This is a two part blog entry regarding how to fix our rigged economy despite 200 or so detractors at every avenue of every corner at both the micro and macro economic chess game. Enjoy.
Recently, I was at an ACL lab here in town waiting to have a routine blood panel. It’s been about four years since I have been to my family Doctor. I’ve been relatively healthy outside of a cold virus here and there so I have had no reason to go. This changed about two weeks ago when I got a letter from my doctor reflecting my noted absence. Being a proactive individual (yet a habitual procrastinator) I figured it would be a good time to go and get a check-up.
So, a week later, there I am surrounded by CNN and an orgy of magazines. As I work my way through the titles I stumbled onto this Time Magazine cover-story, entitled:
This article was penned by Liza Mundy, whom also wrote the book: The Richer Sex: How the New Majority of Female Breadwinners Is Transforming Sex, Love and Family.
Now, it wasn’t until the last page of this piece before I realized it was from March 26, 2012 (mornings after a 12-hour fast is cruel and unusual punishment to this 6-1 235lb frame). With that being said, the article brought up a great point: women are becoming more assertive in the work force and in board rooms all across the country. And me being of the freedom of choice mindset; god bless.
Although the article did a decent job of pointing out the gains of women and the subsequent natural losses of men; I felt a bit empty inside however after finishing it up. This could have been due partly to my empty/gurgling stomach but nonetheless, it made me think and ask myself; while this is obviously great for one sex, is this really great for America as a whole? Are we all really 'better' for it? The short answer, I would say is this: it’s complicated. The long answer... its even more complicated.
On the surface, superficially, it’s obviously great. Nobody should be not hired based on anything but the ability to live up to, if not exceed, expectations of said job. Now, from a true Libertarian mindset this could get complicated because business owners should be able to decide what’s best for their business regardless of what is considered 'fair' but that’s another topic for another day.
What you and I consider to be the ingredients for functional/prosperous economy is always going to be different. From my viewpoint it’s simple. Sound money, home ownership, strong middle class & strong families are a cornerstone to a strong, free economy for all. We can scratch sound money off the table (thank you Federal Reserve, complicit banksters, elected and unelected political whores). What about Home ownership? We have seen that to a mixed bag at best, especially of late.
How about strong families?
According to this article, in 1960, five-percent of children were born to unmarried mothers; in 2010 there was 41%. Now social factors have to be taken into account. For example; people do not always marry before or after having children today, when in 1960 it was culturally looked down upon to not be married before hand. With that being said, the numbers are staggering. In the black community alone those numbers of children born to unmarried mothers are almost in the seventy percentile (67%).
Once these baby’s are born, more times than not, they are sent off to some form of childcare and with more and more women having children unmarried; it’s often out of the home in the hands of strangers.
May Saubier who authored: ‘Doing Time: What It Really Means To Grow Up In Daycare’ says in her book:
“A baby who spends five years at one center will lose one-third to almost half of her caregivers every twelve months or so.”
Not only do you lose the one on one relationship that comes with one parent at home to classes with sometimes a 10-1 child to caregiver ratio you also have to factor in the fact that 40+ hours a week that baby is out of the home not bonding with loved ones. If it wasn’t for weekends, you would have strangers raising a child as much as the parent(s).
This is not to say having your child in childcare outside of the home makes you a bad parent. Without work and income there is no stability. However, to say its “good for everyone” as the author of this Time article suggests in the subtitle, is incredibly shortsighted.
There was also an English study, released in 2009, that centered around 12,000 British schoolchildren. The study determined: mothers who worked full-time had the unhealthiest followed by those who worked part-time. The study published in the Journal of Epidemiology and Community Health went on to state that:
“Currently, approximately 60% of women with a child aged five or younger in the UK or USA are employed. For many families the only parent or both parents are working.”
Now you might look at this study and say what does 12k students in England have to do with the 315 million people here in the states. Statistically the sample size is small but I would also think, just based on common sense, that a parent in the home as opposed to a parent not in the home just works better. It would more often than not, lead to better choices all across the board.
There was also a revelation regarding Head Start, which is primarily a low income based program for pre-school aged children. A Congressional mandated study of the Department of Health and Human Services (that fund Head Start) found that there was no benefit to the program for kids. In fact, in some cases it was actually a negative influence. But don’t allow those facts get in the way of this 8 Billion dollar job’s program. Don’t take my word for it either; this column by Mary Katharine Ham (Hotair.com) neuters this failure quite efficiently enough.
Do we see a connection yet?
We have more and more mothers not marrying at alarming rates. However, we still have a healthy birth rate. We also have more women entering the workforce, more so than ever before and the kids home alone or in daycare are at a sided disadvantage versus kids with one parent who is always at home. Yet, it’s said to be “good for everyone”? I must confess, from the kid’s standpoint – I would emphatically disagree.
Part 2 tomorrow centering on the economic impact.
Part 2 tomorrow centering on the economic impact.