Big thanks to
alobar for posting the text of this excellent article by Jodie Janella Horn.
Excerpt: 'Strapped' for Adulthood
By Jodie Janella Horn, PopMatters. Posted January 3, 2006.
A new book explores the societal and financial reasons that today's twenty- and thirtysomethings are finding it nearly impossible to stay afloat.
I didn't need Tamara Draut to tell me that I'm strapped, but I did need her to tell my mom.
In the five years since I graduated from college, the same argument has arisen again and again. I insist that it's much harder to make a living now versus when she was my age in the mid-'70s. My mom disagrees, and continues to wonder why I haven't taken her advice and purchased a home. I inform her that a down payment on a condo in Los Angeles, where I live and work, would be greater than the sum total of all the money I've made this year. She again tells me the story of how she and my father saved the money for their first down payment while she was a drugstore clerk and he was an oft-unemployed electrical engineer. I tell her those days are over, at least in California, and she doesn't believe me. Repeat as necessary.
This ongoing fight with my mom had reached an all-time high recently because my husband and I have begun to panic about our future. Unless, somehow, we can genetically engineer offspring that needs neither food nor diapers, our hopes of being able to afford a child are not great. In addition to cash flow issues, my job does not provide paid maternity leave, and our insurance doesn't cover much, let alone pregnancy.
As a result of this stress, I have developed a recurring fantasy of taking President Bush, grabbing him by the hair and slamming his face on his desk repeatedly while screaming, "Family values? I'll show you family values. I'm moving to Canada so I can afford to have a family." Hell hath no fury like a lioness without cubs.
(Full article here)
Excerpt: 'Strapped' for Adulthood
By Jodie Janella Horn, PopMatters. Posted January 3, 2006.
A new book explores the societal and financial reasons that today's twenty- and thirtysomethings are finding it nearly impossible to stay afloat.
I didn't need Tamara Draut to tell me that I'm strapped, but I did need her to tell my mom.
In the five years since I graduated from college, the same argument has arisen again and again. I insist that it's much harder to make a living now versus when she was my age in the mid-'70s. My mom disagrees, and continues to wonder why I haven't taken her advice and purchased a home. I inform her that a down payment on a condo in Los Angeles, where I live and work, would be greater than the sum total of all the money I've made this year. She again tells me the story of how she and my father saved the money for their first down payment while she was a drugstore clerk and he was an oft-unemployed electrical engineer. I tell her those days are over, at least in California, and she doesn't believe me. Repeat as necessary.
This ongoing fight with my mom had reached an all-time high recently because my husband and I have begun to panic about our future. Unless, somehow, we can genetically engineer offspring that needs neither food nor diapers, our hopes of being able to afford a child are not great. In addition to cash flow issues, my job does not provide paid maternity leave, and our insurance doesn't cover much, let alone pregnancy.
As a result of this stress, I have developed a recurring fantasy of taking President Bush, grabbing him by the hair and slamming his face on his desk repeatedly while screaming, "Family values? I'll show you family values. I'm moving to Canada so I can afford to have a family." Hell hath no fury like a lioness without cubs.
(Full article here)