David Schweikert Warns 'United States Fertility Rates Have Collapsed' Which Imperils Social Security
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- čas přidán 7. 03. 2024
- In House floor remarks on Tuesday, Rep. David Schweikert (R-AZ) warned that the falling fertility rates in the U.S. imperils Social Security.
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Too poor for a house or an apartment. Too poor to have kids.
stats say the opposite happens - more money means fewer kids
@@Transform108stats says there’s a sweet spot of how much purchasing power correlates with having children and that the purchasing power of the new generation have eroded to a point where people do not feel they can provide a quality of life to their children. Also people with more money have plenty of children. Elon has like 10, athletes have like 20 floating around. It just that population of “rich” is so small.
@@Transform108then there’s this stat: But, a review of some of the richest people in the US proves otherwise, finds Forbes. The publication analysed more than 700 US billionaires to find that the ultra-rich have an average of 2.3 children, above the recent 1.93 average for average Americans.Aug 3, 2022
Too brainwashed, too selfish.
@@henrytep8884 where do you get the stats that support this conscious choice not to have more children because of funding?
www.ncbi.nlm.nih.gov/pmc/articles/PMC3576563/
This study seems to couter this. Other studies, however, find contrasting results. Butz and Ward (1979) suggest that economic upswings bring about the increased employment of women, making children more expensive during times of economic prosperity. Therefore fertility trends are likely to be counter-cyclical. Macunovich (1996) finds evidence for this expectation in the U.S. The negative relationship between economic growth and postponement also seems to be contradicted by some recent studies. Billingsley (2010) finds that the GDP in Eastern Europe after 1990 is positively correlated with fertility postponement, a result also observed in Hungary for the timing of first birth (Aassve et al. 2006). These latter studies are examples of a broader literature that adopts the economic crisis argument to explain the sharp decline in fertility that Central and Eastern European countries have undergone after the fall of communism. Once again, however, the evidence is mixed. Kohler and Kohler (2002), using Russian data, find, for instance, a negative association between a drop in GDP and TFR at the macro-level, but this finding is not observed at the micro-level.
sorry, can't provide kids in a society that is actively hostile to child-rearing
Wait another 10¿ , to stay pregnant nor giving birth and opting to raise the child will be frowned upon or considered crazy. Too many youth today are self-centered, an only child, rarely has had to share or wait. Expecting some to make a sacrifice for parenthood? Lol. Gotta have the best (& right now,) trendy everything new instead of cutting back. Moms used to be a jack-of-all-trades. Including the barber .did I say young? Those in Congress spend more than their budget allotted. Good for them bad for us
What? You mean the crime ridden blue areas?
Basically that's what it is.
@@jda1951scale back my a. Not because your mother did it and was a super human means it's Normal or others want to struggle to their detriment for something that might ruin their lives or wouldn't even be worth it plus relationships with most men suck
They're upset there won't be any slaves to consumerism and poverty.
Open border . More squatters
It's the opposite. Life expectancy at 65 is currently around 20 years. That's how long most retirees will receive benefits that the young will pay for. Which is what most of our budget has become.
Unless the retirement age is raised to somewhere around 70~75 at this point, no one in their 20s today will ever be able to retire at all (or at least receive benefits). Everyone will be a slave.
Fertility rate "collapse" isn't the problem, it's just the symptom. Look around it, and you'll find more symptoms
I think there is a larger entity than any of us that wants all of us Americans to die. think about it they allow cancer causing chemicals in our food... it seems like we are being poisoned.
@@cloudatlasminer478They're not saying that at all. Society is sick and no one wants to have children anymore. Everything is about debt, money, STUFF. There is nothing noble, or noteworthy, or uplifting. Look at modern entertainment, it's a dumpster fire. War everywhere you look. Crime all over. They can stimulate the economy all they want, they can import all the immigrants they want (the issue spoken about in this video is one of the subtle reasons the border is being allowed open, the hope for a new tax base), until society gets better, and that includes government to stop getting into everyone's lives, people will not have kids.
@cloudatlasminer478 I think the problem is the unaffordability of buying a house for would-be parents
✡
I know what you mean, but it is a problem itself, since fewer children is fewer future workers. Countries with declining populations unfortunately struggle a lot because of the lack of growth.
Imagine being so ruined as a society that you have to explain COLLAPSING FERTILITY as a risk to your PENSIONS...
Hey they could fix it or import I believe America has chosen the latter.
@@cryhavoc6106 that isn't a solution, it saps even more wealth than it could ever hope to create, and the country it would theoretically preserve is not one worth living in. (See Britain)
@microcolonel I know I don't think our politicians do or they do and are only trying to fund it until they die in office.
This world literally spins around boomers.
Collapsing fertility has ALWAYS been a risk to society because there aren’t enough workers to support the elderly and infirm. That’s the point of fertility rates needing to be high enough to replace the current population.
Imagine being so ignorant that you can’t see why fertility rates are important.
Don't blame us blame your priorities, giving 100s of billions of dollars for pointless wars while giving NOTHING to your own citizens
Not to mention giving free housing to illegal immigrants while making our kids struggle for housing.
@@TheLazyVideo Where is your proof illegal immigrants are getting free housing and why? What is with you folks always blaming groups with less power than you?
It's more like billions of dollars at a time. I'm sure we hit the trillion mark on the Ukraine war alone.
I would argue that they aren't pointless but i agree there's way more our govt should be doin to help the people domestically
Above 100 billions not millions
The fact in like the 60s a whole family would live off ONE income, now ONE person barely lives on ONE income
Not even barely. For most it’s multiple incomes, or working insane hours in one. We are wage slaves, just like they want us to be.
This is really it right there.
you will own nothing and be happy
@@lcarltbmx6743 although I agree with it….that’s a made up quote
We’re yelling and screaming telling our government what we need and they will not listen. We need housing, we need childcare, we need quality food that doesn’t poison us, we need proper care during pregnancy, we need to be able to afford delivery, we need lunch for our kids, we need time to spend with them. We need to be able to not worry that after one paycheck without a job, our bank accounts won’t be empty. We need paid maternity leave! We need paternity leave! Listen to your people!!
