C
CamelJoe
Guest
Immigration is the biggest factor that feives down wages.
I would argue that off-shoring (sending jobs to other countries) is an even bigger factor.Immigration is the biggest factor that feives down wages.
In some or many ways, yes. No fault divorce laws made divorce much easier, essentially negating the marriage vows of permanence and fidelity. Legally, marriage vows are less binding than a home mortgage. Alimony is almost unheard of anymore, so a wife who put in years or decades maintaining a household and raising children is hardly ever entitled to liquidated damages if a husband abandons her for a new model. In legalizing same sex marriage, the state made the state of marriage itself nearly meaningless, breaking with millenia of tradition. Adultery and alienation of affection lawsuits, once common, are no more. They were a way of protecting marriage, now just a quaint history.Open question:
Did America shift from laws favoring the family unit over the business interest to favoring businesses over families?
Yes it is scary. When my wife and I were first married, we lived quite close to both of our families, visited and talked often. I had a job that I hated and with little chance of advancement. I was offered a better job at better pay, but in a different city 3 hours away. We had two weeks to move and for me to start the job, which I had never done before and wasn’t quite sure I could do. We packed up everything into a U-Haul and moved over one weekend into a rather sad threeplex apartment. It was rather rought for the first several years, with no family nearby and knowing no one in town. But the job worked out; we found a great parish, made new friends, and my wife found a job too. We bought a house at a reasonable price. It’s amazing to think of all the wonderful new friends we would never have known had we not made that leap. And we were still close enough to family to go back for holidays.I’m not denying that some may find it impossible to move away…I just think that many don’t want to. It’s scary to relocate.
First, men used to marry down as well as across. The executive marrying the secretary. The doctor marrying a nurse. Etc. That was quite common in my parents’ generation. As part of the trend toward stratification of marriage, men tend not to marry down anymore as that became a surefire recipe for alimony payouts in addition to child support. So if they stick to marrying across to a wife with a similar background then the case can be made that the wife doesn’t need alimony.In some or many ways, yes. No fault divorce laws made divorce much easier, essentially negating the marriage vows of permanence and fidelity. Legally, marriage vows are less binding than a home mortgage. Alimony is almost unheard of anymore, so a wife who put in years or decades maintaining a household and raising children is hardly ever entitled to liquidated damages if a husband abandons her for a new model. In legalizing same sex marriage, the state made the state of marriage itself nearly meaningless, breaking with millenia of tradition. Adultery and alienation of affection lawsuits, once common, are no more. They were a way of protecting marriage, now just a quaint history.
I see the point of targeting modest inflation as it enables continuous adjustment by the markets and avoids the negatives that come with deflation.If it were up to me, I’d aim for a truly stable currency and an inflation rate of zero. But the Fed is more afraid of deflation than inflation, thus their policy of continually devaluing the currency.