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Originally Posted by ilr58
Yes, that's right, I would rather have some people give up some of the things that are really luxuries like a brand new car and drive a used car in order to afford health insurance then for them to go ahead and purchase the brand new car knowing that my higher taxes will pick up the slack due to their poor or nonexistent financial planning).
Many that would simply get serious about being disciplined with their finances would be able to afford top notch healthcare, save for retirement, save for the kid's college bills, etc. rather than buying a new flat screen tv, buying a new car and who knows what else.
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perhaps it's just me, but doesn't the educational system (and therefore the government) hold some of the blame for folks who suffer from non-existant financial planning? none of my schools taught me the first thing about real-world finances. my economics class cover things like 'supply and demand' not 'saving for retirement and avoiding debt'.
yes, it is the parents' responsibility. but, until we have a system that ensures all parents are responsible (HA!), then we have a government there that is supposedly picking up the slack when it affects the public good. while this may be the case for issues such as sexual health and eating right (which are covered in schools because someone didn't learn it at home and needs to), it's almost never applied to personal finance.
those who are cynical might think it's because there is less profit in financially responsible teens and young adults...