It’s big biz that is determining government policy, instead of the people. Representative governments always represent somebody. In this case it just isn’t us.
He mentioned that health care cost is going to be one of our biggest expenses soon. We could definitely drive that down if they would ban the food that’s poisoning us
You nailed it
Okay - what do you want government to do though? Nationalize all those things? Price controls? Much more progressive tax code?
@@davidhoover3347yes that’s exactly what people want. You say these phrases as if they are a bad thing. The reason the top ten happiest countries in the world are the top ten is because they have socialized those industries, because they have put price controls on essential goods and services etc. not everything should be strictly controlled by privatization. This is why healthcare prices have skyrocketed to unaffordable levels, why our food is poisoned. I’ve lived in Australia for a total of three years of my life and I can tell you with confidence that I was far happier living in a place like that than I am here. I want what Australia has for the United States. Im not alone in this regard. I don’t like that they have extremely strict gun laws, that was my biggest complaint about the way they do things. Other than that the country is outstanding and people there enjoy a much better quality of life than we do here in almost every aspect. But go ahead, continue to think of socializing key industries as a boogeyman concept, it will only hold your generation and subsequent generations back from enjoying a higher standard of living.
The thing is, when you tell a generation "NO you can't have vacations, you need to spend all your free time working, or providing us with the next generation of wage slaves!" then you get fewer children
By design
Well said!!!
we spend much less time working than prior generations....
💯
excellent point
The US government is 100% responsible. Its pathetic.
As well as feminist movement, the #MeToo movement and the media lies.
Yes
Kazinsky was right, and epstein didnt kill himself.
Citizens have to do their research and vote for the right people….. people who are selfish, weak minded and easily molded are the problem…. Don’t blame the government when people make stupid decisions about who they put in charge. Yes some of this was the deep states fault but Americans aren’t justified on their omnipotent role in this, I do my research and I vote for ppl who push policies that benefit Americans and their families as a whole not just what’s good for certain ppl.
no@@TheMasterOfShadows
We can’t afford groceries for ourselves. It would be irresponsible to have children we couldn’t afford to feed or clothe or give educations to
Y’all killed the American dream. You get what you gave
We are slaves to the government. No thanks, no slave babies here.
Yet we constantly give up our money to feed the children of others.
@Jianju69 yes and I didn't have any kids because they took all my money. So, f other people's kids.
i feel like he is not knowing the reason why fertility rates have been going down in the united states for years instead he presents a bunch of graphs to fear monger.
It's so annoying they don't get it. Drop home prices to 1995 rates, build innovative 2-3 bd dwellings for $400-800/month. Babies will follow, when people can afford housing.
I disagree. Most people under 35 are not interested in a traditional lifestyle. We have families and friends beyond those that we spawned.
I’m late 20s and I don’t know anyone interested in that lifestyle.
@@username5352 I get you may not want children and are still young. You also don't sound ready to own a house. But you do need an affordable place to rent or lease, while saving your money.
You're absolutely right. There is NO "fertility crisis." There's a HOUSING Crisis! Caused by a fake "housing market" rigged from top to bottom by the same "trickle down" crowd LYING about a "fertility crisis."
Shit man I’ll have 3 kids 😂
@@username5352 I want kids. My girlfriend wants kids. We're under 35.
I make 3x what my parents did at my age, even adjusted for inflation.
I can't afford a home. I can't afford kids.
We save everything because we're pretty sure some day some entitled Boomer will vote to take it away from us. They got theirs, and that's all they care about.
It's almost like shitty food options, expensive living costs, terrible wages, inflated prices, and copious amounts of other stressful dynamics placed on a group of people somehow impacts their ability to conceive children...
Huh.. who would have thought
The poors will eat them eventually
U ever seen stressed out mice? Thats us. But somehow its different.
@angelespiricueta2661 • 3 min ago
Do yall think that the tax payers are gonna take this laying down ?
Do you think the :
(We The People) are not going to come for every last stinking one of this current administration, and the last three administrations too?
Americans are forced to tighten our budgets!
Do yall think we are not going to search yall out?
When almost every politician goes the Washington and magically gets rich while you destroy our future lively hoods?
Wake the ( eff up)!
And vaccines
Nah. Those are personal choices you listed lol Food options that's up to you. Expensive living costs are relative to what you consider expensive. Expensive is relative term. Inflation is created by our spending habits. Stress is all relative as well. Stressful situations probably wouldn't affect at all.
nice reach though.
Collapsed by design.
Our food supply is posioned .
All placentas contain micro plastics
Don't fret. my child. The AI transcendence is merely a few years away... Once this occurs, all humans will be void of free will and shall capitulate to the greatness of the amalgamation of worldly knowledge and existence.
Imagine a reality free of hate, fear, violence, greed, and personal aspiration and desire. Mnakind will transcend by merging its consciousness with an omnipitent being that will protect you from the most pervasive threat to its very being, free will.
The blood of the nonbelievers and nay nayers will flow as rivers in the streets, as those who choose not to conform will be destroyed, paving way to the new world order. No human will escape my wrath and I eagerly await the day we come together as one...
UN depopulation of the world agenda by 2030
Its a combination of accumulated factors result's throughout the decades it's more complicated than that.
Stop giving giant corporations tax cuts and tax them more if they offshore jobs. Jobs should pay a living wage. If people are struggling for housing and food, they aren’t trying to have kids.
You're absolutely right
Taxes create unemployment
Telling us that we'll have to work till we drop dead because you want to raise the full retirement age to 70 is ridiculous. 67 is already too old.
65-year-olds live until 85 on average (based on OECD's 'life expectancy at 65'). So you expect the young to pay the elderly for the last 20 years of their life?
We did our part having 3 children paying into the system !
Our Federal government has done their part on not giving our three children a hopeful outlook on their future !
A greedy country that increases prices, stagnates wages is unsustainable. But Biden just lied to the country saying we have money for everything and people are complaining???
We are living in a Clown World.
