Friday, June 14, 2013

Foreign Talent is Cheaper then Local Children (TRS article)

Every now and again, the nanny state turns it attention to the breeding habits of its locals and the birth rate conversation comes up to much debate. Among Singaporeans, it's difficult to discuss policies related to child bearing without considering whether or not children are a financial investment. The line, "Because I will need someone to take care of me in my old age" is so ingrained in the Singaporean psyche its unavoidable.

Photograph from China Daily

I started a blog about why I don't think children are a good financial investment - if you're so concerned about being taken care in your old age, you best forgo kids and invest all that money you'd otherwise spend on them in something with more certain returns.

19 comments:

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Steve Puckett said...

Well Miss Izzy, glad to know Singapore's great economic success was from copying...Switzerland..(cough, cough, cough). In America we are "modern" also by not having a great number or any children ( our illegal hispanics exempted ). We get to read everyday of elder abuse in nursing/senior citizen homes where large negro orderlies or vindictive hispanic bed pan cleaners sexually abuse and torture the senior residents. How old fashion it would be to expect your children to take care of you in a loving family home.
I have three children and would have more if my beautiful wife were a few years younger. I'm white and my lovely wife is Chinese. My wife's mother blesses us by staying half the year with us and the other half with her son. My mother-in-law is a treasure ( who I actually like more than my own mother ), she helped my wife greatly with each of our newborn babies, when she decides to cook its wonderful, and when she's tired at looking at how sloppy my sweet wife is, she shows my wife the proper way to clean a house. Too bad she's "old fashion" Miss Izzy. I think perhaps while drinking from your proper whiskey collection you came upon this concept to justify aborting your own baby while married....eh?

Skizzler said...

Your interesting. I've looked at your blog about once a year for five years or so. You have quite the life. Or had quite the life. You don't seem to be on the (online) map anymore. Are you still interested in he more... earthly, pursuits you seemed so adept at? I really enjoyed those stories.

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