XaiJu
Good Ol Boyz
Good Ol Boyz

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Hoisting Jacks and Laying Tracks (ft. metal_gear88)

Hoisting Jacks and Laying Tracks (ft. metal_gear88)

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I do accounting and have a lawn care client. He's about 50/50 on gringos and Spanish speakers. Most of his Hispanics are legit these days, but he there is still a middle ground for just working a couple days for someone. If you pay someone as a "contractor" rather than "employee", if they make less than $600 from you, you don't have any paperwork to file on your end other than keeping receipts or whatever showing that it was a real business expense. But if someone doesn't want to be on payroll, you can still pay them as a contractor, you just have to give them form 1099 at the end of the year, which is like a W2 in the sense that it is telling the IRS, "Hey this guy made x money from me, he better report it on his tax return."

AaronChBurns

Children = game over in the minds of the people I live around. I hear it a lot. I still think things being better would change this for a lot of people, but I think you hit the nail on the head with the GenX cultural attitudes mixed with media thing.

ProfileGuyHeyyyyyy

The birth rate thing is cultural, but the cultural shift was of course driven by markets. The eternal adolescence which the boomers invented and Gen X perfected is now THE American dream. Reality TV and social media have made it universal even in rural backwards places like where I live. People want "experiences" which can be photographed and posted and retold at parties. Economics plays a part - I hired a 23 year old college grad a few years back who was years into a relationship and waiting to get married until she could afford a $10k wedding. The relationship didn't survive long enough to get there. She wanted something that would love up to media images of a beautiful event rather than a rinky dink hick wedding. I've known people who make way more than me and won't have kids because of the expense. (I'm raising 5 on $50k.) But more than that kind of personal finance calculus, I think people just don't want to close off opportunities for "bucket list" experiences, and marriage and parenthood close a lot of doors permanently. The positive aspects of that are just not shown to us anywhere now.

Zebulon


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