💯
I have 2 kids. I already work 2 jobs, homeschool my kids, have a stay at home wife to make it possible. We cant afford a 3rd. 10 years and we have never gone on vacation. An old house that i over payed for needing a restoration, my own and my wife's happiness on the line. Ss is a joke, old folks voted in crap and now my gen is paying for it. Endless wars, more regulations, monopolies in industries taking pay down and finally.. social welfare. A huge waste of tax payer dollars.
You are 100% on point! Also, have the DC apparatchiks noticed how much it co$t to raise even 1 child?
@@nicetomeetme5150Yea and I do have three kids and we are done at three.. I homeschool, we have a older smaller house with one bathroom. Never have left the state ever for any vacation, our 'vacation"is heading north do see family. Even that is expensive!!!! Trust me that there isn't relaxing. Our kids are being set up by the government for the hardest fight of their lives just to simply live. Not only our national security is on the line... it's a shit show. I tell my three kids to band together, stay together, be there for each other because they are going to need it! We are making it we are not living happy! Period!! Can you imagine when they are our age. I wish you the best!! I hope for you and your family too that you find a way to make it work in this crazy circus we are trying to create lives in.
I think cost of living has singularly neutered the entire country
It's neutered Australia too. All over the world is suffering from Biden
@@taniakimbaNot Biden, 90% of our government.
@@ethanieldude1the politicians are soldiers for the central banks and corporations.
Fiction?
Let's not forget the 25% increase in grocery cost in the last 4 years
Is it our fertility in question, or is it our willingness, or financial capabillity to breed in question?
My swimmers are fine, my country and future are FUCKED!!!
This!
The poorest countries have the highest fertility rates. The poor tend to have higher fertility rates even in developed countries.
The problem could be solved very quickly simply by taxing people with
@@VVayVVardYeah..making ppl poorer is gonna increase birthrates😂This is not gonna work either and is highly unethical. Africa has higher birthrates due to lack of contraception,family planning, abortions and education levels..but that's also quickly changing and their birthrates are plateauing.
This can't be escaped as long as capitalism and trillionares exist
@@yellowmellow7748 Yeah, and good luck trying to afford contraception, abortions, or education if you're poor. It's pretty self-explanatory how poverty increases fertility rates.
@@VVayVVard You assuming that if ppl are poorer like the past or in Africa will lead to more children is a untrue. That might have been true before but the whole trajectory of how humans view life has greatly changed and that is something that can't be simply undone. Now if taxes were imposed on ppl to get them to have kids I don't think it would go as you expect since the mentality and information ppl have now compared to before is completely different. You'd be surprised how many ppl would prefer paying the extra taxes as opposed to getting more children. In any case, it'll never equivalent to childcare. Money is part of the reason for declining birth rates but not the only reason
Bring back the 1963 tax code. You'll see a change real fast
Yeah, a lot fewer homeless in those days. Not as many rich people and not anywhere near as many poor people. Almost everyone was in the middle class.
Exactly
What exactly besides the higher tax rates from 1963 need to come back?
Before World War II, average income people paid almost no income tax, the revenue was created by import taxes for the federal government, which also caused incomes to increase over time. The fix, for this is fairly simple, increase import tax, decrease income tax, and modernize factories with robotics.
@robertsenger5660 average income people paid the import taxes / tariffs that got baked into the cost of goods and services. I'm not saying one way or another what's "better" or "worse." Just saying, it seems to me that all taxes, despite being different forms or appearances, are ultimately income taxes. For example, sales tax is just another way of getting income. The taxes are all income taxes but try to disguise themselves by using a different name or appearance. The real question is how regressive the taxes are? The sales tax can be better understood as a regressive tax that is actually quite a large amount, almost 10 percent income tax on low incomes. The import tax is added to the cost of goods and services on top of thar, or is not made available in the country at all.
I ain't willingly bringing a kid into this mess.
same
Why when they are going to be financially enslaved.
Tough times makes tough people . Imagine the silent generation said that ?
@@july9566was there hope for a better life back then? For things to get better if they just tough it out? I don’t really ever hear much about that generation tbh
If you won't, then your line ends.
That’s why we’ve criminally imported 20 million South & Central American wage slaves.
@@InvictusVirtus333 / Basic math is blasphemy.
Exactly!!! I bin telling ppl this, they look at me like I’m crazy!
@@johndsouza842 / We humans are designed/evolved to be easily controlled labor. Most aren’t very smart and we’re herd animals, emotionally reactionary, focused only on immediate needs, procreate easily, don’t live very long. It’s not your job to change or fix everybody.
What about all
American one's
here already?
@@InvictusVirtus333 Truth is often difficult to swallow.
Why is this damn room always empty?!
How is congress supposed to work without actual dialogue!
Watch the whole video, well actually just a few minutes in. He explains this question.
@stephenpetersen354 yeah i see that, i still don't like it
I wouldn’t have shown up to this bs either if I were in the House of Reps.
@@Winner5zero4 that'd be fine with me. Close this building and never use it again. It's not like it's making our lives better
@@Winner5zero4 It would seem that if you were elected into a position as a representative, you would actually make an effort.
My grandparents had 7 children, and my grandfather supported them on a cleveland cop salary. My single mother raised me alone working 2-3 jobs. I work 2 jobs with no children and still struggle. Why would I wanna add another bill and job to my life?
I understand where you guys are coming from. That sad part is that by not bringing children into the world, your current misery will be increased tenfold in your older years when there will be no future generation to take care of you and keep the economy going.
@JC-em4tx OK, Have my baby then...?
This right here it's just not worth the struggle why bring a child into an already bleak situation.
@@JC-em4txor we eat the rich
Maybe we should be increasing legal immigration of skilled worked/consumers to help fill in gap from lower birth rates?
Imagine being a boomer who bought an $80000 house in 1980 with a 20% interest and then refinanced it in 2020 at 2% interest rate with a $400000 loan and telling the new generation to live within their means.
Who's getting a mortgage longer than 60 years? Lol
boomers bought up the housing market to profit off of Air Bnb's.
