to help me significantly as an adult. I have two daughters, who are five and ten years old. I do not intend to pay for their higher education, and I don't intend to give them anything resembling a "stipend" when th…
What was the turning point for you in deciding to put your life together (if there was one single moment or realization)? Was it getting married and having the responsibility for taking care of your new, young family? It must have been hard to dig out of depression in what probably seemed like a hopeless situation at the time.
Re: My Parents Give Me $28k a Year
#320Earlier quoted context omitted.
How so, and more importantly, how?
Just one example: An awful lot of people are terrified of being around homeless people. They are just sure the homeless are all drug addicts and thieves. If the street isn't full of smelly, desperately poor people with no home, you don't have to live in terror of being panhandled by them while imagining it will go much worse places than that. If I make the world a better place, I get to live in a better place. Simple…
(Or do what I did, and take a job within commute range of a suburb that isn't infested with bums.)