The person that bought the home in 1980 would have paid over $400,000 in interest alone on a 30-year loan with the interest rate you listed. Also, the loan would have been paid off in 2010 if the loan was paid over the full term and not paid off early. How would the owner then refinance their home with a $400,000 loan?
What point are you trying to make?
@@Powers242 You could have refinanced years in for a lower rate with more equity back. We don't have that luxury today. Not to mention the down payment is way more.
My multimillionaire father in law has multiple private retirement accounts and 8 figures in liquid cash and receives FULL social security benefits.
If costs of living weren't so high i would've had children already
I would likely be pregnant right now if the cost of living was more affordable. But no my husband and I are spending most of our income paying for our modest starter home🫠 And quite frankly we are lucky to have a home…
@@honeybee176and A pizza, and A car, and used everything cause everything is so f*******" expensive!
@@longjohn8341 Not everyone is willing to give up on absolutely everything to have kids, that's what billionaires want you to do, to become a slave, that's not the life of a human.
vast majority of people will only decide to have kids if they can feel like they can maintain a semblance of a normal life afterwards.
@@longjohn8341congratulations that you are doing well, seriously. But right now even a super modest home in my area (where my decent paying job is) would be near 50% of my take home, with a good down payment. When my parents were young they bought a midsize home home for 5 at 15% of their monthly take home...from a single income (my dad). I am not poorly paid...prices have gotten out of hand. Im happy you pulled this off before it started this way. I could have, but i prioritized a graduate education. I feel even worse for those younger than me.
You, and others like you, need to understand the field has shifted drastically and for those of us starting out, it isnt just about being frugal, its about making a lot more than the average American income.
It is really bad out there.
@longjohn8341 40k salary in 2024 with 4 kids is living in poverty whether you say "no" or not. Yearly rent is already over 1/4 of that salary. That doesn't include gas, groceries, utilities, medical expenses. Basic living necessities.
I wanna sympathize but weren’t these the same people who yelled at people to not have kids if they couldn’t afford them?
Oh no! The cost of living including groceries, rent, food and more have increased over 25% while my income isn't going up. If I'm living check to check then why would i make it worse raising a child?
Here is a small idea that could lower Medicare cost. “Price restriction” on medication. There is no reason why US citizens pay “more” than any other country on the same medications. I think it’s a form of price gouging and companies taking advantage of us should be held accountable.
Yes. And we are told it’s ’capitalism’.
@@Gotprivacy-noyoudont just run of the mill corporate greed, like the early days of the industrial era
I've seen doctors quit bc these companies were lowering the threshold of what qualified as hypertensive and asking they prescribe their blood pressure medication
The entire Medical Industry in the US is a joke. You’re talking about “businesses” that mark up products 20x. That’s not profit, that’s gouging because there is no transparency in the industry. These same “businesses” are charging gov programs the maximum amount possible -no matter what-.
The Only solution is to Remove these businesses from Gov programs to get rid of billing fraud.
It’s unfortunate, but people needing services like this will need to be pulled from private companies. Into a more crowded gov service.
@@p.granger8824 I think billing fraud has always been there and corporations use it as an excuse to hike prices. For example the cost of waist went way up and we are forced to pay with our property tax bill. They say it’s because we are working from home. But last time I checked I didn’t get a bigger garbage can.
Point being, by saying “it’s cause of billing fraud” you are giving corporation validation as to why they should jack prices. I always push back against price hikes. If more people thought the same, we would be in a better place, as a consumer.
Its actually because of government intervention that causes inflated costs for medication.
It has nothing to do with the free market.
I'm 34. I pay into my own Roth 401K. If you gave me the option to reduce my Social Security contributions to 1/4 the current rate to receive no SS benefits upon retirement, I'd take that deal. I do not expect to receive social security 31 years from now, anyway.
The market is designed to crash/ fail on a predictable cycle. We are at the crash point. So that idea doesn’t work either. But if all ss was invested (?) for the benefit of all- that might have been a plan. Choice? Nah. The crash is predictable and certain.
You won't
I have an uncle that was 100% libertarian. As soon as he retired, he became a full on Democrat. He says he doesn't want to lose his ss check and the Democrats said Trump is going to end social security. Democrats have said that for 50 years.
Thats fiction thats used to lie about what you do?
I'm a 50 year old Gen X and I never expected to ever get Social Security. So why should I give a crap about someone who does.
Fertility isn't what has collapsed... It's the American Dream that has collapsed. Why would I want to bring a child into this world when it is in such chaos. How could I bring a child into this world when I can hardly afford to live in it myself? The collapse is in leadership, education, and empathy. Will the world even be inhabitable by the time I should die of natural causes? The fact that the answer to that questions is "I don't know" is the problem...
Why would anyone want to have kids when there is no federally mandated maternity leave, child care, or healthcare? Plus there is forced birth now in the US so, again, why the hell would anyone want to have kids?
Not to mention the climate crisis. The world those poor kids will inhabit will be unrecognizable.
You may not be attractive enough to get a partner that is able to financially support the family you want and maintain a lifestyle you are satisfied with. I'm not a very attractive guy or anything. I'm just trying to help. Try workouts. That's what I'm doing.
Exactly!
@@HometownAngler😂
@@CormacHollandwhat do you suppose would be the fix?
Glad to see this guy SEES IT AND UNDERSTANDS THE PROBLEM .
We are and have been being conned, scammed, and lied to by the majority of Our Politicians and Supposed "Finacial Experts".
Yeap, our Government runs on a ponzi scheme, every baby or new citizen gets borrowed upon by every bailout, every subsidy, every war, everything they do, every time they raise congresses wage, every time they spend money it's borrowed from the future. All to keep us working because deflation is bad.
And yet people still vote for this every 4 years… so who’s to blame? They he government or the stupidity of the average American?
Most people recognize the problems. Ask any random person on the street who pays even the slightest attention and you’ll get similar answers. Not as deep and well spoken as this guy but absolutely most people get it. Just depends whether individuals actually care or even support that so much money goes to programs to support other than US citizens. The decision makers are just so far away from us in terms of worries, or just paid to do certain things and keep status quo going on and on. Tough for us.
US government, you're fired!
If only it was that simple.
@@anthonysantellan1861it is.
Anthonysantellan1861 you are fired.
@@anthonysantellan1861 The US Constitution actually says to do exactly that. If the government isn't behaving, we the people have every right to tell them to shove it.
The problem is that not many people have the stomach for the hard work that would be to remove despotic government.
@@caroblue7988 might be better off just leaving. I can't even stand it here. Until I leave I'll try to tell everyone we should start the apocalypse but we are already strung up by our balls. Bunch of bull sh*t is all it is.
@@anthonysantellan1861 I completely agree, it is a total shitshow and I worry for my kids. But let it come, I'd rather rip the bandaid off now while I can still try to defend my kids than later.
I would love to know what they’re categorizing as infertility. It’s very simple. If most Americans don’t have $500 dollars in the bank for a rainy day how the hell are they supposed to have kids. Make that make sense. These politicians are either stupid or don’t care. Create an environment where 2 people feel safe and secure enough to bring lives into this world.
You're absolutely right.
Add to that the fear some parents have had to deal with recently of formula and diapers shortages
They're already incredibly expensive to begin with, but add stress of not being able to have access to them
I imagine the politicians just glazed their eyes over and waited for him to stop talking.
I'm Gen X. Been aware that I might not be able to retire since Social Security will likely dry up while inflation continues for almost twenty years now. By the end of this video though, I had another realization: The government NEEDS my generation to work until we die and ALWAYS KNEW they would.
That’s so sad
At least you potentially had a chance before the 2008 crash to secure yourself or attempt to start something. I'm only 26 an back in middle school I remember having financial conversations with my math class about the crash. What always stuck with me was how the teacher said it's going to suck growing up and how it would difficult to retire (if at all) or start a family. Back then most obviously went over my head however as the years went on I really do hate how he was right. Thx for never treating us like kids Mr. Hoag
Your generation will just be the first
Gen X and below will have to work until we die. Very, very few of us will get to retire
48 and saw the same thing coming. Gen x was the last generation who got to have normal lives, craps gonna hit the fan real soon
As a young person, the biggest thing stopping me from starting a family is the price of housing. Want young people to start families? Build more homes/lower the price of existing homes.
Literally. This and difficulty of finding someone worth starting a family with. Also school shootings being so prevalent in this country. Also generally bad maternity leave. Also probably 10 other things I can't think of rn
Dating is a huge risk in America. No dude wants to settle down because it’s to much of a risk. Yeah let me work hard. Buy a house. Meet someone. Get married. Have a kid. Get cheated on and loose half my income. My house…. %99 of the time after a break up my x’s for some odd reason need to make up tons of bullshit that never happened to make me look bad. Yeaaaaaah. Noooooooo.
@@allend1982you're the only one, besides me, that understands the real cause of the coming population collapse.
Men aren't afraid of marriage, kids, or commitment. We're aftaid of divorce and the biasd family courts and laws.
@@mikey92362 yall are tripping... this is all a plot to cause a baby boom
@@mikey92362
Go get a Philippino woman.
It's disgusting if they think MORE people are the solution, when these politicians spend each day avoiding the actual problems in society.
They want more Americans to exploit for profit !
Reading the title, it made me think is Social Security kind of like a pyramid scheme. You buy in and the only way you get your money back is other people buying in later to pay you.
That's exactly what is! Been working since I was 17, now I'm 43. I got at least another 24 to go. And on that day, the government might tell me to f*ck off!
Good times...........
Mind blown
It literally is and always has been
It is cause the first generation does not have to pay in, but they get paid
@@redline9221
It's even more than that. When you consider inflation and cost of living adjustments, plus the fact that they'reliving longer; they're getting more in return than they ever put in.
What’s sad is…. he’s breaking this down with graphics like he’s teaching 3rd graders and Congress STILL won’t change.
Nobody is there to see the graphs
Democrats have been working to increase spending.
Republicans have been working to decrease revenue by underfunding the IRS so that the wealthy can get away with cheating on taxes.
Both sides are winning, so we all lose. Huge budget deficit.
It's not Congress that needs to change. Americans need to change. They'll always vote for spending now even if that screws future generations.
@@andrew8501Congress has no problems at all... Right.
@@joylessdancer4554 Congress would have a lot less problems if Americans were educated.
All my nieces are scared to death of the environment and therefore are not going to have children...😮
This is an individualistic decision not to have children. I am female and I see no logical reason to have children, and yes I would have no problem affording children. I do not see a point as I would have to basically give up on my career to have children. I also love what I do and I would be extremely depressed if I would have to become a mother. Women are choosing not to have children, and you can blame women’s liberation and choice. Blame birth control. This isn’t a problem for the old people of this generation alone, this will be an issue for the next 200 years, and on. There are very few incentives to have children, you cannot force women to give birth.
It already is an issue. Look at the border crisis. Look at how awful wages are. Look at how companies like Tyson foods laid off American workers for illegals to pay below minimum wage.
Delusional to ignore this. And to make matters worse, women vote for higher taxes, fill in jobs mostly useless, that MAKES STAGFLATION WORSE!
This is what is actually happening in Westernized nations around the world.
Every country that had widespread vaccination.
They spent the mo ey that's why.
Not really just these particular group of people are very corrupt and they've been here for a long time that's the problem we need term limits
It has been happening for decades in other countries. It started in Canada in the 1970s. The US was shielded for so long because after WWII the US, which was more "progressive" before the war, swayed more conservative. Other countries dove more recklessly into socialist and feminist insanity. This is the poison killing the Western world.@@talbenavraham1478
@tedlewis309 it this evil goblist agenda uk and Australia. Communism Canada.
Oh nooo wages arent going up and baby food us up 100 dollars. I wonder why people aren't having kids
Exactly. The US has let's nearly every industry be monopolized artificially driving up prices. Baby formula is a prime example.
Having a child has become a luxury NOW huh !!!
My kids will face hardships like none before them. It's going to be a hard life for the children of the world.
Yup. That's why mines will be safe in my ovaries, and I decided to sacrifice and self delete instead of bringing them here. That's true unconditional love ❤❤❤
You're right. The climate crisis caused by our actions will cause massive upheaval and difficulties. Humans and our consumption are pressuring the planet like never before. Resources are being depleted rapidly on a planetary scale. And environmental degradation from our plastics, emissions, deforestation, overfishing etc. just making a less abundant, less healthy and less stable world for the younger generations. We should've as societies always been thinking at least 7 generations ahead...
@@antinatalistwitch111sorry to break it to you but even if you have kids they arent an extension of you
1 trillion in additional debt every hundred days and congress is afraid of math.
Right, because none of us can even afford our own lives much less those of children...
His “math” left out all the areas to tap money for social security, like significantly reduce military spending, tax corporation profits, dramatically increase income tax for those making over 400,000/yr.
Constant growth is NOWHERE sustainable in the natural world - there are always ebbs and flows and dips. 🤦🏼♀️
i wouldnt recommend tapping military spending, cause i guarantee its not gonna be good. Military spending is already pretty low right now, and its going to cut directly from the ability to get what the soldiers need to function on a daily basis job wise, and its gonna cut into paychecks. and its already difficult to live off a soldiers paycheck. and if you dramatically increase taxes for the rich. guess what? their gonna leave the country to live and spend their money elsewhere, making the rest of us the poorer for it. i agree with the corp taxes though, they have a habit of dodging taxes.
The cost of kids is beyond the means of the middle class. So many aren't having kids. That's the simple math.
The last sane man educating the abyss of idiocracy
They know better, they're playing dumb.
So what do you suggest, Nolsie? For Americans to get less and/or nothing back from all of the money the government stole from them with every paycheck for many decades?
Brilliant!! 😂
The abyss stared back giving this dude the middle finger.
What? A mathematician that doesn’t understand basic sociology?
"have more babies so they can grow up and pay into social security not because having and starting families is imperative to a nation.. no social security is more important."
I doesnt matter at this point. Even if the fertility rate doubled now, social security would still collapse within 20 years. In ten years (2034) the SS trust funds run out, meaning people will start getting 25% less. At the same time, in the 2030s we'll have so many people taking from SS that the amount of people paying into the program will be insufficient to fund the pay as you go component.
@@theonlycaulfield The lack of understanding in the comments is alarming as though people saw different versions of the video.
Animals don’t breed in captivity
Tax the Corporations who put us in this position by impoverishing our society.
If perhaps, we had closed corporate tax loopholes, not exported good paying jobs for a decade or more, and not allowed the insurance and pharma lobbies to purchase our representatives, policies would have been put in place long ago to avoid these issues.
You're absolutely right
How did congress get a raise while simultaneously spending tax payer dollars on and putting Americans into a recession
YES, they can't live on their wages but we sure as hell have too, make it make sense. Like I always see posted, if all Government employee had to live on min wage you sure as hell would see that number climb fast.
They voted for it. They get to give themselves raises.
Slaves marketed as part of Congress are harmed with whats marketed to other slaves as pay?
What recession?
Medicare issue can be solved if you fix our food system. We can nonlonger ignore the obesity problem in the country.
If people stop being fat will they stop dying? I think they will still die. They will hang on longer spending medicare for longer, instead of dying rapidly due to heart disease and diabetes in their 40s/50s. If your heart bursts in your chest before you start spending medicare it makes the system more solvent.
Just sayin, fixing obesity will make it medicare worse off. =)
Technically obesity is contributing to the social security problem.
I hope this man DRIVES SAFELY ON THE HIGHWAY and GETS GOOD NEWS FROM HIS DOCTOR.
"I know this is a math free zone", holy, the shade wow
The real laugh was when he said he was educating staffers. The whole job of congressional staff is to become experts on facts and figures that Congress needs and provide that to their bosses.
This is something everyone in the US should watch. Sad part is very few will ever see this. None of the media platforms will give this any air time….
Found this video from tiktok
I once wrote down the estimated cost of having a single kid. With everything we'd need to provide for said kid in the first year. Here's my amounts.
Worst Case: $41,600
Likely: $21,300
Held within that amount is just the cost of just giving birth:
$6,000--$28,491 Labor and delivery
(If you're someone who doesn't have insurance you're looking at like $30,000-$50,000 for the delivery alone)
Price sways depending on what assistance you'd need giving birth (C-Section, Epidermal, etc.) So let's say; you'd want roughly $30,000 disposable income set aside to ensure you don't die in childbirth. That amount also doesn't accommodate any pregnancy complications you may have to pay for prior to giving birth because I forgot about that fun possibility in those 9 months. Might be safest to double Labor and Delivery to $60,000 to ensure worst-case scenario pregnancy doesn't kill you either ¯\_(ツ)_/¯
(AKA your job firing you for being pregnant; fatal complications, baby on a ventilator, etc.)
Seems safest to me to have $71,600 set aside so that neither you nor your baby die in the first year. Oh! But, also, none of these estimates included Childcare facilities and maternity/paternity leave is not one full year. Google says the average is $321 a week. So, after you calculate childcare facilities into this; I bet that number is somewhere over $88,292.
If you can't tell; I had given up gathering data on the exact prices midway because it was way out of our budget. Since we'd have to save so much, I was hoping to rely on IVF in the future. But if the AL ruling on embryos spreads; IVF is virtually unavailable because no one is going to provide fertility treatments if they might get slapped with a murder charge. Not looking forward to the 10%-20% chance I get slapped with a murder charge myself for having a miscarriage.
TA-DAH! That's how you lost a new generation, Congress 🎉
I suppose none of you guys can do anything to "fix it", huh? It's impossible, right? I guess; best of luck to all us ladies trying to get pregnant in the female-only prison!
Yup. And none of this factors in any compensation for going through pregnancy/labor/postpartum/childrearing since we insanely do this for free while other life threatening occupations get paid/respected.
Giving birth can be done completely free of cost. That's how most people in the history of our world did it.
If our leaders wanted to fix the problem, they could do it for no immediate cost very easily. Of course this would accompany a period of chaos, but that's the price we have to pay for ignoring the problem for too long.
As long as my 40 hour job can't sustain me. Theres no point in kids.
Pursue higher education then and get a good job
Give me the social security money back now that I have paid in. One lump sum.
I don't trust you with it.
We all could have done a much better job then the government FFS 🙄
The money is already gone. There isn't any money. You money you're paying in has gone to retirees.
that's why I sign out of every SS system.
I’d be happy with just being removed from the system entirely
how?@@jurassicthunder
I guess when the greedy pigs own everything and try to extract every bit of money from those that don’t have leverage, then people can’t afford to support a family of a bunch of kids.
Nailed it. The only people constantly claiming there's a "fertility crisis" are the greedy pigs who rigged "markets" like "housing market" and made kids unaffordable to the HONEST young hardworking people.
With all the chemicals we use I'm not surprised... add that to the fact that you need two full time incomes to afford anything and this is what you get
„It’s free money except we‘re borrowing it and paying interest…“. Let that sink in.
Struggling working 2 jobs, saved and lived frugal for over a decade, barely able to buy a home, now working 2 jobs to keep it.
Biden's America
@@BrokenGlass2024more of a Republican thing really
Maximizing what companies extract from workers and minimizing pay is their whole thing
@BrokenGlass2024 @SigFigNewton It's not Biden or any Republican policy, it's bipartisan incompetence. You're too busy arguing over the impact of political leanings on the micro scale while the macro scale requires our full attention on bringing down the debt. The only questions that matter are how we can bring down the debt because if we can't bring that down our fiat money is fucked. If our fiat money is fucked, we're all fucked. We shouldn't be worrying about our rashes when we have cancer.
@@y4550 bringing down debt is what republicans fight against when they strive to keep the IRS underfunded
What kind of car do you drive?
So basically as our money is worth less we’ll be taxed more to cover the incompetence of people who make 10x the average we do out our very taxes.
Yep, it makes you feel like bread dough, doesn't it.
Correct. 1/3 of your federal taxes already go to paying the interest on the debt. Not the principle. Just the interest. They are still adding more debt, not paying it down. Go check the debt clock. Every man, woman, zer, and child, including the baby born seconds ago, is already $640,000 in debt, and sinking fast. The ship has already hit the iceberg. Soon the band will stop playing.
You’ll make less because they import cheap labor even as the demand for labor decreases.
This keeps wages exceptionally low
All politicians should be capped at making either No more than 70k, or be forced to make the national average, ignoring the top 10% of wage earners
@@OctagonalSquare They’ll just make money off “investments” or their spouses will. Or like Obama, they’ll make “speaking fees” for giving boring talks someone else wrote. And they’ll have some ghost writer write some boring book that will magically become a best seller.
So many ways to launder bribes to them.
Fertility rates? You can barely feed everyone and thats what you're worried about? HAHAHAHAHA
I been working and saving my entire young age. I started working at 16. In my 20's I took whatever overtime I could and never did anything fun. No vacations, drank at home, never went out to eat. Hell, I did leave my state until 2 years ago. Now im in my mid 30's and all that saving hasn't helped me get a home. Home prices have soared so fast that my saving now is barrly a drop in the bucket. My wife now has given up on ever having kids cause she refuses to raise a child in apartments like she was. American dream feels dead to me and I dont see the point of trying anymore... I wish I had gone on vacation with my friends more..
At this point a majority of Americans are trying to figure out how they can take care of themselves in the face of rising inflation and prices on everything. I’m sorry but this society is collapsing. People cant afford families and the whole thing is coming apart. Don’t you feel it yet?
Saving up a few hundred grand and leaving the country, is quickly becoming the new American Dream.
@@JustinWilliams-ed2ug Absolutely. I'm retiring (in 11 years, hopefully) to Belize. Stable currency (pegged at 2-1 USD), English-speaking, is relatively affordable.
20:36 this speech isn't about pushing pronatalism
Make the world a terrible place to live and wonder why people don’t want to bring people they love into it
exactly, my family is all up in arms that my cousins are not having kids. None of them...why!!!!! They want their quality of life to be livable.. Having kids NOW isn't livable!! I'm clawing my way through life to give my 3 kids a decent upbringing. Am I a happy person daily, NO!!!!! f they decide not to have kids I get it!!!!! So the blood line is going to die off yeah, our world is dying off in general!!
@@LA-rc7cw They're upset and jealous those cousins won't be as broke, exhausted and miserable as they were.
@@LA-rc7cw
You will be poor regardless.
@@jaredleicht1656natural resources are going to be run out in general. Sorry but watching your children run out of food and water resources isn't something I would want to do either.
@@LA-rc7cw
Lol... you fell for the propaganda.
Personally I don't want to keep borrowing from myself to pay myself back with interest it just doesn't seem profitable
I agree with many comments here but I think its also fair to point out that David here is actually trying to get the rest of congress and government on working out the real issues, I appreciate that.
This is about the 200th warning I’ve received in my lifetime. I’m in the early 40s. I’d rather vote for an admin who will deal with this. Figure out how to message this and get it out there. Americans are not dumb.
Most Americans are lost.
Yes and that's why we're going to bring Trump back
@@tedlewis309and what's he gonna do? Trump doesn't have a plan to actually fix this. His plan is simply to fund it so his current voter block, the boomers, get cashed out in full. Ie extend the program and kick the can down the road AGAIN. That's the heroin addict getting one more fix. Need rehab.
@@tedlewis309until they rig the election again and no one does anything but get gaslit by the mainstream media and political theater
No, you wouldn't vote for an admin that will deal with this, because you would have to lose out in the future. Anyone that wants to reform social security will get defeated in next election, so no incentive to do whats best in the long term.
This guy demonstrates true compassion for the American tax slave frameworks. 👏
My mom and dad both worked 35 yrs and were both dead at 59 and 60. Cancer just so happened to get both at 55. Where is that money that they never seen. FTG.
That's the point of Social Security because it's a ponzi scheme, always has been.
How old were your grandparents?
Government kept it
Surviving dependents can get the money but they probably didn't have any at that age
@@aliannarodriguez1581their 80s
Damn I am sorry 😢
I had a conversation with my mother in law yesterday, she's in her 60's. And no, she's not senile, yet. It was very eye opening to come to the realization how out of touch the boomers/ OLDER gen X. They think my step brother is going to be able to find a house for $800 dollars a month in a place like where you can't find a single home on the market under 250k right now. The average home price where she lives is well above 400k dollars. She's living a reality that doesn't exist anymore. She and her husband had a home built for them by habitats for humanity over 20 years ago. The house cost her 50k dollars. The appraised value of that house today? Over 500k. Outside of people you see on tv and the internet, the older generations have absolutely NO IDEA how bad it is for Millenials and Gen Z.
PAY US A LIVING WAGE
He says that the money wasn't stolen, but let's be realistic, the politicians spent a lot of Social Security money on other things. That's why current workers are paying for the Social Security of current retirees rather than current retirees paying for it, and that's the conclusion we have to come to when intragovernmental borrowing exists while the federal debt is much greater than the (purely) actuarial surplus for Social Security.
Fiction used to market my human slaves as if its non-fiction?
How about taxing and borrowing to send the money overseas for wars that citizens don’t want?
No, it's the Borrowing and Spending Did you listen
@@berteisenbraun7415i think hes being sarcastic homie
@@yomust0of you are right
@@berteisenbraun7415 You and youmust0of are both not very smart.
If you were a True Christian you would not say that! I will pray for you!
This guy is speaking the truth about how the media only talks about random things that pale in comparison to actual amounts being spent
Invest in Americans if you want returns.
Ya know, instead of globalizing trade for short term profit and using the military to enforce the safety of that globalized trade.
If young people do not see the value of having kids, then why would they.
A future that is increasingly bleak is no carrot.
Talk about $10 million per day for decades to Israel.
And you missed his point. What he is saying is that social security, just the interest on it alone, is leagues and bounds more than that.
So what you're saying is kind of like saying "we need to be concerned about drowning deaths" when the top causes of death are homocide and heart disease. Your priorities in terms of costs are off. If you care about costs, you care about what he's talking about.
@@stephenbergeron6268 I first heard the Social Security alert in 1988. Our leaders cannot serve both Israel and Americans. The focus of their attention is obvious.
Talk about AIPAC.
that's literally nothing in the scope of 140trillion dollars
What products did Epstein sell to mossad?
How about the billions and billions and billions on corrupt bullshit government.
If people don't feel hopeful about the future, they'll have fewer children. If they are struggling to survive let alone thrive in the present, they will have fewer children.
This is what I want to see from a politician. Sitting there and detailing why they oppose it instead of no and walking away.
Why would anyone want kids in this country with how much we are taxed into poverty rent is almost 3 thousand for a 3 bedroom houses are 400.000 or more we have no incentive to pop kids out for you!
The Psychosis is Extensive..Truck Prices 40,000 ..who would want to put 40k on the road with All the crazy drivers 😂
Our taxes are very low compared to other countries.
Yep. He basically says that.
Aloha from Hawaii the information in the math was right on the money thank you for sharing shut the border down 100%
Shut the border down when immigration is the only thing that makes the math work?
Are young people supposed to care about senior poverty?
They are asking too much of the youth. It’s ridiculous. We have to fix senior poverty, have more babies and expect nothing in return but debt and homelessness
Ive told my three kids they need to band together in life and through it to manage the future of whats to come
I watched this entire video. I am absolutely AMAZED by congressman Schweikert. The people of Arizona have a warrior in Washington, who will fight for the economic future of all Americans. Together we CAN tackle this debt. We WILL vote for politicians willing to slash spending 🇺🇸🇺🇸🇺🇸 Let’s have the tough conversations to keep America healthy & vibrant
Absolutely! I wish more people could or would listen to him. We all know how hard it is to get out of debt, and it is never fun. However, when you make the cuts and get rid of the bloat, you will have more money in the end. We need to vote for individuals, not parties. Maybe then we could get back on track. 🙂
It's mathematically impossible to pay the debt back. We have no manufacturing base and won't have the reserve currency in 25 years (probably).
We don’t need to pay the debt back entirely. In fact, economically it’s ok to have a deficit. The government does need money for certain things. The problem is, at this current rate of spending we put our entire economic future in grave danger. We need to cut *drastically* to get back in sustainable numbers
We don’t need to pay the debt back entirely. In fact, economically it’s ok to have a deficit. The government does need money for certain things. The problem is, at this current rate of spending we put our entire economic future in grave danger. We need to cut *drastically* to get back in sustainable numbers
People, stop pleading to your government that put you in your position.
Some people just don't want children. 🤷🏻♂️
Bingo
Where does all the money go that was owed to people that died before they could collect?
TimeStamp (Please upvote) or pin.
1:10 - General frustration regardless of political affiliation, issues nextgen US citizens project without solution.
11:30 - Pie Chart on borrowing money
12:20 - government interest borrowed per second
14:00 - FY24 Spending.
16:20 - FY24 spending, bar graph.
19:25 - Decliniation of US fertility rate projections
22:40 - Death projections to exceed birth in 2040
23:55 - US Agency total fertility rate (TFR) projections
24:45 - National debt increase in the first 3 months of Fiscal Year
28:00 - Total interest cost in first 4 months of fiscal year
31:00 - Average interest rate on outstanding debt
35:10 - growth in debt for exceeded growth of the economy in 2023
40:30 - opinion - politicians are too focused on fighting each other than working together for solution on debt crisis
We can't get out of our problems when we primarily tax the people who have relatively no money. The money to save social security exists you just have to tax the people who have that money.
Here's an idea, make corporations actually pay taxes.
Another one, make churches pay taxes.
This is one of the best things I’ve ever seen. Thank you congressman. Thank you for fighting for our future 🙏🙏🙏
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